China deal is toast says Navarro

Whoaaaaaaaa....this is significant news.

Just as the dow and s$p were going to new highs and nasdaq was going to 11000

No worries fed to the rescue as usual



Dow Jones 30
25,622.5
DERIVED
21:37:22 | Futures
-330.5 -1.27%

S&P 500
3,074.12
DERIVED
21:37:22 | Futures
-36.63 -1.18%

Nasdaq
10,006.62
DERIVED
21:37:22 | Futures
-118.13 -1.17%

SmallCap 2000
1,408.50
DERIVED
21:37:24 | Futures
-24.70
 
Watch this turn on a dime when they announce that the trade deal is back on. You'll see the markets reverse and trade up 3%. Market over reacting. Huge buying opportunity the world has ever seen.




MARKETS
Dow futures down nearly 400 points after Peter Navarro says China trade deal is ‘over’
PUBLISHED MON, JUN 22 20206:06 PM EDTUPDATED MOMENTS AGO



Stock futures turned negative after White House trade advisor Peter Navarro told Fox News in a Monday interview that the trade deal with China was “over.”

Dow futures dropped 285 points, implying an opening drop of more than 200 points at the open on Tuesday. The S&P 500 and Nasdaq-100 were also set to open lower.



https://www.cnbc.com/2020/06/22/stock-market-futures-open-to-close-news.html
 
Till Trump says it’s over there ain’t crap over . He was bragging about nasdaq 10 k the other night . Seriously why would the mkt give 2 shits about China deal when we have 1000 people a day dieing and 30 mil unemployed ?
 
OptionsOptionsOptions said:
Sell the news
More...


No no buy the news. How accurate is this headline...they will probably say the deal is back on and everything will skyrocket. I mean we cannot have apple drop below 350 and amazon drop below 2600. We need these stocks to keep moving up 4-5% a week to keep this 33 year bull market in tact.
 
Just trying to figure out which of the China deals is toast, and how many times it was already toast, not toast, and whatever else it was.
 
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