Power Hour!!!!! I've been thinking to myself, I should probably buy some protective puts for whatever news is going to come out tonight about Tariffs or Trade War or Donnie's Amazon beef.
just a way to get them to the bargaining table...it's about time someone did...we've been taking up the rear way too long...time for them to at least give us a reach around...lol
Kudlow is relatively smart, sure he was wrong about the recession, but the guy knows his stuff, and he knows very well that Trump's plans are bad, but I suspect that he needs to go along with it and "earn" his place in the administration first before he can start dictating to Trump.
A lot of chip stocks underperforming today Understandable I guess since a lot of them have huge exposure to China
spx avg. daily move breaks over +/-1% for the first time in 2 years it's amazing to me that we were only at an avg. daily move of +/-0.22% just a few months ago and these +/-1% moves were completely nonexistent 2017 was definitely an unusual year ... 2018 is a little more like what we should be seeing in a "normal" market.
I'd actually like a collapse to that 2600 level before really testing that 2700 level--a good buying opportunity for those who are averaging in. I had mentioned before: 2550 to 2600 = a strong buy zone and 2600 to 2650 a not unattractive buy zone for many
Trump asks US trade representative to consider $100 billion in additional tariffs on Chinese products https://www.cnbc.com/2018/04/05/tru...n-additional-tariffs-on-chinese-products.html SPY now down 1.4% AH
