To The Moon

In a tariffs war, nobody wins. Consumers are obviously the biggest losers. Americans, whose President started it, have more to lose.

Here's the winners for day 1.

Potential winners for day 2 and more...

There are obviously many along the same line of thought. Shorts the big techs that have lots of imports and exports out of US as part of their supply chain. It's no wonder Warren Buffett had been cutting Apple 🍎🍏! He is as sharp as ever if you ask me.

What is your move?

Would you go into shorting big techs too? With leverage and all? Or will you be just twiddling your fingers and hoping that the whole saga will just die down and markets would just shoot all the way back up? Or go on a holiday and pretend nothing has been? Or maybe sell everything and wait it out? There are so many different options. 

The good thing is there is no one right answer. You could also do a combination of options. 

I can't tell you what you need to do, but most importantly, protect your existing investments. Remember Warren Buffett famous two rules, 1) Rule 1: Never lose money. 2) Never forget Rule 1.

It depends on individual situations. I won't advocate throwing when everything has been hammered. Having said that, cut loss when a certain price has been breached is a disciplinary action. There's no shame in it. The shame comes if you have lost most of your investments in the current downturn, which probably has a while to go.

What am I doing?

As I have moved some old investments to cash, I am sparingly taking my own sweet time to load up what goes beyond this tariff war. I am into minerals, but I mostly target big miners that won't fail at a price that I am comfortable to hold. Big miners like $Albemarle(ALB)$ , $Freeport-McMoRan(FCX)$ for lithium and copper that would become ever so important.

What about $MP Materials Corp.(MP)$ ? I am just glad I bought it back last night, and some more; after selling it off sometime ago. Think... Trade war... What lever will China pull? Think what happened a short while ago when China was battling US? Yup, raw materials... Minerals that China controls! Rare earth, antimony! That was why I had also loaded up $Sun Silver Ltd(SS1.AU)$ ! I should have bought more today. It is a good thing that China is away on holiday, not for the markets turbulence avoidance. You can't escape that! It's for the retaliation announcement obviously!       

It gives me extra time to load up before that happens. Mind you, there's still time between now and Monday, Chinese government's announcement (weekend holidays as well, so don't think they will rush to it). What gives me the idea? $JLMAG(06680)$ see how it took off once the tariff was announced. I am sure it's all pure speculation!   Just look at the volume done. That's not normal speculation... That's why your teacher told you learning history is important     

Don't give him the last laugh... We should be laughing at him instead... Tariff war is just a sign of America going backwards...

@TigerStars  @CaptainTiger