Does North Korea and Hurricane Irma news affect the markets?
Based on recent price action, the answer appears to be no.
Even though the media shows a lot of imagery – and the markets could be down at some point – lately it’s always bounced to higher levels shortly afterwards — in the matter of hours.
So far this has happened twice in the last week or so – and each time it was a buying opportunity.
Hurricane Irma is about to hit South Florida after tearing apart a bunch of caribbean islands.
Yet, volatility is near all-time lows with each spike of volatility just coming down — even as we are already in September — a historically volatile month with Congress back in session and with threats that the government could shut down due to Trump-related issues.
Yet, the market continues to march higher.
More Details: http://www.lifestyletrading101.com/2017/09/09/wkd-9917-markets-up-on-north-korea-2464-es/