WHAT TO DO NOW IN THE AFTERMATH OF TARIFFS – WALL STREET CAUGHT ON THE WRONG SIDE
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
What To Do Now
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- The chart shows that in the early trade the stock market is below the micro resistance zone in the aftermath of the tariffs.
- The chart shows the stock market is still significantly above the 200 day moving average. The 200 day moving average coincides with the support zone shown on the chart.
- Stock futures have improved from where they were trading on Sunday evening.
February 3, 2025