Apple's stock is going to get cooked if the trade war between the US and China continues to escalate.
Big green candles inbound. Looks like the low is in.
What happens day 5For the 29 times that the Dow crashed 8%+ over a two day period before now, only 3 times had down days also on both of days 3 & 4. Today makes only the 4th time ever!
Worst case scenario: China responds forcing Trump to make another Truth Social post announcing new tariffs and market have another bad day.What happens day 5
What happens day 5
Apple's stock is going to get cooked if the trade war between the US and China continues to escalate.
This is getting ridiculous, China has as much control on our economy as we do if not more. Like a long auction for pain and the bid keeps rising.China slaps retaliatory tariffs of 84% on U.S. goods in response to Trump
PUBLISHED WED, APR 9 2025 7:09 AM EDT
China's Office of the Tariff Commission of the State Council said that tariffs on U.S. goods will rise to 84% from 34% starting on April 10, according to a translation of the announcement. This comes after the latest U.S. tariff hike — which brings levies on Chinese goods to more than 100% — took effect at the start of April 9.
It's like everything else in our world, professional wrestling.What even is going on with these stocks anymore, they're flying vertical practically.
yep. AAPL surgingApple will probably make a run at that EMA5 at least. Even if it’s a dead cat, market should follow. Pump View attachment 172469
Sold 1/3 of SPY into $500 from $486 and now I feel dumb...should have sold it all. If it breaks the $493 I will sell another 1/3 and leave the rest on.We have probably reached peak stupidity with this tariff stuff between China/US so maybe market starts shrugging off these headlines. I added a healthy amount of SPY at $486.30 in pre-market and I will probably let this work today unless SPY takes out Mondays lows.
I did add a chunk back in my 401k before close yesterday so just over 50% cash still in there. I went all cash in 401k when SPY broke $600 and added 20% back at $560 and now another chunk back at $496. I probably should have just added back more.... But will see, got lots of wiggle room.
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Bounced right above $493...that needed to hold. I did add few back at $493.30..tight stop just below 493. Europe exchanges close 11:30am so will see how things look after that.Sold 1/3 of SPY into $500 from $486 and now I feel dumb...should have sold it all. If it breaks the $493 I will sell another 1/3 and leave the rest on.
Sold the 493's I added at 500. I want to see an intraday breakout before I believe anything. Still holding 2/3 of what I bought at 486 pre-market.Bounced right above $493...that needed to hold. I did add few back at $493.30..tight stop just below 493. Europe exchanges close 11:30am so will see how things look after that.
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