Buy on rumours, sell on news
$Futu Holdings Ltd (FUTU.US)$ This pump will continue until the announcement of fine details of what loose monetary policy really means. Then it will slide like shit hitting the fan again
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Kuku bird on fire ❤ :
Duskerdawn : You are probably right but not many can follow such trading regiment.
Since it's the fear/greed of losing out on additional good news is usually the stronger driving factor. So most will probably hold till after the news to decide.
These days markets react mostly on forward looking statements and predictions, chasing after the pot of gold at the end of rainbows
Dave Rave OP Kuku bird on fire ❤ : Is just a strategy