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Pastimes : The Philosophical Porch

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To: Real Man who wrote (26054)6/9/2025 6:35:50 PM
From: Rarebird   of 26251
 
I did very little selling of longs during the crash into early April. What I did do ( and you can look it up on this thread) is take huge short positions on SMH, QQQ and MTUM, along with a few other individual stock shorts. That cushioned my portfolio decline to the point where it was extremely modest.

I am seeing very bullish behaviour in regard to the stock market. It is as if a new bull market has started, as incredible as that may sound. Zweig breadth thrust, small caps beginning to lead to the upside again - I think there is further upside - perhaps a lot more upside - in the US stock market.

I also think Trump does not want another stock market meltdown so he is going to chill out somewhat. At this point, he knows going on a tariff rampage again would be counterproductive.

Trump wants trade deals more than other countries, including China. I expect him to continue to soften up his stance and extend the tariff pause.
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