SPX finished in slight red, got it right in the daily poll contest although I didn't think it would be such a close call
Trump schedules 3:30pm ET meeting, to 'protect' steel and aluminum industries https://www.cnbc.com/2018/03/08/tru...to-protect-steel-and-aluminum-industries.html
man, the market is just back and forth today. day traders are having a blast. labu has been all over the place, easy money trading that today.
BREAKING: Trump tariffs on steel, aluminum to take effect in 15 days; Mexico and Canada exempted indefinitely; all countries invited to negotiate exclusions - Associated Press https://mobile.twitter.com/CNBCnow/status/971837720577363969 Seems like market thinks it is not as bad as feared, at least for now
@stock1234 not exempted indefinitely "While there is not currently a timetable, the exemptions for Canada and Mexico "are not open-ended" and will depend on whether changes are made to NAFTA that satisfy Trump, the official added. The proclamations also can be amended in other ways "to preserve our national security.""
SPX up just around 2 points right now. Steel producer stocks are down today, guess it is a sell the news event for them
BREAKING: #Trump has agreed to meet with Kim Jong Un by May, South Korean official says at @WhiteHouse https://mobile.twitter.com/FoxNews/status/971907636919750656 Not much reaction for the futures as of now
Yeah pretty amazing when the SPX is still about 100 points away from its ATH, tech stocks have really outperformed
Jobs report was perfect for thfor market I guess We had strong headline number while wage growth was weaker than expected, the odds for the FED needs to be more agreesive on hiking rates are lower now
^^ i wonder if we might be back to our good 'ole BTFD market again after today i really thought we might retest the feb. lows but looks like that may not happen ... we'll have to see ... meanwhile small caps looking like they want to push for new ATHs next. only about another 1% away while the others still are a couple % away.
