News Failure (guest: Jason Shapiro)
The Market Huddle
00:00
The Importance of Market Confirmation
"If the masses are going to lose money, then all I want to do is go the opposite side of the masses and make the money that they're going to lose," he says. "Even when everybody is one-sided, I'm still not going to take a trade just because of that." He uses news failure as an example: The lows in October came on a day when CPI was higher than expected.
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Transcript
