One of the important things to understand about news is that it can cause short term tail risk.

A surge of daytraders going short or long after a big positive or negative news release creates a risk of the move reversing violently when the demand or supply surge dies off.

If the move is reinforced by "investor" supply or demand... It defuses the risk...


Big news releases in the morning that really effect the market tend to die off around noon.

However, the caveat is that this is only the case in "normal" market conditions. High complacency... No trends, non RORO market.

I'm looking at this market behavior in recent times... And it is very frigging strange. There is just no multi-day surges of speculators like there is in past bull markets.

People are just not really buying into it, and that is why the 3-5 day rally cycle doesn't exist right now.

It's like a situation where the market just chops upward in "fear", lol...

Heading into daily support levels. Correction may have started. We will know by tomorrow.

This thread has like glitched or something and people cannot access the link...

*Confused*... Whatever, it was a distraction anyway. Great market these last few days... THIS is trading!!!

Das bears!

Bears make money, bulls make money, pigs get slaughtered.