A rocketship.... After back to back s&p gains of 20% markets getting a third year of 20% is highly unlikely...if it does you would be another shorting opportunity
There's no selling pressure at all. Think can't go down. Has absolutely lost that ability. Some struggling with the 200 day the past few days, but we will rocket higher next week. This is the most pathetic attempt to bring the market down I've seen. IT cannot break lower no matter what happens.
Meanwhile he said he would NOT be the first to cut ... Take a listen. 1 minute and 14 seconds in ... Listen to the question and his response This was 2 days ago He said he wouldn't drop tariffs. 24 hrs later he drops it to 80%%% Trump suggests cutting China tariff rate to still-high 80% ahead of Switzerland talks Published Fri, May 9 20257:35 AM EDT https://www.cnbc.com/2025/05/09/trump-china-tariffs-trade-talks.html This Just proves China is winning the tariff war Trump came in and immediately lowered the tariffs from 145% to 80% even after he vowed to everyone he would NOT make the first move....
Oh no no deal as of Saturday US treasury secretary Scott Bessent and trade representative Jamieson Greer met with Chinese vice premier He Lifeng in a closed-door session at Villa Saladin, an 18th-century mansion owned by the Swiss government. Officials from both sides confirmed that talks lasted more than ten hours. No breakthroughs were reported after Saturday's discussions.
They say a deal is done...not saying many specifics until tomorrow so it could be a volatile day as maybe the specifics and end game in this deal might not be up to wallstreets expectations.
U.S. officials say ‘substantial progress’ made in China trade talks The White House said it was announcing a trade deal without providing any details. Representatives from the U.S. and China had been meeting in Switzerland. Updated May 11, 2025 at 4:01 p.m. EDTtoday at 4:01 p.m. EDT 3 min