…on news of analysts’ downgrades, FDA rejections, and terrorist plots.
The financial markets are in disarray. There are just too many unknowns and risks at this time.
The news has been full of contradictions. So, the markets have been very jumpy, with many whipsaw reversals. I assume that the markets probably will continue their recent very choppy trend with a downward bias.
Lately I have noted that seeing and, more importantly, acting on the obvious market patterns can be profitable. Selling rallies on good news has been a winning strategy. That may be the main trend to emphasize at this time.