06/27/2025 Live Update

[Cobra]

EMA20 now is the bear's last chance for another leg down.

[Cobra]

Members only update at 3:36 pm
https://www.cobrasmarketview.com/2025/0 ... ay-update/

[JFR]

https://www.cnn.com/2025/06/27/business ... rade-talks

Trump is ending trade talks with Canada

CNN -- President Donald Trump said Friday he has put an end to trade talks with Canada and will soon announce a new tariff rate for that country, he said in a Truth Social post on Friday.

Canada is the top buyer of American goods, importing $349 billion worth last year, according to Department of Commerce data. Meanwhile, Canada shipped $413 billion worth of goods to the US last year, the third-highest source of foreign goods.

Levying higher tariffs on Canada would likely cause the country to retaliate by imposing higher tariffs on American goods. That would take a toll on both countries’ economies.

Stocks dropped lower after Trump’s Friday afternoon post. The Dow was up 191 points, or 0.4%, after rising as much as 580 points earlier. The S&P 500, which had been on the verge of closing at a new record high, turned negative, falling 0.06%. The tech-heavy Nasdaq also dipped into the red and fell 0.2%.

[Cobra]

Members only update at 3:50 pm
https://www.cobrasmarketview.com/2025/0 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Monday looks like: https://stockcharts.com/public/1684859/ ... /533449377

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449377