Trump Announces 10% Tariffs on 300 Billion!

[S2007S]

so, using May as reference, and considering the current sentiment - looking for 3-5% correction.. but still, BTFD.

I did. Bought a little SOXL under $160 and bought a huge amount of GUSH!!!

 

[tango29]

I love his tweets! So far they have been money in the bank, although at least once it involved taking a hit into a reverse on a tweet.

 

[DaveV]

Let's see how the China tariffs have worked out so far.
US imports from China down 8%. China imports from the US down 31%. Net result, China trade surplus with the US _increased_ 3%.
So much for "Trade wars are easy to win"

https://www.nbcnews.com/business/economy/china-s-imports-u-s-plunge-31-percent-june-amid-n1029151

 

[zdreg]

Yen is collapsing! Japanese are fleeing the US Markets hand over fist... 107.60, just off one tweet... As a trader I live for this, but this is insane... SEC needs to regulate the one way direction of Algo's and MM's

If they are fleeing US markets why isn't the yen going up in value.

 

[dozu888]

Let's see how the China tariffs have worked out so far.
US imports from China down 8%. China imports from the US down 31%. Net result, China trade surplus with the US _increased_ 3%.
So much for "Trade wars are easy to win"

https://www.nbcnews.com/business/economy/china-s-imports-u-s-plunge-31-percent-june-amid-n1029151

already got Canada Mexico Japan Korea to fall in line.. Can't solve everything instantly.. and 1 month of data means nothing.

 

[Nine_Ender]

Volatility is wild as fuck... There's a battle between sellers and the whale

PPT is losing steam, I have never seen any selling outpower the PPT

PPT as you seem to define it is a myth. There is absolutely no government buying influencing stock markets this year. Yet you live and die for this nonsense on a daily basis.

 

[MKTrader]

So S&P closed down less than 1%. Yes, oil got hammered...all that means to me is hopefully lower gas prices if it stays low. Bonds and gold up, which helped hedge some of my long-term holdings. Chicken Little can go back to his coop...

 

[Overnight]

Today’s tariffs have NOTHING to do with Powell and interest rates - the Chinese are dragging their feet in the reopened trade negotiations.

https://www.bloomberg.com/news/arti...theories-about-timing-of-trump-s-tariff-tweet

The timing is beyond serendipitous.

 

[MKTrader]

PPT as you seem to define it is a myth. There is absolutely no government buying influencing stock markets this year. Yet you live and die for this nonsense on a daily basis.

Even if PPT exists, no one knows when they buy, how much they buy, etc. And in the long term, the market will do what it's going to do despite manipulation. So there's zero point speculating if PPT bought or not on a particular day. It's pretty much the same of all conspiracies. Even if a few are true, it's all behind the scenes and there's no value trying to guess about them.

 

[Nine_Ender]

already got Canada Mexico Japan Korea to fall in line.. Can't solve everything instantly.. and 1 month of data means nothing.

I fail to see how you got Canada to "fall in line"; we clearly said get rid of the tariffs or no trade deal and magically Trump dropped the tariffs. The US business community was very clear not signing a trade deal with Canada would have been a disaster for many of them.

I suppose if some of you want to believe in fantasies it hardly matters if the trade opens up.