Nvidia and Apple are so heavily shorted that i don't think the shorts are going to play their hands first. They are going to let them rally and hit them again. That's the only way they can get out of this mess because they can cover after they drive them down a bit. That said, (cont in reply...)
TJX all time high today. Only one. Good stock.
Apple, Mother of all Short Squeezes
You have to expect multiple plumbing of the depth of yesterday as we frantically try to price in a recession....
Contrast yesterday to today; huge up opening is horrendous; nice down opening is divine
Trump goes sell to buy...US equities...more powerful than any investment house....
Not a big fan of paying up for stocks when nothing has happened from when we had the closing selloff..except more troubling things...
Are we headed toward owning companies that only do business in the U.S. if you were starting a portfolio now would you buy a stock of a company that needs parts from China?
Need to be concerned about supply chain issues without a deal with China.. more tomorrow
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Good discussion on China. Put us on
Are the buyers gambling that it doesn't matter if we put another 50 on China, that stocks are that low? Or is is all a big trap? We succeeded in not selling into yesterday's panic. But can we really buy into today's euphoria?
What a tough moment. We are so oversold and the futures are so high that buying here is a very difficult chore. We have been there before and the market can be a coiled spring without news
We don't want to se the futures up this much. So strange. We have come in down every night for 9 nights. Now the futures are up huge. Where are the sellers. Things aren't "better" now unless we are at levels people, at last, like.
We are not getting the whoosh that i would want. No washout.
Complacency? A belief that there has been enough of a haircut already? I'm not so sure...
I think the lack of significant reassurance that there was a plan here to deal with the seizing up of commerce is not good and keep the downside squarely on the table
Mirror account created April 7, 2025. Dates of prior posts not reflective of original posting.
I think the pressure on Chinese manufacturers that export here will be something that needs to be watched closely
How low can it go? Is another Black Monday beckoning? Join the Club the CNBC Investing Club and read my piece that just went live for the answers.
I think the difference between now and 1987 is that the circuit breakers could slow things down. Will write about this in my CNBC investing club Sunday think piece
some things never change
no Costco hoarding .. no pre-tariff bonanza
It's tough to build a new, weaker, world order on the fly. Frantically trying to do it but don't see anything yet that takes the October 87 scenario off the table yet. Those who bottom-fished are sleeping with the fishes ...so far
Gary told it like it is tonight on @MadMoneyOnCNBC
https://www.cnbc.com/video/2025/04/04/we-can-navigate-these-tariffs-even-if-they-are-at-46percent-says-rh-ceo-gary-friedman.html
you heard the odds if you watched the show... @MadMoneyOnCNBC
Look i don't want a repeat of '87 of course. But i traded during that period and remember each day well.. We knew to sell.. and we are proud we did. But we felt like idiots because the week BEFORE the crash was so bad and we were late to sell
If President Trump does nothing and if Europe retaliates then we the odds jump for an October 87 replay
Same damned pattern; that thursday, that friday..... that Monday?
Like I said this morning--odds now favor the October '87 pattern if we do not get constructive comments from Trump this weekend