Quant Macro Investing

Risk Taking Disciplined

For Traders, Big News Is Old News in Minutes

Twitter in particular has contributed to this phenomenon in recent years, some say. On Tuesday, the stock of Darden Restaurants (DRI: 42.02, -0.26, -0.61%) — owner and operator of casual dining restaurants such as Olive Garden and Red Lobster — started to decline. Ryan Detrick, senior technical strategist with Schaeffer’s Investment Research, an options-trading and investor education firm, looked on the newswires to try to find out why. When he didn’t see anything, he turned to Twitter, where he saw that an analyst had downgraded the stock to hold from buy. (Here for full article)

Editing Assistant: Lingli Li

March 15, 2010 - Posted by | Case Study

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