Bynd haaaaa A meatless plant based food company worth how many billions? Up over $125+ a share. Hilarious. Much hype....
It's one of those days where the markets will move up straight into the close Dow back above 26,000 everything back to normal again. Markets will probably be up 2-2.5% based on what I don't know. It's just the machines buying in.
I am thinking of flipping my longs to shorts but I am always too early. Reason is that I think CTAs have now gone max long so they won't be buying much longer.
Trump says the US has ‘indefinitely suspended’ planned tariffs against Mexico after reaching a Yep and just like that 5% tariffs have gone away.... And now strong measures are going in place to stop illegal migration!!! Yep. I'm sure. So now that everything is rainbows and sunny bright skies Mr Powell can step away from all this pathetic rate cut talk because even though the fed says they aren't there to save wallstreet we all know they are. Wonder what country the US will threaten next with tariffs to create tension..... Trump said the 5% tariffs he threatened to impose against Mexico have been suspended indefinitely. The president said Mexico, in return, has agreed to take “strong measures” to stop illegal migration from coming through the U.S. southern border. The tariffs were scheduled to go into effect on Monday. https://www.cnbc.com/2019/06/07/tru...ico-have-reached-a-deal-to-avoid-tariffs.html
I added some inverse ETFs before the close last Friday, will be down a bit Monday but will add more as early as tomorrow morning. This was just an oversold bounce.
If Trump winks once, he is going to say the deal is coming, and his business associates will buy buy buy. But if he winks twice, you better sell.