As traders/ speculators, we make decisions based on our observations ...and here are some oservations/ myths.

Shares go up before results means good results coming.

In the case of Vitrox, price went up from $ 7 in mid Sept to $ 8.30 on 22 Oct and released disappointing results on 24 Oct...................by  now, the share back down to $ 7.40.

Observation.............shares up before results not always means good result.

Share market as indicator

In the case of Dow Jones it  is near record high, driven by tax cuts, US Federal deficits of $ 1 trillion for 2019 and other news flows.............

Observation.............most of DJ is driven by automated trading, AI , news flows, short term in nature and says little  about long term consequences. It used to be said, share market is a good predictor of economy 6 months ahead. I do not find any truth in that statement. I find stock market trading is divorced from real economy.

Other myths and observations?