Maybe so, but I don’t believe a word they say. Yet I know plenty do.
Thankfully CDC opinions will never be in our system.
But yes, their recorded drop could be a temporary positive but what you’ll find is there will come a point where there may be good news and the market stop responding to it.
Just as, there comes a time when bad news quits sinking stocks and a bottom forms before the news ever turns positive.
At some point, all bad news is factored into stock prices and bottoms form. And at some point, the most optimistic news is factored into stock prices and tops form, even though good news is still coming.
News is always a very lagging indicator and why it won’t ever make our system. I know you know that. Just pointing that out for newer subscribers. Thanks for sharing it.