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>arah Sanders told a media briefing that the impending hefty U.S. tariffs on steel and aluminum imports could exclude Canada, Mexico and a clutch of other countries.
that happened around 1.45pm eastern time yesterday, which is why we got that pump after things had dropped in yesterday's session
Hunter Flores
Also at 3:30pm Trump will announce the details of the tariffs.
Lucas Ortiz
Trump is not an extremist but he likes to get things done even if it implies rustling some jimmies
For example, he wants to curb the US trade deficit and the fact the other currencies are overvalued. So he shoots the first by planning to impose trade tariffs. He knows the timing is good because the other parties don't want stronger currencies. He tries to bring the others to the negotiation table.
What is interesting is what he will say after the ECB excluded raising its interest rate. Will he get angry and call out the eurofags again ?
Michael Wright
OP, these memes are top notch btw.
Bentley Adams
We touched this currency thing yesterday. Anybody know of an ETF play that can short yuan?
Xavier Perry
> the other currencies are overvalued I mean undervalued sorry
See my correction
thx m8 you guys deserve the best
Chase Lewis
we're gunna have a long day aren't we
fucking hate when theres an article where 2/3 of it is talking about what the price of something closed at as if i don't have that info on my computer and then only 1/3 of the article actually has useful info
wonder why it would exclude Canada and mexico. pretty sure alot of countries will export to mexico and Canada now then to us and we'll get sloppy seconds
Brody Moore
There's currently a pretty big fight going on in the dow futures, I'm expecting a sharp movement soon. Bias is to the upside but sellers are throwing a lot into pressing things down from yesterday's high.
Logan Cook
Yeah, I mean that's the most retarded part. I guess it just looks better on paper to just have the trade deficit move from China to another country. This way he can come out and say how he won and reduced the trade deficit with China and the people eat it up while we're still getting cucked by China via Mexico/Canada. I thought I heard that initially Mexico and Canada would be exempt and NAFTA was to be renegotiated.
Jack Ward
i bought so much fucking stock since Friday. I will make so much fucking money by selling all this shit today.
Ian Hernandez
AVDL to the moon today
Hudson Lopez
Morning all. Hoping for a better day than yesterday.
Jayden Harris
if the Dow can reach above 24860, there's probably a lot of short covering/short stops that are going to be hit around and above that area
Levi Green
it's a game of fuckery imo
Just trying to figure out how to profit from it, short all steel and aluminum stocks? nobody is going to want u.s. overpriced steel and nobody is going to want to invest in other countries steel when theres a tariff.. will they??
Jeremiah Bell
That's the way to do it. Short all foreign and domestic steel and aluminum. Tariffs will probably lead to more recycling and people trying to find cheaper alternatives to buying virgin material.
Nathan Perry
>Tariffs will probably lead to more recycling and people trying to find cheaper alternatives to buying virgin material. I was thinking this yesterday. Good news for recycling plants and junk yards.
Christian Perez
you people always have terrible advice , we knew that there would be tarrifs on steel and aluminium for since like September now and the price of this shit keeps rising so big brained niggers like you who thought it was a good idea to short it are all dead now
Ethan Peterson
UP WE GO LADS
William Clark
Our advice was to long steel back in September though...
Grayson Wood
If anything, protectionism is good for the protected domestic companies
I think it might be a good idea to bet on other currencies going to rise, maybe go long on emerging market bonds and short USDJPY.
Jason Jones
i don't ever remember saying to short steel and aluminium, i've been saying buy AA and walk away for awhile now..
Jayden Gutierrez
>protectionism is good for the protected domestic companies it's really that simple US steel was always shit and uncompetitive nobody bought it before anyway
now it's still shit but it has special preferences from the government because of reasons which is good for their stock price it probably ran it's course now but I think it will spike again one more time once the tarrifs are in effect
Gavin Hughes
im long in s&p500 etfs is it a good idea to short the s&p500 at the same time for when a correction occurs?
Brayden Anderson
buy puts
Justin Clark
I'm looking at the 3/23 put options on X. This will give us the short term FUD from the tarrifs, and also incorporate the anticipated rate hike from the Fed meeting earlier that week. The only challenge is getting the contracts at the right price.
Nolan Scott
Are there recycling stocks worth eyeballing?
Jaxson King
Ive got 300 to gamble meme me up lads
Jayden Turner
The thing is, I think this whole tariff thing has lead to an over speculated and over priced value on X because of the fact we've known about it since September. This is a classic buy the hype sell the news play.
Andrew Kelly
If we end red today I'm going to become a 401kuck and Roth IRA only loser.
Isaiah Cox
UWN
Aiden Bell
thats hedging yo risk
Owen Rivera
you gents consider selling out amd at 12 and buying back at a dip (which will prob be 11.30) early next week? which way did you go on it? im debating just holding and saving myself the the stress.
Nolan Bennett
Waste management would be the first to come to mind. Republic services too.
Jack Perez
i honestly won't be doing much about it till next week. im in too many different trades right now
Isaiah Thompson
Sold mine @ 12.18 last week
Dylan Cooper
>I thought I heard that initially Mexico and Canada would be exempt and NAFTA was to be renegotiated. I just heard some headlines on Blumberg, but how I understood it it was that there COULD be deals ("carve outs" which to me means LESS harsh tariffs not none at all) if Mex/Can come to the table on NAFTA.
