President Trump's meeting with Xi this weekend

[Cuddles]

There will be no out right trade agreement, but they will smooth out talks and spin it as positive to give the markets a boost. They will not keep markets in the red for 2018, this will push them green straight into the end of the year. As for shorlting...I'm going to add more positions once the market jumps another 4-5 % ... Nothing holding up this market but air.

It doesn't matter what comes out of this meeting. The whole media narrative on market reaction to this is inconsequential. Its noise.

The folks that can really control market direction with war-chests full of billions and billions of dollars and powerful powerful computers that know exactly which stocks to buy/sell at any exact moment to help move the index(s) for maximum efficiency know where they want it. Last week a bear trap of epic proportions was set across the board.

This week is going to be VERY green. Shorts are going to get clobbered. Tons of dry powder that has been patiently waiting on the sidelines is gonna be put to work.

This market WILL be lower in 2019 than where we are right now... but for the shorts that jumped in the last week or so.... that might as well be 1000 years from now.

Intuition again VZ? Yep, based on nothing at all except a lifetime of mesmerization for this game... and a hard won understanding of human nature and greed. Shorts got greedy the last few weeks. They are going to give it all back.
....Up we go.

-vz

The trick now is finding the top....how many days/week of this rally? 1? 2? End of year? I don't see much hope for 2019

 

[vanzandt]

The trick now is finding the top....how many days/week of this rally? 1? 2? End of year? I don't see much hope for 2019

I don't either. My gut says its going to be tough for most companies to issue/forecast significant yoy revenue guidance going forward. That'll be a problem.

 

[Overnight]

...Shorts got greedy the last few weeks. They are going to give it all back.
....Up we go.

-vz

Now that is interesting. Is it a foretelling?

I cannot recall any time you have ever signed any of your posts with your initials in italics.

And I'll trust your intuition on stocks way more than I will trust my chart indicators.

 

[John9999]

Well for those that don’t know Trump has canceled his press conference. This he says he’s out of respect for the Bush family. No press conference till after the funeral which could be on Wednesday. So we will have no actual announcement what goes on at his meeting with Xi

 

[John9999]

Yup. Trump is headed back to Washington with no news on outcome of meeting. Now he did say no press conference till after Bush funeral. But knowing Trump, if there was good news he would want immediate credit and would say something.

 

[Overnight]

Seriously? That Trump Mutha-fucka. So now we get to wait until Thursday for the next major market-moving item.

 

[Overnight]

Trump could be the kewpie doll in this vid. Wheee...

 

[John9999]

Well that’s what he says. But we know he can turn on a dime. Hell he may even send something out on Twitter.

But my instinct says no deal was reached. Is so he’d be yelling from the rooftop how great he is.

 

[Overnight]

I'm cuddling into Vanz's warm breasts at this point, he makes me feel safe. The fuck I know about the world. It is all drowning in absinthe now. And that is beyond any libation kids these days would know. The true wormwood stuff? Yikes.

 

[vanzandt]

I'm cuddling into Vanz's warm breasts at this point, he makes me feel safe. The fuck I know about the world. It is all drowning in absinthe now. And that is beyond any libation kids these days would know. The true wormwood stuff? Yikes.

I had to use Google translate on the Chinese newspapers. Figured they'd know.
But here ya go.
Up we go.


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US and China agree to suspend new trade tariffs

• 2 December 2018

US President Donald Trump and his Chinese counterpart Xi Jinping have agreed to halt new trade tariffs for 90 days to allow for talks, the US says.

The two men met in Buenos Aires after the G20 summit for their first talks since a trade war erupted this year.

China says they agreed not to impose any new trade tariffs after 1 January.

At the summit earlier on Saturday, the G20 leaders agreed a joint declaration that notes divisions over trade but does not criticise protectionism.

What was agreed?
Ahead of the G20, Mr Trump had told US media he expected to go ahead with plans to raise tariffs on $200bn (£157bn) of Chinese goods - first introduced in September - from 10% to 25%, starting in January.

The White House says this move is now suspended for 90 days but adds, "If at the end of this period of time, the parties are unable to reach an agreement, the 10 percent tariffs will be raised to 25 percent."

In return, the White House adds, China agreed to buy an unspecified but "very substantial" amount of agricultural, energy, industrial and other products.

Chinese state TV said earlier: "No additional tariffs will be imposed after January 1, and negotiations between the two sides will continue."

Both sides have imposed tariffs on billions of dollars' worth of goods. The US has hit $250bn of Chinese goods with tariffs since July, and China has retaliated by imposing duties on $110bn of US products.

Mr Trump had also said that if talks in Argentina were unsuccessful, he would carry out a threat to hit the remaining $267bn of annual Chinese exports to the US with tariffs of 10-25%.

US-China trade divisions meant an Asian economic summit earlier this month was unable to agree a formal leaders' statement for the first time in its history.
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j/k about the goog translate, that was the BBC