The August inflation beat was the size of a measurement change the government had announced in advance. Bonds worked it out by lunchtime. Boeing won a $20bn fighter contract and closed down. Northrop lost it and closed down more.
Read the damage →A carry trade that met a hawkish Bank of Japan, a company that beat every estimate and fell 13.54%, a $3.65 billion backlog attached to $33 million of revenue, and a stock that beat by $60 million and missed by $50 million.
Read the damage →A 35.67% session at a retailer whose comparable sales went nowhere, $17 billion of bad news that made a stock go up, and a short that survived the press release but not the earnings call.
Read the damage →Five minutes of reading. A lifetime of bad decisions to study. Your portfolio will thank you, eventually.
