Unfortunate -- for really short-term bulls -- Headline of the Day

This one (just released), plus the one we featured earlier this morning, was good for a 530-point plunge in the Dow (from last night's futures trading to this moment):

Dow falls 200 points to low of the day after Kudlow says there's no China trade plan in the works

Well, as I said earlier, the market is responding exactly as it should. And that (unless you're a short-term trader), in the grander scheme of things, is a really good thing! 

P.s. I gotta tell ya, if the market was Tesla, the SEC would be in hot pursuit of whoever's responsible for all the misinformation...