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Stock market seems to be recovering since self-inflicted tariff wound


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Posted
8 minutes ago, headshuck said:

I hope Red Viking and the media didn’t force you to sell at the bottom.

China Viking is still bet'n on the tank.  

  • Jagger 1

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Posted (edited)

Fixing the tariffs needed to be done. Of course there is pain involved. 

Digging into the waste, fraud and corruption was long overdue. Of course it causes volatility in the stock markets. More pain.

It is going to require some patience to see this through.

I'm lucky to have a solid portfolio. Up 4% this year and up 11 % since last May 1st.

Dow Futures up 1.39% for Monday. I'll take it.

 

Edited by Paul158
missed a word
Posted
14 minutes ago, red viking said:

Not over by a long shot....I just sold some stock because it's comin back down again soon...

Wait are you back to guaranteeing a crash again?

  • Bob 1
  • Jagger 1
Posted
41 minutes ago, Caveira said:

Wait are you back to guaranteeing a crash again?

Trumptard is showing signs of caving and that's what investors are betting on. However, I think he'll continue to go back and forth trying to look like a tough guy. He'll continue to do stupid things. Not just tariffs. 

Higher prices will really start to hit in about 6 weeks. 

I'm not completely selling out but definitely sitting on more cash right now.

Posted
51 minutes ago, Paul158 said:

Fixing the tariffs needed to be done. Of course there is pain involved. 

Digging into the waste, fraud and corruption was long overdue. Of course it causes volatility in the stock markets. More pain.

It is going to require some patience to see this through.

I'm lucky to have a solid portfolio. Up 4% this year and up 11 % since last May 1st.

Dow Futures up 1.39% for Monday. I'll take it.

 

It’s bigger than tariffs.  China needs to be stopped. 

Posted
5 minutes ago, red viking said:

Trumptard is showing signs of caving and that's what investors are betting on. However, I think he'll continue to go back and forth trying to look like a tough guy. He'll continue to do stupid things. Not just tariffs. 

Higher prices will really start to hit in about 6 weeks. 

I'm not completely selling out but definitely sitting on more cash right now.

You said he already caved.  Now he’s showing signs.  Flip flop. 

  • Bob 1
Posted
12 hours ago, JimmySpeaks said:

You said he already caved.  Now he’s showing signs.  Flip flop. 

Yes; he has, and they are betting that he'll continue to do that. It's actually very simple. 

I think he'll continue to flip flop though, be unpredictable, and cause a wide variety of economic problems. 

Posted
29 minutes ago, red viking said:

Yes; he has, and they are betting that he'll continue to do that. It's actually very simple. 

What tariffs has China removed?

  • Fire 1
Posted
20 minutes ago, Offthemat said:

What tariffs has China removed?

Smartphones, computers and electronics and he's admitted that other tariffs won't stick either. He's a coward. 

Posted
1 minute ago, red viking said:

Smartphones, computers and electronics and he's admitted that other tariffs won't stick either.

Those are the tariffs that  Trump reduced, what tariffs did China drop?

Posted
2 minutes ago, Offthemat said:

Those are the tariffs that  Trump reduced, what tariffs did China drop?

They've also made minor concessions but stood ground more than trumptard

Posted
4 minutes ago, Offthemat said:

Can you identify any?

Can you tell me which "trade deals" he's made? 

"Art of the deal" is a joke. This fat piece of toilet trash is a complete failure.

Posted
6 minutes ago, red viking said:

China? Very little

You’re wrong some more.  You might consider educating yourself before opining any more on the subject 

Posted (edited)
31 minutes ago, WrestlingRasta said:

No you didn’t 

Yes, from my brokerage account last week. Not all of it i asmit. Converted $10k to cash. Will reinvest when s&p dips again due to trade deal failures. 

Edited by red viking

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