Trading Psychology 101

[price_and_volume]

NEWS is essentially useless.

Here's a LINK to a great article that shows multiple studies over the years indicate markets move DESPITE (often contrary to) THE NEWS.

Takeaway: You could have news in-advance, and would likely LOSE MONEY if you believe the market is going to respond 'rationally' to that news.

If you can't access the link for some reason let me know and I'll post the entire article here.

Worth a read, just as a reminder, and I'd be happy to discuss it further if anybody cares.