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Stock Market Today: October 7th - 11th, 2019

Discussion in 'Stock Market Today' started by bigbear0083, Oct 4, 2019.

  1. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Trump to meet with China tomorrow. I wasn’t optimistic at all on the trade deal but maybe they can get a mini deal done tomorrow, will see :p
     
  2. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Onepoint272 likes this.
  3. bigbear0083

    bigbear0083 Content Manager
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  4. Frankenstein

    Frankenstein Active Member

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    Too bad it didn't collapse to 2880 the other day. I missed out on the gap up today. Oh well. I am at my highest account level ever. I want to work with my plan. So, I'm out until the market creates a meaningful opportunity for me. Discipline is king.
     
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  5. Frankenstein

    Frankenstein Active Member

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    Oh, I am interested in entering if it hits SPX 2900 or non-higher
     
  6. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    U.S., China Said to Reach Partial Deal, Could Set Up Trade Truce

    As part of the deal, China would agree to some agricultural concessions and the U.S. would provide some tariff relief. The pact is tentative and subject to change as Trump prepares to sit down with China’s Vice Premier Liu He later Friday.

    https://www.bloomberg.com/news/arti...ould-set-up-trade-truce-k1melw60?srnd=premium

    Sounds more like a de-escalation to me rather than a deal, guess we will learn more details a little later today
     
  7. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  8. Onepoint272

    Onepoint272 Well-Known Member

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    ^Then gave it up. Buy the rumor, sell the news?
     
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  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yeah looks like it could be a little bit of selling the news here especially with weekend coming up :p
     
  10. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    That's what they already agreed to weeks ago. However, China has been dragging their feet on actually making the purchases while Trump keeps suspending the tariffs. I guess there wasn't an official agreement that Trump would suspend the tariffs; he just did it whenever the market needed to hear a deal would be soon. This is so far from anything that will be a real deal.
     
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  11. Onepoint272

    Onepoint272 Well-Known Member

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    ^ They could get Trump to a real deal real fast if they'd just agree to come clean about Hunter Biden. ;)
     
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  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    The Chinese Vice Premier said the negotiation went very well, at least this time the Chinese said talks were going well not just Trump :p
     
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