The Banker
Diamond Member
- Banned
- #1
IMO the markets are WAY too overly optimistic about a trade deal getting done. China is never going to cave to Trump. China will wait this out until the election and hope Trump loses so they can negotiate with somebody else that will not take such a hard line.
I don't see China giving in to Trump's demands and I see this escalating.
I am looking for China to announce their retaliatory tariffs against the US hopefully this weekend or very soon, which should cause a small drop in the market and a good opportunity to sell Put spreads against GOOG again. Friday was a good day for me $.
I don't see China giving in to Trump's demands and I see this escalating.
I am looking for China to announce their retaliatory tariffs against the US hopefully this weekend or very soon, which should cause a small drop in the market and a good opportunity to sell Put spreads against GOOG again. Friday was a good day for me $.