20 Aug A great day for the day traders trading China A50 (due to loan rate economic data release) and as usual DAX. There were very few fake signals/movements. ES continues to sleep. No problem. Go and sleep as long as you want. We will trade other things.
Intel down 6-7% after they've realized that Trump doesn't want to buy 10% - he wants Intel to give him 10% on account of the subsidies that Biden's Chips Act provided for Intel (and that they're yet to receive*). *If I understand correctly. So the moral of the story is: kiss T's ass, invest in the US and still get fucked Now waiting for Apple, Meta, Google, Tesla... to make their "offers". This is still a bull market, but Trump is cruising for ES 5000, part 2.
Whatever they do, I hope they don't turn those machines back on. I'm like this "crash" thing. And it happened in a flash!