(AXIOS) Be smart: Two pivotal, ongoing court cases could restrict Trump's ability to use emergency powers to issue tariffs, which could make country-specific tariffs less sticky, while making sector-specific tariffs a bigger concern. Treyz expects a decision on these cases in the next one or two weeks, and anticipates a market selloff off the back of the result. The bottom line: The confusion and subsequent revisions point to the fact that on tariffs "this is not one and done," Treyz says. Expect to be chasing clarity on tariff policy for a while longer.
Tommorrows the 1st econ# that could be rigged . There’s zero integrity in any Econ # going forward. Let’s see if the mkt reacts negatively to fixed #’s
Well, in my opinion they've probably rigged that number for a long while already, but if Trump has any say (does he?) it's probably super rigged today. I can see this swing both ways for sure. If it comes out as expected or cooler - 100 point instant rally. If it comes out hot - 100 point instant drop. I think it's been a while since this number have been as important as it is today.
I don't think that number was rigged any more than I believe in say chemtrails because the amount of different people with different agendas that would have had to agree to rig it (or hide the chemtrails truth) would be humongous. But now? It's a one man show, so it will be whatever T says... ... unless there's still a steady stream of public workers willing to lose their jobs. I'm betting on honest people defying the odds and doing what is right. And probably a number near expectations (but watch out for summer liquidity).
Like I said . The days of econ#'s that shock to the bad side over with . The key is watching when the mkt stops believing cooked #'s and reacts badly . Then you pile in short . Till then play long day trades which has been the Mo for months
BOOM!! For some reason that felt like the most obvious long in history. I came back from work, saw we had a number coming out..I thought, 'well, as always, we either RIP up, or we drop down and put in a killer 'V'. Get long!!' Then I just starred at the screen like a moron, didn't place a trade, and watched it zoom without me lol Anyway, put my 7k hat back on. Will begin a whole new cycle of my BTFD method again soon with a new 'batch' of longs soon, just like i was doing for the last few months. Expecting fun times ahead again with easy points buying dips and breakouts. We'll see
That. And same with China, which is said by many conspirators that their figs are rigged. Yet the numbers similarly keep going lower and lower.