Business-Insider

I get a lot of emails from other traders asking why the market went the opposite way they would expect from the news that day. Today is a perfect example. It could be expected that prices would decline in stocks and that the USD would get squeezed to the upside with all the bad news today. However, we are seeing exactly the opposite. I think this confusion stems from two misconceptions.

1. News is not fundamentals - The news and reports are not fundamentals. They report on the fundamentals (sometimes) but are usually one or two steps removed from the actual forces that move the market.

2. Economic releases are not current. Most economic releases are months or weeks old. They reflect what was going on in the market not what is going on in the market. In today's video I will talk about what that means and how you can tell the difference.

To see the video, click here: http://www.pfxglobal.com/index.php?o...182&Itemid=117
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