This is the worst decline in GDP we’ve seen since 2008…
We all know things are bad right now...like REAL bad!
Everyday there’s a new terrible headline.
And though I believe staying informed is important, I think it’s also important to take it in small doses right now.
It’s sort of like trading in that, at the end of the day, I can’t control what the market will do...I have to go with what the market is giving me at that time.
Let me tell you from experience...when you fight the markets, the markets will always win. It’s like I have printed on my mug “Trade What You SEE, Not What you THINK.”
Because probably much like you, on multiple occasions, my response has been “OMG!” to a new report or headline...yet, as of this morning the Nasdaq (NDX) is less than 10% from its all time highs:
After the bell TSLA and FB report Earnings. Lets see how the markets respond tomorrow.