News impact of Walmart raising its forecast. If you bought at the open and sold 15 minutes later you could have made an easy $1,000 on 500 shares.Here's why: Walmart is the biggest retailer is the and biggest component of the RTH. Positive news in WMT spread to other retailers like Ross Stores. Reaction was fast but tradeable. Exit quicily as people are still wary of retail in this environment.
Lesson to Remember: Know the companies that make up your ETF and be ready quickly trade off any news impacting the largest components in the ETF.
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