Buckle in, everybody!

[Carmen909]

We're in for a wild ride today. https://www.cnbc.com/2018/04/04/us-stoc ... focus.html

[jlozano042]

I'm buckled in ..... twinkies clasped tightly in one hand and the other hand idling on the refresh button at the Google market summary webpage.

My heart tells me that the market will end positively +5% across the board.

My medulla oblongata is screaming at me to go to "G".

My gall bladder is telling me softly to eat more twinkies!

[cswift01]

I'm buckled in ..... twinkies clasped tightly in one hand and the other hand idling on the refresh button at the Google market summary webpage.

My heart tells me that the market will end positively +5% across the board.

My medulla oblongata is screaming at me to go to "G".

My gall bladder is telling me softly to eat more twinkies!

My intestine is wondering what to do with the golden surprises...

[jlozano042]

My intestine is wondering what to do with the golden surprises...

yeah, gut grenades usually don't end well.

[evilanne]

Not sure what is worse, a potential trade war or bigger & bigger trade deficits each year
https://tradingeconomics.com/united-sta ... e-of-trade

[MakeMe$$$$]

Not sure what is worse, a potential trade war or bigger & bigger trade deficits each year
https://tradingeconomics.com/united-sta ... e-of-trade

Interestingly, it can be argued that a strong economy with its supply and demand ramped up actually is a causal factor for higher deficits.

Also...Consider this from CATO:

https://www.cato.org/publications/congr ... de-deficit

[MakeMe$$$$]

I also think that we are all spoiled by the last couple years of low volatility and steady gains. Many of us are just going to have to keep our seat belts at the ready and relearn how to make the most out of the current market. Over reacting to US geo-political and internal political activities will just increase the chances for over reactions.

Easier said than done.

[anomadtoo]

I also think that we are all spoiled by the last couple years of low volatility and steady gains. Many of us are just going to have to keep our seat belts at the ready and relearn how to make the most out of the current market. Over reacting to US geo-political and internal political activities will just increase the chances for over reactions.

Easier said than done.

over reactions indeed! It seems the swings are based the emotions of a few than what should be really happening in an economy. emotions......

[evilanne]

Not sure what is worse, a potential trade war or bigger & bigger trade deficits each year
https://tradingeconomics.com/united-sta ... e-of-trade

Interestingly, it can be argued that a strong economy with its supply and demand ramped up actually is a causal factor for higher deficits.

Also...Consider this from CATO:

https://www.cato.org/publications/congr ... de-deficit

The Cato Institute may have some valid arguments overall but there are many factors to consider. Some people argue that war is good for economy, but I wouldn't recommend it.

We have constantly been involved in Gulf since Desert Shield/Desert Storm https://usiraq.procon.org/view.resource ... eID=000670

If you look at the trade deficit historical numbers back to the 1980's, US trade deficit gradually increased (greater deficits) in the mid 1990's, the deficits started increasing further after 9-11. (Note: you can manually change the range on the chart at https://tradingeconomics.com/united-sta ... e-of-trade using the 1st box below the chart) From 2006-2008 they were the greatest right before the recession. It looks like we are currently approaching those same levels now.

I tend to agree with the quote: "Insanity is doing the same thing over and over again and expecting different results."

[XAMOTOMAX]

Support held, China rebuttal got brushed aside today and the bulls are pushing forward. Very encouraging day for those of us in equities.

[jlozano042]

Support held, China rebuttal got brushed aside today and the bulls are pushing forward. Very encouraging day for those of us in equities.

Very interesting how this went, especially from the dreaded news this morning.

I've only been paying attention to the world markets since late last year (I'm still a padawan for sure), but one thing I have been learning is that fear remark about the markets. How does it go ????? Sell the fear ... something like that. I've seen quite a few folks post it here.

Anyways - keep calm and carry on I guess.

[XAMOTOMAX]

I do my best to tune out the news and just see red or green, patterns and indicators. Really simple stuff that sticks out on charts. Momentum is huge and little things like prices going down on super low volume without a corresponding jump in VIX (or early morning futures getting crushed on China news and the market going up the entire day) can be good indicators. Sometimes the news does move the market but more often I think the news tries to explain what happened in the market with varying degrees of inaccuracy. Algos and computers don't care what Jingping has to say, that's for sure.

Side note, anyone else watching for a crypto bottom like I am?

[Efire]

Be warned! Trade war with China is going to be big, as devastating as ..... that last A-Bomb war with North Korea !!! ..... Well, now you know how that war has been "won", a la Trump. Wall Street is not afraid of Trade War or A-Bombs in the long run. Wall Street is afraid of fear itself.

By the way, looking at how Chinese use digital money in transactions, one can only estimate an explosion of digital currencies in a few years. A bottom in a storm? Better buy and hold?

[PhilJohn]

It's just like I've been saying. When the news sells a story on how the markets are going to drop, buy as much as possible. lol

[Efire]

Easy to "buy the rumor". Harder to "sell the news"?