Member Info for Darth.Trader

I doubt the bounce will close the gap down...created today on the DOW.

DYOR

ll, "elon musk..lol"

that's my point for posting it.....two is company, three is a crowd. elon on his way out of the ****house, sorry whitehouse..

d..

LL, You are not making any sense at all now, lol. very contradictive.

D...

https://omny.fm/shows/stock-movers/tariffs-hit-defense-stocks-novo-nordisk-shell?taid=67f39c945dd90200015057ee&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter

DYOR

..posted a video on X about Milton Friedman arguing against tariffs

"Elon Musk in an interview on Saturday said that "Europe and the United States should move to a zero-tariff situation, effectively creating a free trade zone between Europe and North America. Also, more freedom of people to move between Europe and North America. If they wish to work in Europe or wish to work in America, they should be allowed to do so. That has certainly been my advice to the President."

He now posted a video on his social media platform X with Milton Friedman arguing against tariffs. All economists agree that less trade barriers boost global growth. And more barriers of course weigh on global growth as it's been also clear from the market reaction. If all this drama leads to less barriers, then it would be a huge achievement and the markets will respond very positively in expectations of better global growth.""

DYOR

LL "It does look though, that US future are recovering......

Likely a big bounce back up imo,"

Stop it please my sides are aching, lol, lol....

D....

China has expanded its use of critical minerals as a trade weapon with curbs on exports of rare earths, threatening to shake-up the global supply of key materials used widely in high-tech manufacturing from electric vehicles to weaponry.

D...

Pakistan's benchmark share index (.KSE), opens new tab slumped 5% on Monday following the tumble in global markets.

A 45-minute market halt was triggered following the slump.

DYOR

Skier "There's still plenty of time for China, EU etc. to trim their tariffs and step back from the showdown"

i would say the gloves are off, China are in the driving seat the longer this goes on the more the US falls, the US will become a no go zone....

DYOR

Skier "The FTSE 100 and S&P 500 look way oversold at this point"

seriously skier you do talk a load of swollacks, the panic hasn't even started, let see what happens with Wall st @the bell.

D..

A decent breach of 60p and it could get messy.

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Stagecoach "The World economy has been to dependant on America for far to long."

Americans, UK and others have been relying on China for cheap, manufacturing, cheap labour, cheap electroninc, etc , etc..fort many years now.

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LL, "Over the weekend I saw a scary graph of a month chart of US index (any will do) with the MACD crossing downwards."

on the DOW , Monthly chart currently testing the 50MA, could see 28k,

on UKX Monthly chart, it breahed the lower upward trendline , thats been in place since March 2020, now also testing 50MA.

DYOR

If this area does not hold then 52ish is possible.

D....

Ant, i expect a sell off in Gold and Crypto, due Margin calls...

DYOR

Ant, gonna leave for now, I'll see how the car market pans out...

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Ant, i was tempted a couple of times but resisted.

D...

DYOR

Skier "As expected, my predictions are coming true."

Are you serious, Predictions! Trump put a gun to their head, it wasn't hard to predict. Interestly enough Vietnam stated they agreed to drop to Zero % before Trump even announced his Tarriffs last Wedenesday but he still hit them hard...

DYOR

Going forward it will be interesting how the citizens of all these countries spend monies on US goods... China /EU, UK, Canada deal...

Don't think many Tesla's cars are going to be sold, i was thinking about getting one and an Optimus... Not so sure now.

World is changing at a pace never seen before..

DYOR

Skier the trade deal between US/UK was the most balance, but trump still presented the UK witg 25% in cars and steel, then hit UK with 10% on 2nd April....

DYOR