Trump is obviously gaming the market, so there's really no point in even looking at charts or indicators, lol. It's hard to take him seriously now.
The gap will fill, maybe as soon as tomorrow morning. Then we get another huge pump sometime within the next week when he repeals the China tariffs and sets then to 10% or something.
Just hold your favorite stock and wait it out. I bet he exempts AAPL, auto parts, and whatever else from the China tariffs. GM and even PDD went up today in anticipation.
I had a few GM puts, saw the jump, tried to climb on as fast as possible. I prioritized my retirement account ahead of my options play, but I made a little money, hopefully more the next few days, lol.
Expecting a melt up, then a jump when he caves in to China, no shorting anything for the next week until everything stabilizes. NVDA and TSLA still have other issues aside from tariffs, so those will be targets. Gotta let the short squeeze complete first, I have a 3 day rule. Wait 3 days, lol.
The gap will fill, maybe as soon as tomorrow morning. Then we get another huge pump sometime within the next week when he repeals the China tariffs and sets then to 10% or something.
Just hold your favorite stock and wait it out. I bet he exempts AAPL, auto parts, and whatever else from the China tariffs. GM and even PDD went up today in anticipation.
I had a few GM puts, saw the jump, tried to climb on as fast as possible. I prioritized my retirement account ahead of my options play, but I made a little money, hopefully more the next few days, lol.
Expecting a melt up, then a jump when he caves in to China, no shorting anything for the next week until everything stabilizes. NVDA and TSLA still have other issues aside from tariffs, so those will be targets. Gotta let the short squeeze complete first, I have a 3 day rule. Wait 3 days, lol.
Note
He's probably gonna cave into China as well by Monday. No short position until he repeals China tariffs.Note
Not that it matters, but RSI did hit overbought with MFI divergence. but he'll cave into China as soon as shelves go empty in stores.Note
Now I remember why I never short anything with my retirement account, lol. Been thinking about reverse ETFs for the past month, just imagine losing 10 to 20% of your retirement in a span of 2 hours. Geez.I'm putting my house up for sale at the end of the month, I better use the same discipline with that money. Probably gonna put it in a different account than my options account.
Note
If it's obvious to us that Trump is manipulating the market, it's obvious to Congress as well.time.com/7276234/trump-tariff-insider-trading-schiff/
Note
Also explains the premarket pump yesterday, the insiders thought he was gonna announce the 90 day pause along with 104% for China. Insane.Really explains why the big boys were trading against the news the whole week.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.