Thoughts on short term market direction
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I tend to agree.
I firmly agree that much of what trump (& the billionaire sidekick, Musk) are doing is for their good, not the people of America 🫣
Enabling government departments to feel stressed and also to pour money into Musk & other techbro companies pockets
Which comes back to the short term 🧐
Trump is an agent of chases, & likes nothing more than his name on the covers around the globe
He has succeeded this week, very clearly
But when things continue to dive, he will barter & even do several u-turns, naturally without ever admitting as much - it will always be the bigliest deal he has personally done….
I suspect the short term will be more turmoil in coming weeks, followed by some bouncing back in months
But nobody knows
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I’ve seen a report ..although on X ..re Vietnam wanting to negotiate on the tariffs and that Japan have requested to do the same …maybe bollox but poss the start of some u turns etc
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Is trump the bully who has backed himself into a corner?
I cannot for the life of me see China & JinPing backing down in any way.Will the Republicans step in any time soon to stop his self-formed bloodbath?
Interesting article on how he is screwing up Apple - viewable at https://archive.is/X5dnw
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Yes. A rather large tech pop today. showing 10% RTQ at the mo
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@Ronski said in Thoughts on short term market direction:
This makes a pleasant change, I wonder how long it will last.
And that has to be the biggest question.
It does further my suspicion that Trump does big things for a big reaction and those big reactions are both up as well as down. In the long(ish) term this will be a weird blip. I feel the need to stay invested.
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You can bet that Trump and his buddies bought this morning
It did give me an opportunity to explain to my daughter why she shouldn't panic sell, as has been explained here before, you invariably sell after that drop, and by the time you've decided to buy you've missed the best rises, locking in a loss.
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You can bet that Trump and his buddies bought this morning
It did give me an opportunity to explain to my daughter why she shouldn't panic sell, as has been explained here before, you invariably sell after that drop, and by the time you've decided to buy you've missed the best rises, locking in a loss.
@Ronski If only there were folk left at the SEC, they might get investigated
Trump’s actions are clearly manipulating the market in ways only he and people behind him will know.
Odds on that some very wealthy people have become much wealthier over TariffGate…all we mere mortals can do is hold on. -
That is why you 'buy a good business and sit on your ass' (Charlie Munger)
POTUS is mercurial to the extreme. As has been said, don't let the Trump-tail wag the investment Dog.
Love him or loathe him we are stuck with him and good companies will always shine through.
Volatility will prevail but we will get through it in time.
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Breaking news: Donald Trump is going to "make America's showers great again" by easing rules restricting water flow, the White House says.
The US president is ordering the energy secretary to rescind a change introduced by Barack Obama that restricted multi-nozzle showers from discharging over 2.5 gallons of water per minute overall.
This served "a radical green agenda that made life worse for Americans", the White House said, as Trump criticised the "ridiculous" amount of time he says it takes to wet his hair in the shower.I would have guessed he was a bath kinda guy.
Laser focussed on the issues of the day -
Saw that earlier….such a relief….
Let’s hope he moves onto the less important stuff like the Ukrainian war and sorting out the trade wars -
HI Oli,
The last 3 days was a big reversal(gain) followed by a Dip, followed by a modest gain(yesterday).
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What direction might we expect on Monday given Trump's reversal of China tariffs for (some) tech products?
The obvious answer would be gains for tech stocks but I know it's not that simple...
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You’d expect the likes of Apple to get a good tick up …but like Monty Pythons Spanish Inquisition…expect the unexpected
