Wall Street: "Buy the Rumor, Sell the News"

Updated: Apr 2, 2020

What happened to the Wall Street Rally we saw earlier this week? Why did the Dow close down 915 points on this Friday after making big gains on Tuesday, Wednesday and Thursday? And why didn't passage of the two trillion dollar stimulus bill send stocks surging at the end of trading? It can all be explained with "Buy the Rumor, Sell the News." Mark Collinsworth of Vere Global explains in this interview with On Target's Larry Sparano:

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