Nintendo And Pokemon GO: A Lesson On Behavioral Investing

Nintendo And Pokemon GO: A Lesson On Behavioral Investing

There is a famous investment tip that says, “Buy the rumor, sell the news.”

Stocks sometimes trade higher (or lower) heading into “major” news announcements before reversing course immediately following the event.

Anticipated market-moving news items can include quarterly earnings reports, business rumors, macroeconomic trends, new product launches, and more.

Not surprisingly, there is typically a lot of hype leading up to...

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