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Joined 2 years ago
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Cake day: July 6th, 2023

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  • Trading stops at the end of day, for accounting purpose. Some traders can still access over-the-counter trades but they are not required to be reported (if I remember correctly) until sometime in the morning of the market they’re made in. You will see some price movement when London and the DAX open.

    Watch futures for a good price estimate. ES for SPY and NQ for Nasdaq.



  • I have two smaller businesses, and I’ve both laid off due to expected decrease in business and bought supplies ahead due to expected shortages.

    You’re good putting together that you wouldn’t build a factory right now because uncertainty doesn’t let you predict returns. Not only can you not predict the next president and their tariff policy, I wouldn’t say you can predict trump’s actions tomorrow. I heard an interview John Bolton did today, and he said something along the lines that “trump doesn’t think, he reacts.” Tariffs could be zero or 500% next month or next year or tomorrow. The safe move is to wait and see - and while everyone waits and sees, only small-scale production will start, definitely not enough to sustain demand.

    Honestly, if I had the money to build a factory right now, I’d park it and wait to buy one from a company that fails in all this. It would save so much money.