I think the reaction is in the fact that Trump went ahead and imposed the tariffs instead of using them as negotiating leverage then not implementing them due to agreements being made.
Thank you so much for doing these rundowns. New trader here, and its nice to see a vets expectation for a big event such as these tariffs. Thank you and please keep posting!
Pete should I be concerned on my long term investments?, would you advise to flatten everything and go to cash, until these issues are resolved?, as a trader we either short or be in cash, but that’s short term…
That has to be your decision. I have some long-term investments and as long as I am shorting on a short term basis those gains will provide a hedge and I won't have to worry about it.
I’m so ready for a NICE correction… Not so sure the tariffs will be it. I’m thinking there could be a bounce back and consolidation up to NVDA earnings, and then we get the broader correction.
Thank you for the video, Pete! Lots of very valuable insights in there. I got a bit unfocused and undisciplined with the low volume rally over the last couple of weeks, lost perspective and took a beating on Friday (paper) doing things I had no reason to be doing. I appreciate your words about forcing trades and how to deal with longs this week. I wanted to ask you about the AAPL trade you suggest in the video. If the scenario you described played out and I hadn't watched your video, I don't believe I would think of shorting AAPL because I would interpret a slow leak when the market has had a big gap down as a sign of relative strength. How should I be thinking about this? Is it a matter of looking at the context and recent history of AAPL? Do I need to be thinking of the China aspect to be able to see the trade or are the technicals and PA enough to see it?
AAPL could tank, I just don't want to chase a stock that does. That 100-day MA could provide very temporary support. I hope it does because I would be able to short there.
Thanks for making these videos. Really helps me plan my trades for the week. I just had my best month of trading, and I think some of the credit goes to you.
I want to be 30 pounds lighter and 10 years younger, but that doesn't mean it is going to happen. He knows Canada is not going to become a state. He wants to close the boarder and stop drugs from flowing in.
LOL. Everyone was looking for a new all-time market high Friday as far as I am concerned so I think everyone has been overly bullish and now they will pay the price.
If you want bullish you need to watch my videos from Nov 2023. Then I told everyone to buy everything they could. Unlike everyone else, I don't predict every scenario knowing that I will be right on one of them. I tell you what the market is going to do and I stick my neck out.
I think the reaction is in the fact that Trump went ahead and imposed the tariffs instead of using them as negotiating leverage then not implementing them due to agreements being made.
31:10 $AAPL
Your audio sync issue is back..
This guy: no one should be surprised by the tariffs
Also this guy: the market will be surprised by the tariffs and sell off to the 100ma
Thank you so much for doing these rundowns. New trader here, and its nice to see a vets expectation for a big event such as these tariffs. Thank you and please keep posting!
Thanks for the content as always!
Appreciate your thoughts on the market like always, Pete!
Pete should I be concerned on my long term investments?, would you advise to flatten everything and go to cash, until these issues are resolved?, as a trader we either short or be in cash, but that’s short term…
that doesnt sound long term then
That has to be your decision. I have some long-term investments and as long as I am shorting on a short term basis those gains will provide a hedge and I won't have to worry about it.
I’m so ready for a NICE correction… Not so sure the tariffs will be it. I’m thinking there could be a bounce back and consolidation up to NVDA earnings, and then we get the broader correction.
Me too. That will set up some great trading conditions.
Thank you for the video, Pete! Lots of very valuable insights in there. I got a bit unfocused and undisciplined with the low volume rally over the last couple of weeks, lost perspective and took a beating on Friday (paper) doing things I had no reason to be doing. I appreciate your words about forcing trades and how to deal with longs this week. I wanted to ask you about the AAPL trade you suggest in the video. If the scenario you described played out and I hadn't watched your video, I don't believe I would think of shorting AAPL because I would interpret a slow leak when the market has had a big gap down as a sign of relative strength. How should I be thinking about this? Is it a matter of looking at the context and recent history of AAPL? Do I need to be thinking of the China aspect to be able to see the trade or are the technicals and PA enough to see it?
AAPL could tank, I just don't want to chase a stock that does. That 100-day MA could provide very temporary support. I hope it does because I would be able to short there.
Chaos........make money of the stupidity.........
I love volatility
Off
Thanks for making these videos. Really helps me plan my trades for the week. I just had my best month of trading, and I think some of the credit goes to you.
Congratulations! Let's keep it going.
Pete, Trump specifically said Canada becoming the 51st state is what he wants.
I want to be 30 pounds lighter and 10 years younger, but that doesn't mean it is going to happen. He knows Canada is not going to become a state. He wants to close the boarder and stop drugs from flowing in.
Everyone is expecting a huge drop so that means we are likely headed higher
LOL. Everyone was looking for a new all-time market high Friday as far as I am concerned so I think everyone has been overly bullish and now they will pay the price.
Very informative however I think it would be helpful if you show the bull case as well even if you think there isn't one
how would he show a bull case if there isn't one?
If you want bullish you need to watch my videos from Nov 2023. Then I told everyone to buy everything they could. Unlike everyone else, I don't predict every scenario knowing that I will be right on one of them. I tell you what the market is going to do and I stick my neck out.