Today the CPI report was mostly spot on with expectations. So what did the market do? It went up, then down, then up, then down, and who knows what it will do next. Even if you could know the CPI report ahead of time I think it is unlikely that you would be able to really beat the market. As traders we must remember that even if you know the news – which you don’t – you don’t always know the reaction. Obviously, knowing all news early could help some – especially for surprise events like volpocalypse. If you fool yourself into thinking you know what the news will be, don’t fool yourself into thinking you know what the reaction will be.
Patience to Invest 