Landon Sanchez
Come US, don't let her momentum down now!
Jacob Parker
puusssshhhhhh
Logan Thompson
...
Nicholas Lee
ATRS up again
Jordan Ross
Strapped in.
Brandon King
Where my niggas Insufficient Funds and IB Margin Violation?
Wyatt Howard
ok i'm long spy, short steel and yuan. Anything else to do today?
Jaxon Jackson
probably still sleeping
Wyatt Myers
who here /filtered out all tripfags/? This general just improved in quality
Evan Clark
Get in BPMX and AKER now! Easy gains!
Thank me later.
Aaron Nelson
AAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHH
Evan Martin
Gonna buy a share of x and a share of aa just for fun
Lucas Martinez
Morning bois, who else got their lube ready
Elijah Garcia
I've been meaning to do this, but they're kinda fun to shitpost with.
Daniel Cooper
BPMX has more dipping to do. Will re-enter tomorrow. They have a press conference on Monday.
Jonathan Moore
Waiting on BPMX to go sub .30 to buy back in but nigga I aint touchin AKER till that shit hits the bottom, everyones been shilling it for weeks and its done nothing but free fall.
Jackson Rogers
GE and SQ TO THE MOON PLZ.
Andrew Cruz
>tfw sold Sq to buy ge
Tyler Watson
GSVC IS GONNA SKYROCKET AND I COULDVE BOUGHT IT FOR 6 BUT ITS GONNA HIT TEN SOON AAAAAAAAAAAAHHHHHHHHHH
Grayson Powell
When do I sell RUN
Austin James
ZSAN my niggas
nice ass red to green move this morning
Justin Sanders
if you have the liquid i don't think you are too late on sq. i see it as 12 month rising star that gets bought out. i am also an anonymous idiot on the internet who may be a crazy person.
Ryder Diaz
friendly reminder you have one week to get into AMRS
Zachary Brown
Did you guys buy the Sunrun dip?
Sebastian Brown
tell me why please.
Ayden Thompson
crash f0cking when
Carson Clark
Just woke up, I don't like where this is going
Brandon Collins
Short mining stocks?
Landon Taylor
moon after ER
Parker Ross
TEUM GCAP ALT Give them your strength anons
Gavin Hall
The swings are going to be rough, it seems. I think a lot of larger players got caught off guard with the upward movement, and they're gonna fight to keep their short positions stable. They may also not want things to get too out of hand before Trump speaks.
Robert Cox
They may have short positions/hedging in place, preparing for Trump's speaking, and they wouldn't want to be forced out of them.
Brody Powell
What's Dow 24860 converted to S&Ps?
Wyatt Taylor
not sure what you mean
I don't think there is a way to convert Dow points to SP500 points, if there is i have no idea about it, sorry
David Rivera
>limit buy a stock at it's current price >Price hasn't moved at all, order doesn't go through >Place an order one one stock, one cent above current price >Still doesn't go through What gives?
Carter Sanders
(((They)))
Easton Wilson
whats the ask at?
Kevin Campbell
2.46
Benjamin Rivera
Oh Fyck yes
Bentley Williams
One of my favorite memes (VTGN) is experiencing a pull back from that run up to $1,50 we saw. I'm looking for a re-entry around $1.30-$1.35 This one is going to go to $5 then $10, and finally $20.
William Martin
Mildly green open for the sector. I expect a dip in to the red by noon as is Thursday tradition but overall sector is bullish and should remain so. Good news is causing pumps again. Speaking of which, Namaste Technologies entered in to a partnership with Ample Organics. That us a big deal as Ample processes a lot of online medical weed and vaporizer sales and has deals with most of the major LPs. N currently up 8% on the news and climbing.
Ethan Gray
>Sits at 2.46 for almost an hour >Suddenly 2.55 I'm seriously convinced there is some jewery afoot.
Jackson Taylor
Looking at the level 2 there is a big buy order at $1.34, I really wanted to get in under $1.33 this sucks moose balls.
Chase Lopez
Interesting, I just got $250 of fun money, might throw it at that
Elijah Jackson
Buy Netflix, all time highs today
Zachary Hall
>not enough to buy AMZN
not going to make it
Jonathan Peterson
>MYO
Easton Jenkins
Do people still eat Tootsie Rolls, I mean really?
Carson Hughes
>Down 17% What the hell is going on with that company today.
Dominic Murphy
Ouch...
William Wood
Seriously considering buying and then selling around Halloween GOD
Nathan Harris
3:30 Pacific or Eastern?
Robert Barnes
my alarm didnt go off this morning so Im late and it cost me about 2% worth of gains
Jeremiah Sanders
...
Matthew Diaz
good call short X, got some serious returns on my puts already.
Charles Ross
Why is the market still sucking a dick? This shit is madness.
Michael Long
>people in this actual room didnt buy the obvious amrs dip last week, even though multiple people pointed it out
Joshua Cook
EST
Liam Gonzalez
Nice man it was your call though, i've been on LIGA and some other OTC plays this morning