MEXICO TARIFFS DO NOT CHANGE THE ACTION ITEM FOR PRUDENT INVESTORS $GM $F $SPY $QQQ $FCAU $GOOG $AMZN $AAPL $MU $QCOM $INTC $AMD $PSQ
The surprise announcement by President Trump of imposing new tariffs on goods imported from Mexico does not change a previously prescribed action item for investors. Let us examine this issue with the help of a chart. Please click here for an annotated chart of a Nasdaq 100 ETF QQQ. Similar conclusions can be drawn from the charts of the Dow Jones Industrial Average DJIA and an S&P 500 ETF SPY. For the sake of transparency, the chart is the same one previously published before the current downturn in the stock market. Please note the following: • I have previously written