https://www.cnbc.com/2025/02/10/cnbc-daily-open-markets-arent-as-keen-on-trump-and-ai-as-before.html Any time Trump brings up tariffs, investors have been reacting badly (for good reason). His threat of reciprocal tariffs on Friday — that is, imposing on other countries the same degree of duties that they place on the U.S. — sent stocks tumbling. New tariffs on steel and aluminum, which Trump says he will announce on Monday, are likely to sink stocks further.
I went long X the other day.... Trumpy will let that one fly. Japan is the (our) Israel of the Pacific Rim. US Steel (X)---> $36.98
I suppose I shouldn't remain in a long position for very long. Probably should get out now so I don't get burned badly again like on Friday.
i would sell cash puts at 30 or lower, no intention to own any. there is no shareholder value created by x, no foreign demands for us products and higher costs.
BTFD. No strong view, but I'm long for the gap fill around 90. I guess everything goes with Powell speaking and could shake things up a it, but probably no new information? What do you see?