philip shaffer
:
back to 5250-5300. China released statement about talks and it broke support gap down over night. it will free fall down to those levels next area of support. unless trump announces an actual pull back on tariffs on China to signify a willingness to work out a deal.
philip shaffer
71099812
:
have you not seen how market has been reacting to news here lately. yea when you get a 9% rally in s&p on news of tariffs pause last time I checked that a pretty big move in the market on news. or just last 2 days a around 5% on thing with China de-escalating.
The Nasdaq Composite, S&P 500 and Dow industrials all gained 1% or better Wednesday on word the Trump administration might slash tariffs on Chinese imports in a bid to end its trade war with Beijing. The$Nasdaq Composite Index (.IXIC.US)$led the way higher, gaining 407.63 (2.5%) to 16,708.05, while the$S&P 500 Index (.SPX.US)$added 88.10 ticks (1.7%) to 5,375.86. Similarly, the$Dow Jones Industrial Average (.DJI.US)$rose 419....
April 23 (Wednesday) Market Recap – A Tech-Powered Follow-Through with a Twist After Tuesday’s explosive upside, markets continued the rally into Wednesday — but not without turbulence. The S&P 500 ended up +1.46%, with tech still in charge, though intraday reversals reveal some hesitation at the highs. The VIX dipped -5.27%, showing fading fear, but as the day wore on, profit-taking and macro nerves crept in. Magnificent 7 Intraday Wrap: • TSLA$Tesla (TSLA.US)$...
$S&P 500 Index (.SPX.US)$Facing main downtrend resistance around 5500 here Make or break will depend on how it performs these few days, at least for the short term trend. If breakout from 5500, could reverse back up in the coming weeks. Otherwise, could retrace and form another dip back towards the 5300+ support levels. Support: 5300, 5150 areas Resistance: 5500, 5650 areas
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🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context, Show More
Moo Live
Jan 23 16:54
MicroStrategy Q4 2024 earnings conference call
Reassessing Chinese Assets
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
U.S. stock futures wavered following consecutive gains on Wall Street.
Futures tied to the $E-mini S&P 500 Futures(JUN5) (ESmain.US)$ fell 0.31%. $E-mini NASDAQ 100 Futures(JUN5) (NQmain.US)$ went down by 0.33%, and $E-mini Dow Futures(JUN5) (YMmain.US)$ went down 210 points, or 0.53%.
Top News
U.S. Considers Cutting China Tariffs to 50-65%
The Trump administration is considering reducing tariffs on Chinese im...
The chart shows double bottom pattern. I expect SPX to rise further and reclaim 5400 level tonight.
$NASDAQ (NASDAQ.US)$ $Palantir (PLTR.US)$ $USD/MYR (USDMYR.FX)$ $INARI (0166.MY)$
In addition, President signaled that he does not plan to remove Federal Reserve Chairman Jerome Powell from his post.
The narrative was completely opposite just 48 hours ago. Another day of flip flop - what’s news right?
$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Tesla (TSLA.US)$ $Netflix (NFLX.US)$ $NVIDIA (NVDA.US)$ $Apple (AAPL.US)$ $Microsoft (MSFT.US)$ $Meta Platforms (META.US)$ $Amazon (AMZN.US)$ $Alphabet-A (GOOGL.US)$ $Palantir (PLTR.US)$ $Strategy (MSTR.US)$ $Super Micro Computer (SMCI.US)$ $Intel (INTC.US)$ $Salesforce (CRM.US)$ $Trump Media & Technology (DJT.US)$ $Lululemon Athletica (LULU.US)$ $Financial Select Sector SPDR Fund (XLF.US)$
The $Nasdaq Composite Index (.IXIC.US)$ led the way higher, gaining 407.63 (2.5%) to 16,708.05, while the $S&P 500 Index (.SPX.US)$ added 88.10 ticks (1.7%) to 5,375.86.
Similarly, the $Dow Jones Industrial Average (.DJI.US)$ rose 419....
After Tuesday’s explosive upside, markets continued the rally into Wednesday — but not without turbulence. The S&P 500 ended up +1.46%, with tech still in charge, though intraday reversals reveal some hesitation at the highs.
The VIX dipped -5.27%, showing fading fear, but as the day wore on, profit-taking and macro nerves crept in.
Magnificent 7 Intraday Wrap:
• TSLA $Tesla (TSLA.US)$ ...
Make or break will depend on how it performs these few days, at least for the short term trend.
If breakout from 5500, could reverse back up in the coming weeks.
Otherwise, could retrace and form another dip back towards the 5300+ support levels.
Support: 5300, 5150 areas
Resistance: 5500, 5650 areas
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