The Morning After the Downgrade

. August 8, 2011
  • Agregar a Technorati
  • Agregar a
  • Agregar a DiggIt!
  • Agregar a Yahoo!
  • Agregar a Google
  • Agregar a Meneame
  • Agregar a Furl
  • Agregar a Reddit
  • Agregar a Magnolia
  • Agregar a Blinklist
  • Agregar a Blogmarks

S&P downgraded U.S. debt this weekend. Where do you think stocks, Treasury bonds, and the dollar are trading this morning?

S&P 500: Down

Long-term Treasury bonds: Up

The dollar: Up


Short-term news usually doesn't move the markets in predictable ways. Most successful traders ignore the news and focus on strategies that have shown some evidence of working. The simplest one I know of is momentum.