Wall Street Rebounds Sharply as Trump Softens Tariff Stance

[Cryingdick]

5 minutes ago, rough diamond said:

Or knew it was now too late as he had already done the dirty deed!!

You had to either have bought before that or pretty quickly after. The market surged very fast. Smart people and algos act quickly.

 

The smart money sold already and that's why it is down before the open. 

[Cryingdick]

1 minute ago, rough diamond said:

For once did he got his timing right?

Well he has the market on a string now. Put aside your hatred for a moment and imagine you are the one man that dictates all of the trade deals and tariffs. Your word alone drives the market at any given time. Next time he talks tough it goes down.  He did this last time. 

 

 

[Lacessit]

10 hours ago, impulse said:

 

The yips?  He just postponed.  Now he's bringing a sledgehammer to every negotiation.  They call that "strategic ambiguity".

 

America is now less than 15% of China's export volumes. OTOH, China is in the top 3 markets for US exports.

 

Xi understood during Trump's first presidency he had to forge new trading links with other countries. China has been sucking in gold like a whale sucks in krill.

 

Xi is much better prepared for a trade war than Trump is. The Chinese think long term, Trump is a classic short-termer.

[Cameroni]

This is a man that played Marla like a piano. She left and had Michael Bolton in love with her. Michael Bolton! The long haired crooner women were throwing panties at. Just for kicks the Don competed and WON Marla back.

 

Now he is playing the stock market like he played Marla and Stormy, making it his BEAATCH....

 

This man knows no fear. Nothing is impossible for him. Andrew Tate is watching in awe.

[Cryingdick]

See if the tax bill has the votes. That's the next catalyst for a big surge if it passes. I wouldn't buy until that happens. If not I would let it tank a few days. For the novices out there a good way of doing this is if it fails to pass let the market go down and retest and buy on the third time. If it passes buy as soon as it does and sell it when you have a tidy little profit. Classic dip buying and rally selling right now

 

[kwonitoy]

36 minutes ago, Cryingdick said:

See if the tax bill has the votes. That's the next catalyst for a big surge if it passes. I wouldn't buy until that happens. If not I would let it tank a few days. For the novices out there a good way of doing this is if it fails to pass let the market go down and retest and buy on the third time. If it passes buy as soon as it does and sell it when you have a tidy little profit. Classic dip buying and rally selling right now

 

 

What stocks are you buying and selling

[jvs]

2 hours ago, candide said:

MAGAs always keep faith! 🤣

Karoline sure learned from her lord and master.

She owes 325 000 dollars to pay a campaign debt of hers. This will get her into trouble but only later when Trump throws her under the bus.

Slow learners those ;"i only hire the best".

[Cryingdick]

1 hour ago, kwonitoy said:

 

What stocks are you buying and selling

I have been buying Amazon, Crowdstrike, and semis. i like Lam research and Applied Materials. I wouldn't buy right now until the tax bill is voted on. I like cyber security as a way to play stocks that won't get hit by tariffs. Companies also can't just ditch their cyber security to save money. Ask AN how it would go without cloudflare. I like Palantir right here. 

 

I have taken some initial positions in Fortinet and Zscaler as well. I do know the tickers but find it pretentious when people list a bunch of weird tickers. Lol

 

I sold Google as I am finding i use ChatGPT more than a search these days. I sold Nasdaq the company not the index funds as I think they won't get as many listings coming up soon.

[kwonitoy]

37 minutes ago, Cryingdick said:

I have been buying Amazon, Crowdstrike, and semis. i like Lam research and Applied Materials. I wouldn't buy right now until the tax bill is voted on. I like cyber security as a way to play stocks that won't get hit by tariffs. Companies also can't just ditch their cyber security to save money. Ask AN how it would go without cloudflare. I like Palantir right here. 

 

I have taken some initial positions in Fortinet and Zscaler as well. I do know the tickers but find it pretentious when people list a bunch of weird tickers. Lol

 

I sold Google as I am finding i use ChatGPT more than a search these days. I sold Nasdaq the company not the index funds as I think they won't get as many listings coming up soon.

Thanks for the info,

wish I'd bought Rheinmetall last fall when I first started looking at them

I'm into a Rare Earth explorer/ developer in Brazil, that actually have a massive discovery,  with all the bs going on about rare earths people have no idea how difficult they are to mine, and refine. Especially refine.

Meteoric Resources on the ASX

[Cryingdick]

41 minutes ago, kwonitoy said:

Thanks for the info,

wish I'd bought Rheinmetall last fall when I first started looking at them

I'm into a Rare Earth explorer/ developer in Brazil, that actually have a massive discovery,  with all the bs going on about rare earths people have no idea how difficult they are to mine, and refine. Especially refine.

Meteoric Resources on the ASX

It's going into the weekend now and earnings are starting. I would see how the guidance goes.

[pomchop]

So just time the markets correctly no problem? 

 

 Timing the markets is like trying to understand women.  You may think you can figure it out but you will be wrong more often than right. 

 

Good luck.

