ES Journal - 2025/2026

Gap down tonight to start things off.

BTW earlier today was yet another NR low vol trading day.

 

AAPL, NVDA and TSLA all traded like crap yesterday and today for the supposed good news they had. Bloomberg said Trump is pleading with China for a deal.

 

nvda is cooking the books and now it is due. charges off 5.5b. well, you don’t charge off unless it is bad debt or assets, which meant they booked 5.5b from a/r to asset side of the balance sheet last few quarters without delivery a thing.

 

Does this mean tariffs are not having the impact White House thought?




“
The White House pressed for fast negotiations with its shock and awe tariffs. Now it can’t drum up enough interest from a ‘first mover’
Eleanor Pringle
Tue, April 15, 2025 at 3:51 AM PDT@




https://www.yahoo.com/news/white-house-pressed-fast-negotiations-105125985.html

 

Act now, operators are standing by ready to take your .... trade deal proposal.

First 100 callers get a pair of grooooovy gold sneak sneaks.

 

Who knows, China will launch a powerful
Unilateral Tariff war against the US too.

Then President Xi will wait for President Trump to call.


Both Presidents are the most powerful.
So they will wait and wait, and see who blink first.

 

Back down we go.

This long-only market is tricky.

 

I typically like the downmoves overnight in order to drive it up during rth.

 

Did you see that beautiful IHS on the half second chart today?

 

But that's more typical of an uptrending market.

The rubberband effect.