Dang...I trimmed too soon....SPY at $528. But I sold another bunch and sitting at 40%. But dang this made my year.Trump caved...SPY just ripped 5% in 3 mins...I sold 1/3 of what I had on...unreal move.
SPY $515 and bought at 486 today
View attachment 172479View attachment 172480
You’d get a lot more support for the tariffs and the media wouldn’t be screeching here if it was just a mix of targeted tariffs and being tough on China (but not essentially trade embargo tough). But if that’s the intended message, it doesn’t get through when everybody is getting targeted.
Is it good for us? For all those amazing this is a negotiating tactic.......Trump just showed a very weak hand.China is left holding the tariff bag now. Not good for them.
Its very possible this is a lucky break for Trump. The Tariffs were a bad idea but even if by accident China is now out on a very rotten limbIs it good for us? For all those amazing this is a negotiating tactic.......Trump just showed a very weak hand.
Yeah, but that does he want from China? I don’t know what the endgame is. He wants them to call and beg is my guess and we go back to way things were and he claims a hollow victory.Its very possible this is a lucky break for Trump. The Tariffs were a bad idea but even if by accident China is now out on a very rotten limb
Maybe he wants the collapse of the Chinese economy and increased trade with China's neighbors like Viet Nam and India.Yeah, but that does he want from China? I don’t know what the endgame is. He wants them to call and beg is my guess and we go back to way things were and he claims a hollow victory.
I think the bond market force their hand cause with the way it was going down too that meant people didn't have faith in US treasuries anymore. That's some long term mindset damage right there that's not going to be good for us as long as he's in office.Is it good for us? For all those amazing this is a negotiating tactic.......Trump just showed a very weak hand.
It might be like last time where they made him a promise to buy x amount of stuff and they actually never did.Yeah, but that does he want from China? I don’t know what the endgame is. He wants them to call and beg is my guess and we go back to way things were and he claims a hollow victory.
This is why people shouldn’t sell in a panic (not that there isn’t market manipulation going on).Just hit me....I imagine their are tens of thousands of people that went to cash this week in retirement accounts and now are looking at the Qs/SPY up 10% and now will have to put there money back in the market missing out on that huge bounce. This is so messed up....beyond criminal.
Qs is just under 3% from where it closed on that Wednesday of Trump's tariff announcement.
View attachment 172482
I considered it but knew this was one tweet away from reversing. I also won’t need it for 25 years.Just hit me....I imagine their are tens of thousands of people that went to cash this week in retirement accounts and now are looking at the Qs/SPY up 10% and now will have to put there money back in the market missing out on that huge bounce. This is so messed up....beyond criminal.
Qs is just under 3% from where it closed on that Wednesday of Trump's tariff announcement.
View attachment 172482
Just hit me....I imagine their are tens of thousands of people that went to cash this week in retirement accounts and now are looking at the Qs/SPY up 10% and now will have to put there money back in the market missing out on that huge bounce. This is so messed up....beyond criminal.
Qs is just under 3% from where it closed on that Wednesday of Trump's tariff announcement.
View attachment 172482
Yeah...the time to sell was when SPY hit $600, which I did. I added back 20% at $560 and 30% yesterday (thank god) at SPY close of $496. I am still 50% cash in 401k and 4% in my IRA. I was down 8-9% I think at lows and now I am up 2% on the year.I considered it but knew this was one tweet away from reversing. I also won’t need it for 25 years.
This was totally ridiculous...you had our president of the united states manipulating our stock market and economy like it was a parlor trick. Trillions were lost and I imagine many of the middle class got wrecked and imagine their were people that knew what was going to happen before it happened today. And once buying started today it was non-stop, shorts got no reprieve.I'm no stock guy and never will be, but this just sounds ridiculous to me.
It depends on what one man decides to say, but you knew that.
But regarding the stats, here are the 3 cases with 8%+ Dow drops first two days combined followed by further drops days 3 and 4:
-9/18-22/1931 Fri-Tue; Wed was +6.0%
-7/19-22/1933 Wed-Sat; Mon was +6.6%
-10/6-9/2008 Mon-Thu; Fri was -1.5%
The positive cases for each of days 3 and 4, which have been in an ~2/3 majority, have not been coming through although today early on looked promising obviously before Trump said China would have 104% total tariffs. So, day 5 also had 2 of 3 closing in the green with the two greens having very strong days. But the tiny sample size of 3 means credibility is nil. And again it depends on Trump’s words, regardless.
And for 10/6-9 2008 the day 5 that Monday the SPY ripped 15% and then tested the 10/6 lows a couple of days later.Followup:
Here are the 4 cases with 8%+ Dow drops first two days combined followed by further drops days 3 and 4:
-9/18-22/1931 Fri-Tue; Wed was +6.0%
-7/19-22/1933 Wed-Sat; Mon was +6.6%
-10/6-9/2008 Mon-Thu; Fri was -1.5%
-10/3-8/2025 Th-Tue; Wed was +7.9%
@broken025
@KyloG
Yeah, one thing you’ll notice about these days with massive gains is that they almost never happen in “healthy” market situations. It’s a list of dates that correspond with the Great Recession, the Covid Crash, the Tech Bubble popping, Black Monday, the Great Depression, etc…-Dow +7.9% 19th largest gain ever and largest since 3/13/2020
-S&P +9.5% 9th largest gain ever and largest since 10/28/2008
-Nasdaq +12.2% 2nd largest gain ever and largest since 1/3/2001! (keep in mind Nasdaq goes back only to 1971)
-Regardless of today’s huge rise, I’ll remain wary about a possible resumption of big drops at least until overall volatility falls to near normal and the overall tariffs situation is clearer. If so, those could be further careful buying opportunities.
Trillions in the toilet...and "investors got yippy." Of all the bs things to say, as you flush.Just hit me....I imagine their are tens of thousands of people that went to cash this week in retirement accounts and now are looking at the Qs/SPY up 10% and now will have to put there money back in the market missing out on that huge bounce. This is so messed up....beyond criminal.
Qs is just under 3% from where it closed on that Wednesday of Trump's tariff announcement.
View attachment 172482
Followup regarding day 5:
Here are the 4 cases with 8%+ Dow drops first two days combined followed by further drops days 3 and 4:
-9/18-22/1931 Fri-Tue; Wed (day 5) was +6.0%
-7/19-22/1933 Wed-Sat; Mon (day 5) was +6.6%
-10/6-9/2008 Mon-Thu; Fri (day 5) was -1.5%
-10/3-8/2025 Th-Tue; Wed (day 5) was +7.9%
@broken025
@KyloG
Sometimes patience is the name of the gameI don't think anyone denies if they remain for extended time there could be long term pain but seems to be a freak out about speculative scenarios. Maybe let it play out and see what happens. We should've never allowed other countries take our work force, our factories, our technology and kick our butt's for so long. The path we were on wasn't sustainable so time to put us first and attempt to bring it back