News do not listen to it. Many people and trader listen and watch MSNBC, Bloomberg News, CNBC, or Metro Tv all day long. The one who talking on the news know very little about market dynamics and market price action. Very few, if any, have ever even traded a one lot in a market trade. They claim as experts trader on stock market. if you listen to it or watch it do not receive that news 100 percent, you must compare it with politics condition, because many News in Television or paper controlled by Strong Politician to create market that politician likes!! WATCH IT!!!!!!
Before becoming a trading and markets expert, the guy on TV reporting hourly from the Bond Pit, was a phone clerk on the trading floor. Obviously this qualifies him to be an expert! He, and others, can provide no utility to you. Treat it for what it really is entertainment.
The fact is: The reporting that you hear on the business programs read old news. The story has already been dissected and consumed by the professional market participants long before the news has been shown to public. Do not trade off of the reporting. TRUST YOUR SELF YOU ARE THE BEST!!!
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