I'm not a news guy, but my observation thus far is that Trump's ego is too big to make any concession. It's either his way or the highway.
News is that they will suspend some tariff increases. Once again just as I mentioned a few days ago. Keep delaying the hikes. Every delay in tariff hikes is just a huge huge giganticcccccc WIN for China. China is going to win this trade war!!!!! Just as I said almost a full recovery from last night's fake news...you would think in 2019 they could get the news straight however who knows how many lies lie in between all these news headlines coming out about this trade war that will going on until trump is done being president. Inaccurate news!!!!!!! Exactly. The South China Morning Post reported Wednesday night that the high-level talks would only take place Thursday. Stock futures plunged overnight on the report. However, a White House spokesman later told CNBC’s Kayla Tausche the South China Morning Post’s report was inaccurate. Futures recovered slightly on this. A principal in the negotiations also told CNBC that the schedule around the U.S.-China trade talks had become “fluid,” with Friday’s session being an “open question.” Futures recovered a good chunk of their losses after Bloomberg News reported the U.S. was thinking about suspending a tariff increase in exchange for a currency pact. A New York Times report also said the Trump administration plans to allow the sale of some supplies to Huawei, which also helped investor sentiment. https://www.cnbc.com/2019/10/10/its...r-us-china-trade-news-heres-what-we-know.html
Wow and yet another tweet Unbelievable So now he meets friday...now what. What's the next tweet. I say let's keep the tweet tariff game going on for another few years. They will just tweet and release headlines every day on meeting and not meeting. Just one big clusterfu$k Dow jumps 100 points after Trump tweets he will meet with Chinese vice premier on Friday PUBLISHED WED, OCT 9
Haaaa Trump tweets that china wants to make a deal....haaaa No they dont. Watch what happens in 24 hours. There will be no deal!! This is just to keep the markets in rally mode. with Chinese vice premier on Friday: ‘Big day of negotiations with China’ PUBLISHED 7 MIN AGOUPDATED MOMENTS AGO Yun Li@YUNLI626 President Donald Trump said he’s meeting with Chinese Vice Premier Liu He on Friday, fueling optimism about a positive outcome from this week’s high-level trade talks. Donald J. Trump ✔@realDonaldTrump Big day of negotiations with China. They want to make a deal, but do I? I meet with the Vice Premier tomorrow at The White House. 7,673 9:49 AM - Oct 10, 2019 Twitter Ads info and privacy 4,506 people are talking about this
Added 2 etf shorts in the last 10 minutes Only 1/4 positions. Will add more on each 2% rally in markets. All this news is fluff. There isn't going to be any trade deal.
He bought SOXS this year several times between $75 and $120 and it's $37.39 now. Same logic buying short triple etfs on strength in the market, add to the position when it's losing.
Okay, he was wrong a bunch of times. But the market is rich right now. Surely at some point a correction is due. The trade war, yield curve inversion, ISM, and a whole bunch of reasons.