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To say this market is "sensitive" to Trump and trade headlines is an understatement. The Dow lurched 231 points lower in just 10 minutes last Friday on news that a Chinese trade delegation wouldn't be coming to meetings in Montana after all.
This past week, stocks were directly tethered, for better and worse, to news of the president's fortunes and the ups and downs of U.S.-China trade.
Trading in an extremely headline-sensitive market requires a special mindset, even if, as it happens, the news doesn't really matter in the long run.
Some of my subscribers got the chance to make more than 120% gains in a single trading day managing headline volatility. It's surprisingly easy to do – and, of course, it's fast…
About the Author
Nationally recognized technical trader. Background in engineering, system designs, and risk reduction. 26 years in the markets.
Tags: trading strategies