The Rokslide Stock Traders Thread

[BBob]

^^^ So far the market says meh on TSM!!! There’s lots to sort out beyond US investment news on this one.

 

[BBob]

Didn't take long to get slapped back down and fill that opening gap.

 

[CorbLand]

Didn't take long to get slapped back down and fill that opening gap.
View attachment 848354

Was really hoping it would rally to the high 90s

 

[NDGuy]

Every time Trump mentions tariffs we tank. Market hates tariffs.

Also GDP revised to -2.8%…yikes. Might be a bumpy year.


https://www.atlantafed.org/cqer/research/gdpnow

 

[SWFLhntr]

Welp………buy moar I guess!

 

[chanson_roland]

Every time Trump mentions tariffs we tank. Market hates tariffs.

Also GDP revised to -2.8%…yikes. Might be a bumpy year.


https://www.atlantafed.org/cqer/research/gdpnow

Yep. Equities that are almost 100% non-correlated with tariff target countries are still getting whacked.

 

[jbwright]

Every time Trump mentions tariffs we tank. Market hates tariffs.

Also GDP revised to -2.8%…yikes. Might be a bumpy year.


https://www.atlantafed.org/cqer/research/gdpnow

I have respect for the Atl Fed - they have a good track record of calling GDP. The duration of the trade deficit (and the depth) determines where GDP goes this year (and the driver of the negative GDP outlook). He (Trump) could just as quickly reverse course and kill the tariffs and thus the revised GDP estimate would go back up.

 

[NDGuy]

I have respect for the Atl Fed - they have a good track record of calling GDP. The duration of the trade deficit (and the depth) determines where GDP goes this year (and the driver of the negative GDP outlook). He (Trump) could just as quickly reverse course and kill the tariffs and thus the revised GDP estimate would go back up.

Changes their mind with the wind direction so very true

Until then, SPY is down 2% today.

 

[eddielasvegas]

Carnage in the streets....fasten your seatbelts...it's going to be a wild ride.


Eddie

 

[jbwright]

The S&P bounced off the 200 SMA today - 9d RSI sitting around 27 - instead of buying long I've been selling cash secured puts - great premiums on companies I know pretty well - been a great strategy for me the last year on volatile trading days to collect premium while also owning shares