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    Trump left Beijing with no deal, just “fantastic” conversations… and the market punished tech immediately!

    Trump flew home from Beijing. No trade framework. No Taiwan agreement. His words: "fantastic conversations."

    $INTC dropped 6%. $AMD lost 5.7%. $MU fell 6.6%. $NVDA shed 4.4%. The S&P closed down 1.24%, Nasdaq down 1.54%.

    The summit produced zero binding commitments, and the market knew this was a possibility going in. Yet we ran the S&P to 7,500 and the Dow to 50,000 anyway.

    $CBRS IPO'd Thursday, opened at $350, closed at $311, then shed another 10% Friday. That's the whole story in one stock. Pure sentiment, zero fundamentals required.

    At what point do we admit that macro traders are just playing a news ticker and not actual data?

    Trump left Beijing with no deal, just "fantastic" conversations… and the market punished tech immediately!
    byu/SuccessOdd382 instocks



    Posted by SuccessOdd382

    18 Comments

    2. kinetic_honda on

      It’s fine, there are some great deals in the market right now and any additional weakness should be thought of as a buying opportunity

    3. TheRedditModsSuck on

      Honestly, I wouldn’t even read into it. These large percentage swings are nothing new to these stocks anyway.

    4. Pura700c on

      Or….Fed Chair transition, a PPI of 6% vs 0.5% estimate, oil rising, yields over 5% on the 30y, B of A printing two rate hikes 2026, forced selling rules in macro funds worth trillions, profit taking on a parabolic run.

    5. NoNDA-SDC on

      I also wonder what we gave them exactly, all he’s said is what China’s buying! Something’s fishy… 🤔

    7. Ragebait_Destroyer on

      Theres a big air pocket below $SPY $740. Can you hear that sucking sound?

      Hormuz no deal.

    10. Lentil_Limbo on

      Yeah, I don’t think the market cares about the China trip even remotely. It all comes back to bond yields and renewed calls for rate hikes.

    12. awfeel on

      Probably had more to do with his stern words with Taiwan hours later over declaring independence etc no?

    15. Muntberg on

      Yep you better sell everything then, let the non-hystericals keepaking money.

    16. nonotmeporfavor on

      This move is a long time coming and as the saying goes. Escalator up elevator down.

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