The S&P 500 will top soon at 2925-2930

[S2007S]

Haaaaaaa hahahha trump delaying tariffs by 2 weeks!!!

So this means that the meeting scheduled in October about trade talks with china should be happening between October 1st and October 15th!
And it also means that there should be a trade deal in that two week time period. This seems to be a big hint that says hey I'm going to do good by not raising tariffs if you simply come to terms with trade talks.

Anyways more talk and no action as usual

Oh and like I said China is still winning the trade war because if they weren't, trump tonight wouldn't have announcd the delay on tariffs.




POLITICS
Trump delays tariff hikes by two weeks in ‘good will’ gesture to China
PUBLISHED AN HOUR AGOUPDATED 1


KEY POINTS

• President Donald Trump on Wednesday tweeted that he will be delaying the increased tariffs on $250 billion in Chinese goods to Oct. 15 from Oct 1 as a “gesture of good will” to China.
• Trump said the postponement came “at the request of the Vice Premier of China, Liu He, and due to the fact that the People’s Republic of China will be celebrating their 70th Anniversary.”
• The tariffs were set to increase to 30% from 25% on the goods.

https://www.cnbc.com/2019/09/11/tru...-two-weeks-in-good-will-gesture-to-china.html

 

[S2007S]

All trump has to do is announce a delay in tariffs every other day and he could easily get the dow to 30000 by Halloween!!!

 

[bone]

Haaaaaaa hahahha trump delaying tariffs by 2 weeks!!!

So this means that the meeting scheduled in October about trade talks with china should be happening between October 1st and October 15th!
And it also means that there should be a trade deal in that two week time period. This seems to be a big hint that says hey I'm going to do good by not raising tariffs if you simply come to terms with trade talks.

Anyways more talk and no action as usual

Oh and like I said China is still winning the trade war because if they weren't, trump tonight wouldn't have announcd the delay on tariffs.




POLITICS
Trump delays tariff hikes by two weeks in ‘good will’ gesture to China
PUBLISHED AN HOUR AGOUPDATED 1


KEY POINTS

• President Donald Trump on Wednesday tweeted that he will be delaying the increased tariffs on $250 billion in Chinese goods to Oct. 15 from Oct 1 as a “gesture of good will” to China.
• Trump said the postponement came “at the request of the Vice Premier of China, Liu He, and due to the fact that the People’s Republic of China will be celebrating their 70th Anniversary.”
• The tariffs were set to increase to 30% from 25% on the goods.

Sure - China took 15 US products off of their tariff list yesterday . And he knows you’re way underwater on your S&P calls

 

[easymon1]

 

[tiddlywinks]

It would be the shits (in the bad sense) if these bears, S2, B1, Vole, etc fail to take any profits. So far, crickets... 150+ point gains are evaporating, and so many big point swing opportunities lost as well. Trading: Where being right can be wrong.

At 9:14pm EST, ES is approx 3020.

The ET bears are nowhere to be seen nor heard. No talk of taking any profits off when they were proven correct. The down move is near vaporized. So I guess they sit with small profit, IF THAT. Alas, another bus will show up.

3029.5 is the September contract high, made on 7/26/19.

 

[S2007S]

Hmmm. After last night's news I thought the trade war was certainly over. A quick meeting in October and trade war is finally over...


Trump’s ‘small concession’ doesn’t mean the trade war with China is ending, experts say
PUBLISHED 6 HOURS AGOUPDATED 3 HOURS AGO

Yen Nee Lee@YENNEE_LEE





KEY POINTS

• U.S. President Donald Trump said in a Twitter post on Wednesday that he will delay increasing tariffs on $250 billion of Chinese goods from Oct. 1 to Oct. 15 as “a gesture of good will.”
• His announcement followed an earlier move by Beijing to exempt 16 types of American products from additional tariffs.
• While such de-escalation in tensions between the two countries is welcomed, it’s still difficult to see both sides reaching any “real resolution” anytime soon, said James McCormack, Fitch’s global head of sovereign ratings.

https://www.cnbc.com/2019/09/12/trumps-china-tariffs-delay-doesnt-mean-trade-war-ending-experts.html

 

[S2007S]

Yep Europe trying and trying and trying and trying again to jump start their economy...nothing works and this will do nothing as well. Everyone thinks QE works. It doesn't. Keep pumping the markets with more QE and debt because that's the way to fix broken economies ..fools



European Central Bank cuts its deposit rate, launches new bond-buying program
PUBLISHED 12 MIN AGOUPDATED 6 MIN AGO
Elliot Smith@ELLIOTSMITHCNBC





KEY POINTS

• The central bank’s quantitative easing program will entail 20 billion euros per month of asset purchases for as long as it deems necessary.
• Markets had widely expected some form of stimulus package, though hawks within the European Central Bank (ECB) Governing Council had moved in recent weeks to dow

 

[S2007S]

Just unbelievable

You cannot believe anything anymore.

All a fu$king game






MARKETS
Senior White House official denies report US considering interim China trade deal
PUBLISHED 9 MIN AGOUPDATED MOMENTS AGO


A senior White House official said the U.S. is “absolutely not” considering an interim trade deal with China.

Bloomberg News reported earlier Thursday the Trump administration has discussed putting together a limited trade deal that would delay and remove some China tariffs, citing five people familiar with the matter. The news had driven stocks to session highs.




https://www.cnbc.com/2019/09/12/sen...-us-considering-interim-china-trade-deal.html

 

[bone]

i can’t ever remember a time when everyone in the press or on the trading desks was in harmony and content agreement about the state of the markets.

I don’t think that Soros or Buffett ever claimed to possess market clairvoyance.

Quite a bit of frustration being posted here.

 

[S2007S]

Almost that time again


To buy volatility, I'm holding off until fed meeting next week but any drop in the 11-12 range and I'm loading up on VXX under $20!!! Too much complacency once again. If the markets continue to rally 2-3-4'-5% + into the October trade war meeting and there just so happens to be a deal it will be a SELL on the news, markets are already factoring a trade war deal however if there isn't one look out below!!!!!