I’d argue the market makers were ignoring Trump’s numerous words. They figured wrong that he wouldn’t go so heavy. But based on his past MO I’m not surprised in the least. Sadly for me I can’t short in my IRA, all I could do is stock up on dry powder. I just looked up the SPXU and it popped about 15% since late Wednesday, you most have put a ton in a 15% return isn’t crazy really.
Remember when a certain group of politicians made a bunch of money when Orange Jesus announced Kodak would be repurposed into making vaccines (which by the way in a million years never would happen). Their share price jumped from under $4 to $50 in a few days...never happened and down she went but certain congressional individuals apparently did very well. Of course no one wanted to look into it too deeply after it happened but it was egregious. So now do I think people who cant keep quiet about attack plans or top secret conversations off signal would be able to keep less delicate information quiet so there would be no illusion of profiteering off of their connections in this administration....lol...These guys are running this right in front of your face and they dont even care if you catch them anymore. These are the clowns and this is your circus.
I don't have an IRA...mine are 403b & something else, so I could be wrong, but you may want to contact your investment house & ask about trading.......having said that I am not a big proponent of trading or encouraging it. I found this. https://www.bankrate.com/retirement...xt=But there may be some,if you sell the fund.
This. They're criminals who are led by a literal criminal. What, we thought that after the criminal got away with trying to overturn an election he'd suddenly respect the law?
Anyone remember the expression Garbage in, Garbage out? Probably the biggest flaw about AI. Use garbage to train AI and the result is garbage out. If the Trump administration did use ChatGPT that's the explanation for the disastrous results. “Garbage In, Garbage Out”: the New Mantra for AI Implementation The adage “Garbage In, Garbage Out” (GIGO) holds a pivotal truth throughout all of computer science, but especially for data analytics and artificial intelligence. This principle underscores the fundamental idea that the quality of the output is linked to the quality of the input. As organizations increasingly rely on complex algorithms and machine learning models to guide their strategies and operational decisions, the importance of maintaining high data quality has never been more critical.
Although the result was completely foreseeable the reason I didn't short the market (probably by shorting index fund ETFs) or buy puts was that I wasn't completely sure as to whether Trump would actually go full on Smoot Hawley like he did yesterday or whether it was a negotiating ploy and he would pull back at the last minute with lower and more targeted tariffs or whether he would have deferred implementation again. If one shorts the market and is incorrect the losses could be considerable.
Put simply, tariffs cause prices to rise for specific goods and industries. Call that whatever you want. I personally only like tariffs as a tool to apply pressure when appropriate, but you need specific demands. It's generally not good long-term policy. It protects certain domestic labor, but I think cheaper goods and services is better for the public at large than protecting domestic labor that is otherwise cheaper abroad. The solution to losing manufacturing labor isn't tariffs, it's changing the American labor market to ensure everyone is gainfully employed in different places. That said, I do think there are certain industries that need to be protected domestically. Food, energy, and defense are good examples for obvious worst-case scenario reasons.
It's not a problem if you can basically control the market. He was causing huge swings in both directions over the last month putting in then backing tariffs. Basically moving markets on a whim.
Our president will sign an executive order to PREVENT retaliatory tariffs by other countries. Problem solved!
No. Because there is a cost to shorting, and these policies sometimes only last weeks or the market doesn’t even believe them. As soon as tariffs are lifted stocks rip 2000+ pts higher. But nobody knows the timing of when that happens except the crooks in this administration. I’d argue the market is *still* optimistic this policy will be short lived, otherwise markets would have to crash much much harder to capture the corporate earnings collapse that would follow through in the coming quarters. Retailers in particular will start seeing accelerated bankruptcies, but that doesn’t happen overnight. They currently have inventories with no tariffs in their COGS, it will take months for that to cycle through and for them to start seeing margin collapse once their inventory goods costs start including tariffs. It would be a downward spiral from there as job losses increase and consumers start losing buying power.
At least while markets are crashing Trump is on the case. Oh what's that he flew to Florida to host a golf tournament?
Imagine if Republicans had their way years ago and all retirements were privatized like 401ks. I still have another 15 years but retirees and soon to be retired would be completely eff’d over right now.
China hits us right back with 34% tariffs, so does that mean the US is going to write huge checks to China to pay for their tariffs? Any Trumpers want to see if you can answer that?
