Lots of rules go out the door when we look at the 15th of January when both the US10Y and IWM went down. No correlation is ever 100% when it comes to trading, but it's interesting to see that rule that had been solid suddenly go sideways.
Things that are creating volatility: Tariff announcements and geopolitical moves.
What does this mean for a swing trader?
It's really tough to hold onto anything for more than overnight. A CEO might say something like quantum is not there yet, and kill a whole slew of portfolios by 20%.
Rules that I am following:
I'd really like to hold onto a stock, or an ETF, but when SPY can drop 3% in a day from a Fed announcement, it's better to be all cash during the weekends, and hold a bit overnight during the week.