Attention‐induced trading and returns: Evidence from Robinhood users

BM Barber, X Huang, T Odean… - The Journal of …, 2022 - Wiley Online Library
We study the influence of financial innovation by fintech brokerages on individual investors'
trading and stock prices. Using data from Robinhood, we find that Robinhood investors …

Resolving a paradox: Retail trades positively predict returns but are not profitable

BM Barber, S Lin, T Odean - Journal of Financial and Quantitative …, 2023 - cambridge.org
Retail order imbalance positively predicts returns, but on average retail investor trades lose
money. Why? Order imbalance tests equal-weighted stocks, but retail purchases …

Online information search, market fundamentals and apartment real estate

P Das, A Ziobrowski, NE Coulson - The journal of real estate finance and …, 2015 - Springer
We examine the association between online apartment rental searches and fundamental
real estate market variables namely, vacancy rates, rental rates and real estate asset price …

[BOOK][B] Regulating competition in stock markets: Antitrust measures to promote fairness and transparency through investor protection and crisis prevention

LR Klein, V Dalko, MH Wang - 2012 - books.google.com
A guide to curbing monopoly power in stock markets Engaging and informative, Regulating
Competition in Stock Markets skillfully analyzes the impact of the recent global financial …

Assessing performance of Morningstar's star rating system for equity investment

P Bolster, EA Trahan, P Wang - Journal of Economic & …, 2016 - journalofeconomics.org
Both institutional and individual investors have a vast array of advisory and ratings services
to assist with security selection. One of the most prominent sources of stock ratings is …

Investment performance of AAII stock screens over diverse markets

D North, J Stevens - Financial Services Review, 2015 - openjournals.libs.uga.edu
Individual investors often rely on information services and products to compete with
professional investors. To assist in this effort, the American Association of Individual …

Perception alignment hypothesis: causality of herding?

V Dalko - Qualitative Research in Financial Markets, 2016 - emerald.com
Purpose The purpose of this paper is to uncover an institutional reason behind herding and
the key to successful execution of the accumulation-lift-distribution (ALD) trading strategy …

The impact of Mad Money recommendations during bull and bear markets

AJ Roszkowski, N Richie - International Journal of Managerial …, 2016 - emerald.com
Purpose–The purpose of this paper is to examine semi-strong market efficiency by
observing the behavioral finance implications of Jim Cramer's recommendations in bull vs …

[CITATION][C] Investing in Morningstar five-star stock upgrades: Price and style effects

PJ Bolster, EA Trahan - Journal of Accounting and Finance, 2013 - na-businesspress.com
We study the impact of buy recommendations derived from Morningstar 5-Star stock
upgrades. Our results show that Morningstar's recommendations follow a sudden abnormal …

Teleinvestmentevangelists: celebrity, ritual and religion and the quest to “beat the market”

DE Allen, M Keller, E McGoun - Qualitative Research in Financial …, 2015 - emerald.com
Purpose–This paper aims to offer a cultural understanding of investor faith in stock picking
despite overwhelming evidence questioning its efficacy. Why, in the face of very widely …