More On News-Driven Trading

For readers who are interested inwards news-driven trading, hither is only about other Post Earnings Annoucement Drift (PEAD): the phenomenon that stocks amongst positive turn a profit tidings run out on to tendency upward for a long time. Furthermore, if indeed toll movements inwards answer to tidings are exaggerated (contrary to the findings of PEAD), it would appear to advise a reversal merchandise rather than suggesting that the tidings tin hold out ignored!