
Who Actually Moves Stock Prices? Inside the Machinery of Every Quote
Headlines blame traders. The plumbing — market makers, algorithms and order flow — does most of the moving.

Headlines blame traders. The plumbing — market makers, algorithms and order flow — does most of the moving.

Most people read too much market coverage and retain almost none of it. A fixed half-hour, once a week, fixes both problems.

A seasonal checklist for reading the quarterly reporting rush without letting the tape read you.

Most intraday headlines are weather. A few change the climate. Here is a working filter for the difference.

Strong data should lift stocks. Often it does the opposite, and the reason sits in expectations, not in the headline itself.

Three cases, one discipline: the method that forces an investor to price the outcome they expect and the two they don't.

Producers, hedgers and speculators never meet. A layered cast of intermediaries connects them — and each layer takes a small toll.

Most calendar entries are appointments. A few are events. The skill is telling them apart before the open, not after.

Sourcing, incentives and track records separate useful finance media from noise. A checklist for telling them apart.

More research feels like progress. Usually it is a delay with better paperwork.