Price Follows Expectations: Navigating Earnings Gaps and Market Momentum feat. Alex Carteau

In this episode of the Market Misbehavior podcast, Dave is joined by Alex Carteau, president and co-founder of EPSMomentum. Recorded 3/12/26.Alex shares what he’s learned from years of analyzing stock performance, including his firsthand experience working with institutional investors and analysts during his time at Bloomberg. We dig into the true relationship between price and earnings, the critical difference between raw earnings and earnings acceleration, how to navigate the intense volatility of earnings gaps, and why understanding post-earnings drift and technical indicators like Average True Range matters so much in a tricky 2026 macro environment.🎓 Take Dave’s FREE course on behavioral investing: https://www.marketmisbehavior.com/freecourse📘 Check out Dave’s recommended reading list: https://www.marketmisbehavior.com/readinglist👉  Follow Dave on X: https://x.com/DKellerCMT👉  Follow Dave on Bluesky: https://bsky.app/profile/dkellercmt.bsky.social👉  Follow Dave on Facebook: https://www.facebook.com/marketmisbehavior👉  Follow Dave on Instagram: https://www.instagram.com/marketmisbehaviorThe content in this presentation should not be considered as a recommendation to buy or sell any security. All information is intended for educational purposes only and in no way should be considered as investment advice.