Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
What did I miss hear?? You said that under Trump the Market has come to a Screeching Halt. I already showed you this is simply not true. Continuation of a bull trend, I already agreed to that, but much stronger over the last 2.5 years under Trump.
The VIX, (AKA: Market Temp, Fear Index, Options pricing index) simply shows confidence. So... Like under Obama, Investors are showing confidence under Trump. Now if you were to listen to our pal's in the media, investors are scared to death. LOL.
Showing my Ninjatrader account performance? I was simple showing you the trade opportunities you seemed concerned about. But PLEASE, Show yours!! LOL.
Is the Trade war worth it? Short term, maybe not. Long term I believe so.
Can you help answer these questions from other members on NexusFi?
Dude....I am not fearing the volatility. In fact i love it. I make more in these times than not. But that is off topic. Losing asset value is what we are talking here not what you or I can make. I am more worried about the masses losing their asses. For entertainment purpose only, i will show you this...
Well, I really doubt that trade-war will benefit global economy and in turn US stocks in a long run. Anyway we had a nice prolonged bull market so letting a bit of steam out won't hurt those of us who still remember how to calculate stock values.
Exactly. It is easy to say go find your source from another country or make it yourself to avoid tariffs. But, most of the small businesses rely on 1 or 2 sources for thier products. They dont have the time, money or ability to change that. Most of them will die and that will have a ripple effect on others causing major economic issues. I think it will hurt more in the long term than short.
I love the end of the article. "Consumer items that are effected, GAS GRILLS, BICYCLES, AND CHRISTMAS LIGHTS" sound like these tariffs may break the common man. Lol. Fair is fair, these counties have been stealing american jobs for decades. Hats off to Trump for this one. MAGA hat that is. Lol.
Exactly. It is Fox news. We have to discount what is said for sure.
Here is the press release from MT Newswires -
04:20 PM EDT, 05/16/2019 (MT Newswires) -- Walmart (WMT) said prices for shoppers are bound to rise due to the higher tariffs imposed on Chinese goods, just as the company reported better-than-expected earnings and comparable-store sales for its fiscal Q1.
In an interview with Reuters, Walmart Chief Financial Officer Brett Biggs said the company will aim to alleviate the pain, partly by attempting to alternatively securing products from various countries, as well as working with suppliers' "costs structures to manage higher tariffs."
Another retail giant, Macy's (M), also pointed out this out Wednesday, when the department store chain's Chief Executive Jeff Gennette said tariffs on Chinese imports are hitting its furniture business and warned investors that additional levies would leave its clothing and accessory categories vulnerable, according to Reuters. Gennette made the statement after Macy's reported Q1 earnings that was well ahead of Street view.
Meanwhile, Walmart's vendors have started to raise prices, including Del Monte Foods, a supplier of fresh and packaged goods, such as mandarin oranges imported from China, Reuters said. Prices are expected to increase again as new tariffs are imposed.
"It's not just tariffs. Transportation costs are up, labor costs are up. It's an inflationary environment," Del Monte CEO Greg Longstreet told Reuters on the sidelines of a conference.
"A lot of that's going to have to be passed on. The consumer is going to have to pay more for a lot of critical goods."
Price: 101.30, Change: -0.01, Percent Change: -0.01