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| Interest Rate Changes Are Averted And The Market Is Buzzing… With Set Ups Although the FED has been expected to lower rates for some time Wall Street was glad to hear they are simply not going up. With data showing the economy is still struggling, holding steady seems the best choice between a rock and a hard place. The market immediate showed its approval but this type of knee jerk reaction is something you really need to watch. While it may avert short term issues, the bigger problems still exist. And after traders realize their bullish response may be premature, the broader downtrend will likely take hold. This is an extremely ripe trading opportunity. Market Whipsaws Created By Headlines Are Potential Winning Lottery Tickets This reflex optimism and buying frenzy will almost certainly push some stocks into an overbought position. With the long-term trend still heading down, that means many will correct to where they should be. This is classic headline herd mentality and sets up lucrative patterns that can be easily spotted with the right info. Ian Cooper just sent a link to a video where he shares the ones that have worked fabulously for him. If you missed it you can still access it here.
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