"Disaster Trades" Are Always a Terrible Idea

Posted On Aug 28, 2017 By Greg Guenthner

Even during a crisis, Wall Street only has one thing on its mind… What does it mean for the markets? But here’s the truth the financial noise machine doesn’t want you to know: There’s no strategy to successfully gauge how a news event or story will play out in the markets. You can’t trade news events. Well, you can. But only if you enjoy losing money. Greg Guenthner reports…