Why do some stocks skyrocket on a positive earnings surprise while others fall off a cliff?

Why do some stocks skyrocket on a positive earnings surprise while others fall off a cliff? Higher Stocks Prices = Higher Expectations = Harder to Satisfy Investors That is why this earnings season is so important for the broader market. As for individual stocks, there will be big winners and losers depending on the strength…

How Smart Is ‘Smart Beta’ vs Classic Beta?

How Smart Is ‘Smart Beta’ vs Classic Beta? Most of the glowing analysis of so-called smart beta ETFs focuses on individual funds and how they offer advantages over their conventionally designed counterparts that weight securities by market capitalization—classic beta, as we’ll call them here. But what happens when we design portfolios with smart beta products?…

Alibaba prepared for an online pharmacy boom.

Alibaba prepared for an online pharmacy boom. The e-commerce giant said it would combine its Tmall pharmacy business with Alibaba Health Information Technology, in a $2.5 billion deal that would raise its stake in the Hong Kong-listed subsidiary from 38% to 56%. The Chinese government is expected to approve online prescription drug sales later this…