Trump: This is a great time to buy!

Typically bear market ...-20% ...golden cross...
Technically, strong buy.
That's what we do as traders ...buy when there's blood on the streets!
........or bull trap ? ...volatility for sure
...and the bull is a Red Fuckface genius

Just got a phone call from a boiler room .

Didn’t recognise the voice but it was certainly an American .


“He told me his IQ , was probably the greatest ever “ .

[...] a few more Tesla at WH.

Lame manipulation attempt

Bear markets happen, sure, but the entry into this was very disorderly. I believe this has people spooked more than usual. Say what you will about the structure of the economy (and any cracks forming back in late 2024), the fact that the "large catalyst" (tariff talk and, ultimately, Liberation Day) was not a "market" event, but an economic decision designed to shake up the global economy. That has repercussions which cannot be well understood.

A repricing of, well, EVERYTHING is taking place before our eyes.

The uncertainty at the lows here is certainly evident as well. The bounce off the /es daily TL from the 2020 COVID lows stopped the further pain after that Sunday gap down and near touch of the -7% breaker. The tweet Monday spiked the market and people started to realize some "good news" like that could send things much higher, so lightened up on some selling.

The China/US front is heating up presently with no real confirmation on the US/EU nor US/rest of world fronts. The /VX steady at 40 tells you all you need to know about the consistent fear.

All that said, /vx doesn't stay high forever. There are going to be face-ripping rallies and gut wrenching draw downs. The last few market bottoms saw a consolidation pattern over several days with a move higher. Could that be on CPI tomorrow? Or, will this, in hindsight, be yet another bear flag forming before the next leg down? That's the game, right?

Keep in mind, the average bear market bottoms somewhere in the order of 30% off highs. Some instruments (/nq during dot com burst, for example), get hit harder than others. Nothing is certain at 20% down other than the fact that everything is now 20% cheaper than it was.

If you can withstand further downside and want to hold indefinitely, you just saved 20%. If you are a scalper/day trader, then this market can very quickly make you rich...or bankrupt.

If you play to "stay in the game", you are likely making very small moves through all of this. If you, like some of us, were trying to nibble all the way down only to find yourself EXTREMELY over levered on Liberation Day, then chalk that up as a once in a lifetime lesson about event risk and vow to reduce size or somehow limit exposure before massive political announcements.

The Nasdaq and S&P are back to prices seen at the start of 2023. The RUT is testing the lower end of the range from 2021 to 2023 lows. There's no disputing the fact that unless you were short (or out of) the equity market over the past couple of months, you're feeling some pain.

So, my public service message is: Nibble for investing, or go big for quick scalps if you have the funds, but be aware that the market is currently moving in 5 or 10 minutes what used to be an entire day's range (when the /VX is around 15).

Best of luck everyone!

The amount of market manipulation is insane. I wonder how this is even legal.

Tudor, that top on S&P will get blown out in time. It's indeed a buy with good money management. It's the dollar that will get dumped and dumped very hard.

Either way both Xi and the dollar will lose.

I've told ya, Red Buffon is a genius! ...it bounced +12%

Haha. He's likely accurate (with respect to the stock market over a longer period of time), but I don't know about goods.

Ah, maybe he means BEFORE the additional tariff on Chinese goods goes into effect?

Gotta love it when your president is telling you to 'be cool' though

...i did too..

He knows what he is doing. I doubt this is the bottom of the dip though

It's that so obvious?
I thought crypto rules

Melania Meme ushered in a new era, haven't you heard?

Meh, wake me when the motorcade goes full electric with Tesla trucks as the chase vehicles.

Market manipulation at it's finest

As if the crypto coin rugpull wasn't enough

I'm so glad, thanks to the president's trading, it doesn't bore me anymore because it's more fluctuating

No.

Dayum I missed this trade! The SEC needs to investigate!!! LOL https://www.forexfactory.com/news/13...n-china-to-125

What a relief - I'm in

With him in lead for sure not!

Loooooooooooool!!!!!!!!!!!!

This man made me lose money on the gold market like tomorrow was not coming again

The golden cross is historically between 60-70% accurate. That also means 30-40% of the time it is a false signal. I think it is best to wait for a few rising bottoms, (higher lows) that way you can enter a calculated position where you no where to get out if the trade doesn't work. If you buy today there is only one point to base your stop on and it isn't a great probability trade. Caveat I don't always practice what I preach and have taken a few LEAPS because of my inner gambler. If they work I'll be lucky not smart. Best not to confuse the two.

Nothing burger. The fact that he mentioned his own stock (DJT) is sketchy at best.

Amazing that China countered with a 5:1 export difference to US trade export into China. Xi is either stupid or wants something way worse than a trade war.

The White House should get some money first. Looks like Fort Knox audit was quick because it was empty.

I wonder if all his fanbase that bought DJT when it was clearing $75 are still believing him now that its flirting with $15

It seems he suggests buying necessary items prior to the announcement of additional tariffs.

Pretty confident. Perhaps he met up with Powell and interest rates are coming.

Cuts*

Funny thing I heard a lot of Jim Jones followers said the same thing

You guys don't get it. He meant to buy DJT. lol

No we get it, thats his bread and butter