HDQ
Vol. 1  ·  No. 700
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114 articles
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Behavioural
Oil Has Risen 24 Per Cent in Three Weeks and the Fear Gauge Barely Moved
The CBOE Volatility Index spiked after the Saudi pipeline strike and retreated within a single session, even as WTI crude kept climbing. The anchoring effect behind that gap is worth naming before the next escalation arrives.
Sep 15, 2026 6 min
Behavioural
Retail Investors Are More Afraid of the Hormuz War Than the Market Is
AAII bearish sentiment sits near 40 percent while the VIX stays below 18, a gap the availability heuristic explains better than the headlines do.
Sep 14, 2026 6 min
Behavioural
The VIX's Quiet Four-Week Climb Is a Textbook Case of Recency Bias in Reverse
Volatility has risen for four consecutive weeks as the tanker war in the Strait of Hormuz escalates, yet investor behaviour shows the opposite of panic. The research explains why that is a warning sign, not reassurance.
Sep 11, 2026 6 min
Behavioural
Recency Bias Is Pulling Clients Into the Energy Rally at the Worst Possible Entry Point
WTI is up 18% in thirteen sessions as the tanker war escalates, and the same headlines pulling clients toward energy are the pattern Barber and Odean’s research says loses money.
Sep 10, 2026 5 min
Behavioural
Investors Are More Bearish and More Bullish Than Usual, and Tuesday's TSX Move Shows Why
AAII's latest sentiment survey shows both readings above their historical averages, and the TSX's Tuesday decline did not come from the headline most investors will blame for it.
Sep 9, 2026 5 min
Behavioural
Why This Week Feels Worse Than the TSX Actually Performed
Five of the last six trading sessions broke the TSX average daily swing, but two of those five were gains. What is remembered from a week like this is not what happened.
Sep 8, 2026 5 min
Behavioural
How Canada Decided Its Workers Deserved a Day
A failed strike, a legalized union movement, and a century of patient negotiation explain why the calendar stops today, and why the discipline behind it still describes good client relationships.
Sep 7, 2026 5 min
Behavioural
Why the TSX's Two-Day Rebound Is the Most Dangerous Data Point on the Chart
A three-session slide gave way to a sharp bounce as the same war headlines that triggered the selling also powered the snapback, and loss aversion research explains why so many investors read the sequence backwards.
Sep 4, 2026 6 min
Behavioural
Gold's War Premium Is Cracking as the Conflict Widens
A safe haven story investors have relied on for months is not holding up against this week's escalation, and the data shows exactly where the mechanism broke down.
Sep 3, 2026 6 min
Behavioural
Gold’s August Round Trip Is a Textbook Case of Attention-Driven Buying
Barber and Odean’s research on attention-driven buying explains why gold’s surge past $4,650 and retreat below $4,370 is landing hardest on investors who bought the headline, not the asset.
Sep 2, 2026 5 min
Behavioural
Why Millennials Panic-Sell Eight Times More Than Boomers
New retirement research shows younger investors abandon markets at the highest rate, just as a fresh Hormuz escalation tests every portfolio's nerve.
Sep 1, 2026 7 min
Behavioural
Gold's Quiet Climb to a 15-Week High Hid the Risk That Just Came Back
The weekend's first US-Iran military exchange in a month caught portfolios positioned for calm. Kahneman and Tversky mapped exactly why quiet weeks make the next shock feel unprecedented.
Aug 31, 2026 6 min
Behavioural
Why TD's 38% Profit Jump Moved the Stock Less Than Scotiabank's 18%
Anchoring bias explains why this week's strongest bank earnings produced some of the weakest stock reactions.
Aug 28, 2026 5 min
Behavioural
The Beat Isn't the Story: Why National Bank Fell on a 23% Profit Jump
Three of Canada's Big Six banks posted double-digit profit growth this week. Only one of them was punished for it, and the pattern says more about investor psychology than about credit quality.
Aug 27, 2026 6 min
Behavioural
The VIX Has Not Moved in Three Weeks. That Is Not the Same as Markets Judging the Trade War Small.
The TSX closed at a record Tuesday as the VIX held its August range, even through a confirmed tariff escalation and a fresh Iran sanctions round. Anchoring bias, not calm judgment, explains why.
Aug 26, 2026 6 min
Behavioural
Two Shocks Landed the Same Week and the VIX Shrugged
Iran sanctions and Canada's trade retaliation arrived within seventy-two hours of each other. Volatility barely moved, and the psychology behind that gap is the story.
Aug 25, 2026 6 min
Showing 17–32 of 114 articles

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