The next one could fire Monday.
Yesterday the S&P dropped 50 points on a fake tweet. A post on social media claimed Iran's lead negotiator had resigned and a missile had been fired. The market panicked. In minutes 50 points were gone. Then the news was debunked and the market recovered completely. Start to finish, maybe fifteen minutes. Some traders were holding positions they never planned for. Others were chasing headlines. A few had spent all week analyzing Iran developments and felt confident in their thesis. None of it mattered. The market does not care about your read. This is the market we are in right now. Whipsaws are not going anywhere. And next week there will be another one. Could be a rumor, could be a headline, could be another fake post that drops the market before you can verify it. You cannot research your way out of that. Speed and intelligence will not save