There are many things that help move the market. The media makes it seem that it is due to these “news” that the market behaved in such a way. Then when there appears to be many news worthy issues happening in the market they like to try to put the blame toward a single event….
Tag: Earnings
KEWLTECH: Issue 012 – News Trader
“We’re going to rally because GS beat estimates!” “We sold off because the unemployment was bad!!” “Why are we selling off?!!! All the news is good!” “Obama just talked !! Its why we sold off” … before that “Bush is talking. Short it!!” Ever seriously listen to the funnymentals that follows every news trader’s lips…