ES Journal - 2019/2020

[Overnight]

5% tariff on Mexico... when the markets open tomorrow, they gonna roll you into 4x8x8 hole in the ground.

No, they won't. Because that's a face cord of wood, and I know how to count logs.

 

[vanzandt]

Blah blah. Mexico is nothing. The real killer will be when China makes it official on the escalation, and Trump escalates it more. THAT'S what the markets are REALLY not gonna' like. As I mentioned in another thread about the "pricing in" thing...The markets have not yet fully realized that.

Give Trump some more time. I think there's still a few more countries left he can slap tariffs on.
What's Liechtenstein sell us?

 

[vanzandt]

Blah blah. Mexico is nothing. .

These are the biggest U.S. trade partners. "Nothing" comes in at #3.

China – $636 billion.
Canada – $582.4 billion.
Mexico – $557 billion.
Japan – $204.2 billion.
Germany – $171.2 billion.
South Korea – $119.4 billion.
United Kingdom – $109.4 billion.
France – $82.5 billion.

 

[Overnight]

Give Trump some more time. I think there's still a few more countries left he can slap tariffs on.
What's Liechtenstein sell us?

He could go full bore and slap in on Brussels, home of the FU (I mean EU), which would cover all of Western Europe. Das boot will surely sink.

 

[Overnight]

These are the biggest U.S. trade partners. "Nothing" comes in at #3.

China – $636 billion.
Canada – $582.4 billion.
Mexico – $557 billion.
Japan – $204.2 billion.
Germany – $171.2 billion.
South Korea – $119.4 billion.
United Kingdom – $109.4 billion.
France – $82.5 billion.

They are nothing.

 

[vanzandt]

They are nothing.

Well, you can bet your ass Wall Street is gonna send Trump a message tomorrow.
Hell that might be the plan anyway. Send the economy into a tailspin so Chairman Powell does 2 cuts this year and Trump looks like a hero when the markets soar in 2020 on the backs of cheap money and more share buybacks.
Maga!

 

[destriero]

No Bro. He’s attempting to f*ck up to such an extent that he can write his resignation deal wrt avoiding federal charges.

 

[vanzandt]

No Bro. He’s attempting to f*ck up to such an extent that he can write his resignation deal wrt avoiding federal charges.

Sitting Presidents Are Above The Law
https://elitetrader.com/et/threads/sitting-presidents-are-above-the-law.332323/#post-4855345

 

[destriero]

Sitting Presidents Are Above The Law
https://elitetrader.com/et/threads/sitting-presidents-are-above-the-law.332323/#post-4855345

So was Nixon.

He’s only running again to avoid time in federal prison. He needs an exit strategy knowing that state and federal charges are coming in Jan 2021.

 

[destriero]

mbondy has been busy building into long positions since the market failed to meet my expectations of moving lower by last weeks end.

Its good to see that i am still on the minds of the most prolific sim traders on this thread (ahem.. nqueerious..) and of course the multimillion dollar net loser, debbie the great!

See you at the top, ladies!