These 3 Stocks Just Spiked—Buy the Rally or Sell the News?
Arcadium Lithium plc(ALTM) MarketBeat·2024-10-09 11:31
Selling the news is a common trading strategy in which traders buy a stock in anticipation of expected news, then sell once the event occurs. It's a short-term strategy based on the psychology that the unknown is frequently better or worse than the known. Once traders have time to interpret the news, they find that it won't mean much for the long-term outlook for the stock. But sometimes news happens unexpectedly. In this case, traders may buy a stock after the news is announced. But in many cases, these st ...