(1) Bullish
(2) Bearish
Trading Strategy: (1)
(1) Buy and hold long-term with trailing stop.
(2) Short-term shorting.
(3) Average down and collect dividends.
Assurances from White House economic advisor Larry Kudlow late Thursday that negotiations on a U.S.-Chinese trade deal were progressing enormously.
Wow, nowadays, you can talk to a super rally. Trump and his team had the power to sweet talk a rally as the US elections draw closer. Very likely, don't think Trump will add any more tariffs to jeopardise his winings. Mostly, if he can't get a good deal, he will just sweet talk the market, and postphone the trade deal month after month till his win, hopely not.
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