April 4, the market went down as much as April 3, and even BRKB went down 5.5%, which had not really been affected on April 3. Utilities on April 3 were green, but April 4 were down 2 or 3%. GLD had been down only about a percent or something April 3, but April 4 was down 3%. WTI down 7% on the 4th. NatGas only down 1%. On the 4th, USD was flat. European markets were down 3 to 7 % on April 4.

JMP said retail investors bought the largest level of stocks in 10 years, almost $5b, on April 3. Retailers saw opportunity. Robinhood average age of their retail traders is like 30.

No one knows what the market will do. I had gone to treasury etfs a month before, but had started shorting and buying just a bit, and on April3 at around noon it had started to stabilize it looked like so I had bought a bit attempting to make 3 or 4 % before it slowly went down again, but it didn't recover. I lost about 1 or 2% of that smallish trade when I sold before the close, and it continued down another percent or two before close.

China will impose additional 34% tariffs on US goods starting April 10. Chinese finance ministry. Will China drive other countries business to them?

All comments are subject to review.

Please note that comments are not moderated immediately — every comment must be reviewed. This means there may be a delay before your comment is visible.

Comment as a visitor

No account. Fill in your name and the skill-testing question.

Multiply first, then add or subtract.

Comments

0

No comments yet.