Learn how to spell simple words such as recession before trying to talk sh*t in comments. It’s embarrassing to show this entire community your level of education grasshopper. Haha!!!

Where were you 30 years ago when the C-suite began selling out America’s great industrial global superiority to the Nationalism of China! We finally have a President who understands you don’t build up the military of your Communist enemy by trade deficits and spending deficits! Funny how the Communist media complex in this country attacks both Trump and Musk for working hard to clean up this mess! They understand if it doesn’t get cleaned up America collapses! Either boldly defend America in your “uncomfortable conversations” or watch America dissolve into just another UnGreat Britain!

The greatest peacetime economy in history were the eight years (1981-1989) of Ronald Reagan … which began with a fairly deep rescission in 1982 after the Socialist economy of Carter. “We” voted in Ronald Reagan at that time as well. Patience grasshopper, patience.

Excellent points. We are traders. Who cares about reality when all the points you mentioned are true. A rip your face off rally might be inevitable in the short term. However, real damage has been done to the global economy.

I’m planning to trade the Fed decision in the hopes of capturing about 10% on zero day options. (yep, super aggressive, but the charts work on all time frames)

I’m just a guy who works in the commercial vehicle market. I had to defend an engineer’s job today. A guy from the C-suite sent me a message asking, “why do we have this guy?” We can’t be alone in these conversations.

Earnings report after earning report are saying, “our 2025 guidance is canceled.”
Business just can’t plan with this level of uncertainty.

If Trump miracles the tariffs away tomorrow, the damage has been done. To relationships, finances, and supply chains.

I believe Randy is correct. Any short term relief rally will probably fade when the reality sets in.

I work for a global company. I have colleagues in Mexico, Canada, and China. The resentment is like a thick fog hanging over my meetings. We are trying to be professional, but nationalism is seeping into calls. Not good.

I’m traveling to Mexico next week for work and then going camping deep in Canadian woods the following week. I’m not worried about my safety, but i know I’ll be in very uncomfortable conversations.

My challenge is knowing when to redeploy my 401k funds. Through Randy’s teachings I pulled all money out at the peak in February. I’ve since put 50% back in the market, but the other 50% is in bonds.

In my non retirement account, I’m gaming WEAT based on the charts and the fact that people will eat wheat no matter what happens in the economy.

Good luck to everyone.

Got my Covid and Ukraine drops mixed up. Covid drop wiped out 413 days of trading. The recent drop took us all the way back to the high before the Ukraine invasion drop in Nov 21.

The news attached right now is meeting with Chinese counterparts on trade and economics. I guess technically this after-hours move has squeezed the shorts, amplifying the move up.

Officials meeting with Chinese officials later this week in Switzerland.

I was thinking it would be bought up gradually before Fed (like it has done so in the past) but not after hours big green spike across the border. There is no immediate headline attributed to the bullish move either. What and how is that something can move the market like that after hours? Algos? Programmed to buy at that time?

As always, it’s not so much about what the Fed does (cut/hike/hold) or even what they say (hawkish/dovish comments) but more so how the market reacts.

Also, not the initial, knee-jerk reaction, as that is often faded. More so how the market trades in the following sessions after the FOMC meeting.

Best to let the charts be your guide: Short rallies into resistance & breakdowns below support, if bearish… or buy pullbacks to support and/or breakouts above resistance, if bullish.

Understood. Thanks. :)

97% chance of no rate cut this week. I don’t waste any mental energy in trying to guess how many rate cuts will come later this year but I suspect several, especially if my longer-term scenario for the stock market continues to play out with another leg down this year that will take out the previous lows & hit my next long-term target(s).

Regardless of what Powell says in the post-FOMC press conference, all I can say with certainty is that QQQ is still near the upper-end of my bounce target zone & as long as QQQ does go much beyond the big 500ish resistance level, I continue to view this as an objective level/time to build/scale back into a long-term swing/trend short position for the next leg down.

https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html