Traders lose money buying headlines because the best news usually marks the top, not the start of a rally — useful for anyone who keeps getting caught chasing announcements.

• Markets tend to peak when good news lands and bottom when the news is worst.
• The reason is simple: buyers who believed the story already bought before the headline printed.
• Once everyone who wanted in is already in, there is nobody left to push the price higher.
• Price only moves when someone buys or sells aggressively, so a "sell the news" drop is math, not manipulation.
• Beginners who blame rigged markets for this are usually the ones who bought the top.

Outlook: Expect the pattern to repeat at the next big anticipated announcement, with the move happening before the news rather than after.