[frank83628]

On 4/10/2025 at 6:35 AM, Social Media said:

 

Wall Street Rebounds Sharply as Trump Softens Tariff Stance

 

U.S. stocks experienced a dramatic rebound after President Donald Trump unexpectedly announced a reversal on steep tariff hikes, choosing instead to implement a 10% universal import tax. The announcement sparked a surge across financial markets, marking one of the biggest rallies in recent years.

 

The decision comes just a day after new tariffs had taken effect, targeting key U.S. trade partners including Vietnam, which had been hit with a sharp 46% levy. These measures, unveiled by Trump the previous week, were broader and more severe than expected, triggering a steep selloff in equities and a wave of recession fears both domestically and abroad.

 

In a significant shift, the White House stated that higher tariffs would be paused for countries open to negotiation. However, Trump maintained a hard line on China, stating that tariffs on Chinese goods would rise “effective immediately” to at least 125%.

 

 

The market responded with enthusiasm. The S&P 500 soared 9.5%, notching its largest single-day gain since the 2008 financial crisis. The Dow Jones Industrial Average climbed more than 7.8%, while the Nasdaq surged over 12%. Companies heavily reliant on Asian manufacturing, such as Nike and Apple, saw notable gains of 11% and 15% respectively.

 

The market’s dramatic turnaround followed days of intense volatility. Prior to Trump’s pivot, fears of an economic downturn had spilled over into the bond market, with investors dumping U.S. government debt in anticipation of a prolonged trade war.

 

“Although President Donald Trump was able to resist the stock market sell-off, once the bond market began to weaken too, it was only a matter of time before he folded,” said Paul Ashworth, chief North America economist at Capital Economics.

 

Ashworth suggested that the president’s retreat reflects a return to his original campaign promise of a broad 10% tariff across the board, but warned that resolving tensions with China will be a lengthy process. “It is difficult to see either side backing down in the next few days,” he said. “But we suspect that talks will eventually happen, although a full rollback of all the additional tariffs applied since Inauguration Day appear unlikely.”

 

Despite the day’s bullish rally, major indexes remained below pre-tariff levels. The S&P 500 was still down about 3% from last week and over 8% year-to-date. Tariffs on Chinese goods continue to loom large over the economy, with China accounting for more than $400 billion in U.S. imports last year, including 60% of footwear and 36% of apparel, according to the American Apparel and Footwear Association.

 

Prior to the policy shift, the National Retail Federation had warned that shipping traffic through U.S. ports could fall 20% in May compared to the previous year.

 

Following his announcement, Trump expressed optimism about reaching a deal with China and floated the possibility of granting tariff exemptions to certain companies, an approach that contrasts with his previously hardline stance. “I saw last night where people were getting a little queasy,” Trump said, acknowledging market unease while reiterating his intent to maintain tariffs on sectors such as autos, steel, aluminium, and possibly pharmaceuticals and lumber.

 

Political pressure is believed to have played a role in Trump’s sudden change of course. Influential backers like Tesla’s Elon Musk, hedge fund billionaire Bill Ackman, and Barstool Sports founder Dave Portnoy had urged the president to reconsider his tariff strategy.

 

The about-face even surprised major financial institutions. Just before Trump’s announcement, Goldman Sachs released a report warning of a potential recession due to escalating tariffs. Mere hours later, the bank revised its outlook, still predicting minimal economic growth for the year and putting the chances of recession at 45%, despite the softened policy.

 

Ackman, who had previously called for a 90-day tariff moratorium, praised the president’s decision. “Thank you on behalf of all Americans,” he wrote on social media.

 

Based on a report by BBC  2025-04-10

 

 

Oh look, so after all the hysterical Pearl clutching  threads over the 'trillions lost' on the stock market.... its risen....😃

when will you lot stop over reacting at every single thing you read on the news, 

 

[pomchop]

1 hour ago, frank83628 said:

Oh look, so after all the hysterical Pearl clutching  threads over the 'trillions lost' on the stock market.... its risen....😃

when will you lot stop over reacting at every single thing you read on the news, 

 

So the trillions still down is no big deal...unless a part of those trillions were your life savings?  Nothing hysterical about being concerned with massive losses over the past few weeks...it's called reality something like facts that maga seems to avoid at all costs.

[Chomper Higgot]

21 hours ago, Cryingdick said:

You had to either have bought before that or pretty quickly after. The market surged very fast. Smart people and algos act quickly.

 

The smart money sold already and that's why it is down before the open. 

Those with insider knowledge did well.

 

There’s video footage of Trump pointing some of them out in the Oval Office and giving the numbers.

[Yagoda]

Hey how is that stock market going LOL.

 

What a bunch of cowardly, America hating, LOSERS the Panicans are.

[frank83628]

18 hours ago, pomchop said:

So the trillions still down is no big deal...unless a part of those trillions were your life savings?  Nothing hysterical about being concerned with massive losses over the past few weeks...it's called reality something like facts that maga seems to avoid at all costs.

Its the stock market, it rises and falls. You were all pretty silent when it gained after he won the election on the 5th Nov, and again 20th Jan, with bitcion passing 100k.

At the end of the day you guys will never give him any credit no matter what

 

[frank83628]