That's the way the cycle goes. If we have a solid positive day, tomorrow will be profit taking, then buying the dip, repeat.Could be just a bounce….I still see volatility ahead..China is digging in.
Thursday is CPI…March CPI could be down…
Cat bounce45 minutes into the day. Portfolio up 2.3%
@SpikeUM is the trade war won or are we still waiting on the Fed?
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I just wanted your opinion. You said wait till the trade war was won or the Fed cuts rates. Presuming the trade war is not over, then this would likely be one of those bounces you mentioned in the previous post. I agree that emotions are high and waiting till the dust settles is most prudent.You are asking me as if I have inside info. All I can say is, when the markets are all about news/emotion, you have to be extra careful.
My best guess is that the trade war will be won because most/maybe all countries can tolerate them less than we can. The one potential maybe even probable exception is China.
I just wanted your opinion. You said wait till the trade war was won or the Fed cuts rates. Presuming the trade war is not over, then this would likely be one of those bounces you mentioned in the previous post. I agree that emotions are high and waiting till the dust settles is most prudent.
I come for the opinions. I stay for the advice.No worries, glad to (hopefully) help.
Down .01%. The next 6-18 months should be very interesting. I doubt we see the tariffs disappear for many many months.Did I say up 2.1% because I meant down 2.07%…
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