THE CHART TELLS THE REAL STORY OF TRUMP CHINA GAMBIT THAT MOST INVESTORS MISSED $SPY $QQQ $DJIA $AAPL $GLD $SLV $MU $AMZN $GOOG $NVDA
Many investors have missed the real story about the stock market and President Trump’s gambit on the China trade war.
Let’s explore the issue with the help of a chart. Please click here for an annotated chart of S&P 500 futures ES00. Since most investors do not watch futures, normally I use a chart of S&P 500 ETF SPY, Nasdaq 100 ETF QQQ, or Dow Jones Industrial Average DJIA as appropriate. However, since the stock market does not trade on Sundays and at night, a chart of S&P 500 futures is the only option to understand the story.
Note the following:
• The chart shows that stock market futures were humming along when the unexpected news of China imposing new tariffs on U.S.… Please click here or the title below to read more.
August 26, 2019