Washington and Beijing are crafting a deal to avert the next round of US tariffs on $300 billion worth of Chinese goods,."The truce cake seems to have been baked," one source told the newspaper.
The news lifted traders' hopes that President Donald Trump and Chinese counterpart Xi Jinping can reach an agreement to de-escalate the trade war when they meet on Saturday during the G-20 summit in Osaka, Japan. "The fact that the United States and China have agreed to a tentative tariff truce ahead of the G-20 meeting does suggest that there is still some light at the end of the trade war tunnel," said Lukman Otunuga, research analyst at FXTM.
The promise of a pact reassured traders after Trump discussed raising tariffs on $250 billion of Chinese goods from 25% to 35%."My plan B with China is to take in billions and billions of dollars a month and we'll do less and less business with them." "The sentiment in the markets is turning bullish as investors are hoping from some sort of meaningful development over the weekend," said Konstantinos Anthis, head of research at ADSS."We'd rather be a bit more cautious ahead of the G-20 meeting as the odds for a material breakthrough are quite low."
Stay calm...cool...and collected! Let the traders around like chickens. Hoard cash to go after those quick arbitrage opportunities...but for the most part...keep an eye on gems...and wait! The bubble will burst! And then we go in!
More like moth attracted to fire.
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Stocks finish mixed ahead of U.S.-China trade talksThe U.S. stock market capped a day of listless trading with modest losses Monday as investors focused on upcoming trade talks between the U.S. and China. Hope China stands firm. Based on past practice, Trump is a coward when it comes to face to face confrontations, so the talks will look promising & stock will rise. Then Trump gets on Air Force 1 & begins to tweet & stocks will plummet.
출처: latimes - 🏆 11. / 82 더 많은 것을 읽으십시오 »
Stocks Point Higher on Hopes of Progress in China Trade TalksU.S. stock futures climbed and European indexes reversed earlier losses amid hopes for progress toward a U.S.-China trade deal. The trade deal's already baked into the cake, as every investor assumes it'll come along eventually, the market sees the future, or tries to anyway. NeilREllis RodAVanier RCollishaw RosaP_LA kevinsky joeleberman ishat_reza gobychristine Bhsteeler BobSaroya First_Focus aecfkidscount ChildrensRights AndrewScheer jfrobergeQc francoislegault JustinTrudeau
출처: WSJ - 🏆 98. / 63 더 많은 것을 읽으십시오 »
These semiconductor stocks are rising the most as Micron CEO is upbeat about Huawei and ChinaThese are the semiconductor stocks rising the most, as the CEO of Micron is upbeat about Huawei and China
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »
Oil prices jump as U.S. crude stocks fall, Middle East worries add supportOil prices rose more than 1% on Wednesday to their highest in nearly a month as ... When you're filling up your car, and it costs $8 more than it did last month, stop and thank Donald Trump for that. If he had stayed in the effective JCPOA like a big boy, we wouldn't be considering war. But him not start. Him dumb. ThanksTrump Keeping a close eye on d next OPEC meetings. However, I think d ‘real’ OPEC meeting will be d G20 meetings b4 it.
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »
10 Stocks That Can Ride Out a Downturn“Low volatility” stocks outperform the market while incurring below-market risk. That’s a winning combination—even if the most hyperactive traders find such stocks exceedingly boring. SPXU LOL By rideout, you mean still lose a lot, but less than the market. If you think there is a downturn coming, you get out of stocks.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »