14/11/18

Trader Warns "We're Now In A 'Deer In Headlights' Environment"



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Trader Warns "We're Now In A 'Deer In Headlights' Environment"
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Authored by former fund manager and FX trader Richard Breslow, via Bloomberg,

Traders have been seeing cans all over the place just waiting to be kicked.

And yesterday, early positioning seemed to reflect an optimism born from a don't fight city-hall mentality. No one wanted to get caught yet again leaning left when some headline would send everything to the right. Ignore the news and trade the spin. The market was making up its own forward guidance.

In pre-market trading, tech stocks such as Micron Technology and Apple are ticking along at ....

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