Just some observations Trade deficit/imports is how the TV President came up with those tariff rates. They're bogus numbers.
This is a joke right???? 1/2 a point today??? What the fu*k is this garbage. No rate cuts coming. Dude is begging for a half point emergency rate cut. No emergency fools....
Not seeing any panic anywhere.... all gap... zero actual selling and everyone buying the dip to collect free money $$$
Sold off some shorts and sold 2 naked calls on UVIX. Shorted UVXY and went long 1 2k futures contract. Still short but playing for a short term bounce.
Can't rule out short squeeze happening at anytime. But the markets already bounced earlier this week, 1000 pt bounce in the NDX and 250 in the S&P. From Monday low to yesterday's high just after the close.
.yea that bounce came quickly as will the next one. This time though we have more clarity on this tarriff news which honestly is super super negative for all countries around the world. S&p earnings are going to drop like a fu*king rock!!