As long as I have traded stocks I have read the news. Over time there are reports about industries, companies, tariffs, jobs and so on. Sometimes, and more often these days, these news reports can result in huge ups or downs of stock values.
Some recent examples are American Eagle and Google.
American Eagle ran a Sidney Sweeney Ad is it was everywhere and with many news articles citing backlash. Like I said – It was everywhere, good and bad, but everywhere. Stock recently had a huge bump.
Google doesn’t have to sell Chrome. Huge stock bump. 20% up in the last month – wow. Do people realize how much market value that is being that Google is now worth 2.7 Trillion.
This up and down is great for options trading. Or, really bad if you’re on the other side. Don’t be greedy – take profits sooner than later. It’s way more fun to say I could have made an extra $1000 staying in a little longer than to say If I had just sold when I was up I wouldn’t have lost money.