If Trump can shake up the market with a social media post, this news should definitely have an effect.
I'm curious what others are thinking with the NVDA earnings coming out positive. This should affect a bunch of our favorite options stocks. SPY was up $6-7 at 6:30ish.
I'm struggling between just going all in on calls in the morning or buying strangles a week or two out.
Federal Trade Court: Trump doesn't have authority to institute sweeping global tariffs.
byu/GortimerGibbons inoptions
Posted by GortimerGibbons
7 Comments
My calls are saved?
SPY is now up $9. Glad I bought a call this afternoon.
Judge Panel: IEEPA’s limited authorities may be exercised only to “deal with an unusual and extraordinary threat with respect to which a national emergency has been declared . . . and may not be exercised for any other purpose.”
Trump: Extraordinary Threat, you say? National Emergency, you say? Hold my beer.
*immediately goes full scorched earth*
Insurrection act incoming
More uncertainty for businesses, bad news for stocks. Companies want to know how to plan and manage, now they’re back to square one as administration fights in courts.
trump will condemn the court this week and then next week say how the stock market is doing so well under him.
“The activist radical extremist leftist woke federal court is trying to stop me from making America a circus again!”
Him probably tonight at 3 AM