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S&P 500
5,352.96
(
-0.02%
)
US TECH 100
18,544.00
(
0.02%
)
Dow Jones
38,886.17
(
0.20%
)
Brent Oil
79.96
(
0.09%
)
Bitcoin
71,153.08
(
0.55%
)
Post# of 8163
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Hooka

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Hooka

Re: None

Wednesday, 09/02/2015 9:10:23 AM

Wednesday, September 02, 2015 9:10:23 AM

Post# of 8163
Market stock traders buy on the rumor, meaning that they treat forecasts prepared by economists and analysts as though the event had already happened precisely as predicted. In other words, they “build in” the forecast to the price, creating the very high on the price bar that the news is supposed to produce.

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