Data is King, Death be to News

The market has been extremely volatile in both directions these past couple months and especially this month of April. The news has been all over pulling both directions like a squirrel on 5 cans of Red Bull. We know that Trump's decisions and his admins control most of the market movement at the moment but trading every sentence they say is not wise. They have proven themselves to be untrustworthy and controlled by bond yields and extreme fear situations. Not only that but markets still follow mathematical logic and trends regardless of news. Currently today the SPY hit a top of 445.40 slightly above the bear market top trend. This was an easy short or sell position but people instead believed the sweet lies of the admin. The Trump Admin wants to lower bond yields and have stated and shown their main concern isn't the stock market. There is a multitude of data out there that is leaning toward a bearish scenario not a bullish one as well. Historically situations like these almost always turn into official bear markets and at minimum hit a double bottom which would be 480. Downturns as this have never been shorter than 3 months and only covid was 3 months because of stimulus, the average bear market is 8-11 months. I fully expect us to hit or drop lower than 480 unless all tariffs are fully resolved and bond yields come down a lot or Trump gives up. When the news is bullish but the data is bearish, short. When the news is bearish and the data is bullish, long. Stick to data, facts and history not news, politics, and pipe dreams and certainly not watching morons like Tom Lee and Jim Cramer. Be smart not foolish, "this time is different" is never the case.