Beyond all predictions of the experts and professionals, stock market indexes have rebounded to positive territory following the abysmal jobs report earlier this morning. What a turnaround!Trading on the Fundamentals
This is a perfect example of an instance in which market forces have done precisely the opposite of what would have been expected, defying all reason. This is why I don't trade on fundamentals-related news events. I like to be aware of the fundamentals, especially the timing of news events. However, I trade only on technical analysis. The charts don't lie or mislead! I use fundamentals news only to confirm what the charts are telling me.
