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HUGE DATA WEEK - caution


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141 replies to this topic

#141 12SPX

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Posted 31 January 2025 - 06:15 PM

Wow well in the end I still have my short at 6115, ES now at 6065 but if we open higher on Sunday I'll likely take profits but look at that 5175 call that was trading at $5 earlier is now down to .20 cents and the weekly 6225 that was at $8 is now at $2.  I don't know what excites me more,,,,a good day trade or watching premium just suddenly disappear as people are handed their heads on daily options lol!!  Pure gambling in my view....



#142 redfoliage2

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Posted 02 February 2025 - 04:38 PM

 

Trump tariffs to start over the weekend? 

 

https://www.nbcnews....ates-rcna190078

Here is the domino effect of higher tariffs on SPX:

Higher tariffs >> higher inflation >> higher interest rates >> stronger USD >> less SPX sales on the international markets and higher operation cost in the US >> lower SPX earnings >> stock prices to go down

 

A bear market on the way?

 

Well, over the weekend the gas price went up 10% at the pump here ....................


Edited by redfoliage2, 02 February 2025 - 04:38 PM.