What can we learn about stock market trading related to Trump Trade Wars?
Fears were high going into the July 4 weekend with the market dumping at the close – a highly unusual activity that happened. Usually the market doesn’t move much before a Holiday – it certainly doesn’t sell off/panic like it did this time.
Trump implemented some $34B in tariffs on Friday, July 6 with potential to go $230 B in tariffs.
Yet, the market reacted opposite to what most would think and actually went up.
Here’s where you should have changed your mind and went bullish.