Cobra's Market View

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

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/ ... /533449381

Cobra wrote: ↑Tue Apr 08, 2025 3:40 pm

JFR wrote: ↑Tue Apr 08, 2025 3:07 pm ES 5 minutes.

Down Day Tuesday.

Trading Range for 90 minutes.

Will China cave in, buckle to 104% tariffs? I don't think so.


Screenshot 2025-04-08 120007.png

Screenshot 2025-04-08 120523.png

Screenshot 2025-04-08 122515.png

Rumors saying China may respond with taxing services sector which US has huge surplus. We'll probably know tonight then perhaps another bloodbath day tomorrow.

China is the big kid on the block. It is curious why Trump is trying to bully them. Maybe they refused him some real estate projects.

Services are USA's huge export surplus. China knows how to fight.

JFR wrote: ↑Tue Apr 08, 2025 4:33 pm

Cobra wrote: ↑Tue Apr 08, 2025 3:40 pm

JFR wrote: ↑Tue Apr 08, 2025 3:07 pm ES 5 minutes.

Down Day Tuesday.

Trading Range for 90 minutes.

Will China cave in, buckle to 104% tariffs? I don't think so.


Screenshot 2025-04-08 120007.png

Screenshot 2025-04-08 120523.png

Screenshot 2025-04-08 122515.png

Rumors saying China may respond with taxing services sector which US has huge surplus. We'll probably know tonight then perhaps another bloodbath day tomorrow.

China is the big kid on the block. It is curious why Trump is trying to bully them. Maybe they refused him some real estate projects.

Services are USA's huge export surplus. China knows how to fight.

When you said "big kid on the block", my first read was "big kid with brick". I thought, wow, you're so sharp!

Cobra wrote: ↑Tue Apr 08, 2025 4:54 pm

JFR wrote: ↑Tue Apr 08, 2025 4:33 pm

Cobra wrote: ↑Tue Apr 08, 2025 3:40 pm

JFR wrote: ↑Tue Apr 08, 2025 3:07 pm ES 5 minutes.

Down Day Tuesday.

Trading Range for 90 minutes.

Will China cave in, buckle to 104% tariffs? I don't think so.


Screenshot 2025-04-08 120007.png

Screenshot 2025-04-08 120523.png

Screenshot 2025-04-08 122515.png

Rumors saying China may respond with taxing services sector which US has huge surplus. We'll probably know tonight then perhaps another bloodbath day tomorrow.

China is the big kid on the block. It is curious why Trump is trying to bully them. Maybe they refused him some real estate projects.

Services are USA's huge export surplus. China knows how to fight.

When you said "big kid on the block", my first read was "big kid with brick". I thought, wow, you're so sharp!

Ha ha. Yup. About the same thing. Big kid. Big kid with brick.

JFR wrote: ↑Tue Apr 08, 2025 4:33 pm China is the big kid on the block. It is curious why Trump is trying to bully them. Maybe they refused him some real estate projects.

Services are USA's huge export surplus. China knows how to fight.

It's not curious at all, and calling them the big kid on the block points out why both sides have problems. America has been the reigning superpower for a long time, and now a dictatorship is trying to take over. Meanwhile, Xi needs to be domestically perceived as the big kid to hold power and prevent a pro-democracy movement. The classic method is to use external conflicts to direct the people's attention at foreign rivals. The political situation in the US has gotten so divided that it has to use the same method, as evidenced by Democrats using Russia as the official enemy and calling dissenters "Russian assets."

The US and China have no choice but to have a showdown, and the internal propaganda in both countries has indicated that plan for years now. Trump decided to take the initiative before Xi does. The two of them have probably discussed where the real red lines are and agreed to duke it out in designated arenas.