Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your due diligence before making any decision.
I think moving forward, the impact of earnings annoucement on price movement of stocks will be muted, thanks to Trump narcissit approach of forcing the world to comply and bow down to him. I understand that there is a greater agenda behind his actions, with reforming the whole US government agency, cutting out unnecessary spending and re channeling the funds to other sectors. Additionally, the intentional action of Trump for markets to tank might force Fed to cut rates, which is what he wants.
However, this has since developed into a threatening war between two major Juggernauts, with all other countries bearing the consequences of their actions. Even if the world manage to survive this tariff war, it will not be the same anymore. Gone were the days of free trade and friendly collaborations between different countries, now every country will have an agenda of their own and prioritizing ownself first before others.
Taking a deeper look into this "manipulated" narrative, who do you think will benefit the most out of this situation? Answer: The ultra rich. Cutting of rates mean big businesses can leverage their loan on a lower rate, which enable tem to have more capital to grow and generate more profits, including Trump himself. And who are the losers? Mid to low income individuals like us who are trying to navigate this volatile and unpredictable markets, experiencing potential big losses in the process.
So for the American voters who elected Trump and placed him at the presidential seat, is this what you envisioned it to be? I hope you are at peace with your decision and good luck for the next four years, it is just getting started.
@Madluvyz - Specialist in using TA to sell options and swing trade.😺
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