I just made a very small trade selling VIX I'm not doing it again though as what is actually happening is completely uncertain.
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
"Donald Trump is considering a 90-day pause in tariffs for all countries except China, the president's top economic adviser has said."
If that quote is formally assigned to him, and if the whitehouse is denying it, shouldn't he be fired in short order for issuing market sensitive information that was without foundation that cause a multi-billion spike in trading ?
If that quote is formally assigned to him, and if the whitehouse is denying it, shouldn't he be fired in short order for issuing market sensitive information that was without foundation that cause a multi-billion spike in trading ?
Who's firing him??
He's made it clear it's his "game" and no one else matters....
He's basically untouchable at this point now.... His own party are filled with his supporters.... He's fired anyone in authority across his entire government that opposes him or is likely to do so.
The other party have zero spine, or credible challenger to him so he's pretty much set for the next 4 years.
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Soldato
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- 25 Nov 2005
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- 12,718
Faisal is a bit stupid, the Bloomberg guy basically tweets what the trading terminal says, the same terminal all the traders (not all there are other terminals but Bloomberg is most popular) use to base their trades off, so it's not because a random guy with Bloomberg in his name tweeted it
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Clearly I meant the "president's top economic adviser", if he actually said it, and the whitehouse is saying it's totally unfounded.
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Soldato
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- 13 Jul 2004
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- Stanley Hotel, Colorado
Cash is trash, if you have immediate need for it or you borrowed cash then sure. Main markets work off leverage, thats their bias like the air brakes on a truck default to stop, immediately they sell because they were unstable & cash poor to begin with.
if you can use cash decrease your mortgage liability then yea I always think thats sensible because I always expect 10% rates to occur again like they did in the 90's Thats just where I come from so I expect us to go full circle and end up back there at some point, QE is a leaky bucket at best you have to expect the negatives as inevitable.
I see Nvidia or any asset with efficiency long term as a positive even if the price then drops lower 10% tomorrow, next week or month its value is separate from the price tag; pay your bills forward but you can add something on a 6 year basis, as a trade obviously thats another game. I sold 80% in late March for family reasons, only slightly for profits, so my take is today is fine even while it falls still fine.
Trump, I hate talking politics as todays headlines tomorrows chip paper but remember he is one dude. His whole tenue is less then the long term perspective to focus on, if someone says USA now has altered in a tectonic way then sure it matters but I dont rate any of this as set in stone its very loud rhetoric
I've got 20k cash waiting to go into this year's stocks and shares ISA.. I'm holding the cash for now.. For at least a week and will reassess then.. Might even hold it in a cash ISA for now and to swap it to and s&s ISA when things are not so mental.
Same. Parking cash in the ISA and waiting. It could be a while.
Soldato
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- 16 Jan 2003
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- Nottingham
Trump now threatening an additional 50% tariff on china if they don’t withdraw their 34% tariff on the US.
Smells of desperation.
Caporegime
- Joined
- 30 Jul 2013
- Posts
- 30,191
Glad he knows how to calm things down... 
Yes I wanted to buy but it kept crashing when I tried and now prices have gone up.
It shows how quickly things can change, SPX went to 5243 on news in a flash. People sitting on the sideline waiting for the end of days...Trump might ruin your day with a single post.
Like this one for example
Trump threatens China with extra 50% tariffs if country fails to withdraw 34% retaliatory levies – US politics live
US president escalates trade war with China, saying all negotiations will be terminated and additional levies will take effect on Wednesday
www.theguardian.com
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lol i come home from work thought this must be a joke, look, jesus wept.
Im already committed but this is surely just a little blip on the way down again?
common sense will prevail with the 50% stupidity but it'll take a few days to filter out. China wont back down he is an idiot.
Im already committed but this is surely just a little blip on the way down again?
common sense will prevail with the 50% stupidity but it'll take a few days to filter out. China wont back down he is an idiot.
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