Customer Quote by Richard Driehaus
“If there's a large move on significant news, either favorable or unfavorable, the stock will usually continue to move in that direction.”
About This Quote
Market trends tend to persist after major news, reinforcing the direction of price movement.
In simple terms: News can push markets further.
Watch news-driven trends.
Themes
Mood
Type
When to use this quote
- trading strategies
- investment decisions
- portfolio rebalancing
Key Concepts
Questions to Reflect On
- How do you confirm a trend’s strength?
- When should you exit a momentum trade?
Momentum can reverse unexpectedly; risk of overreliance.