Many investors have missed the real story about the stock market and President Trump's gambit on the China trade war.
Since the stock market does not trade on Sundays and at night, a chart of S&P 500 futures is the only option to understand the story.
The chart shows that stock market futures were humming along when the unexpected news of China imposing new tariffs on U.S. goods came.
The chart shows that the stock market fell on the news of new tariffs from China.
Stock market futures jumped when China Vice Premier Liu He called for a "Calm attitude" and consultation, and Trump said that China wanted to get back to the table again.
Popular semiconductor stocks such as Intel INTC, +1.33% and Micron Technology MU, +1.09% had fallen on the trade war escalation; these semiconductor stocks were also recovering as of this writing.
Consider starting with Arora's Second Law of Investing and Trading: "Nobody knows with certainty what is going to happen next in the markets." Run away from anyone who claims to know with certainty how the trade war is going to end and how the stock market is going to behave.
https://www.marketwatch.com/story/trumps-china-gambit-is-working-for-now-this-chart-tells-the-story-2019-08-26?siteid=yhoof2&yptr=yahoo
Since the stock market does not trade on Sundays and at night, a chart of S&P 500 futures is the only option to understand the story.
The chart shows that stock market futures were humming along when the unexpected news of China imposing new tariffs on U.S. goods came.
The chart shows that the stock market fell on the news of new tariffs from China.
Stock market futures jumped when China Vice Premier Liu He called for a "Calm attitude" and consultation, and Trump said that China wanted to get back to the table again.
Popular semiconductor stocks such as Intel INTC, +1.33% and Micron Technology MU, +1.09% had fallen on the trade war escalation; these semiconductor stocks were also recovering as of this writing.
Consider starting with Arora's Second Law of Investing and Trading: "Nobody knows with certainty what is going to happen next in the markets." Run away from anyone who claims to know with certainty how the trade war is going to end and how the stock market is going to behave.
https://www.marketwatch.com/story/trumps-china-gambit-is-working-for-now-this-chart-tells-the-story-2019-08-26?siteid=yhoof2&yptr=yahoo
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