Just as we released our Stock Market Outlook for the upcoming week, Trump tweets on imposing more tariffs on Chinese goods (link below). Prior to this information being release the financial market was anticipated to keep moving higher.
This happens all the time. Prior to the financial markets open for trading there is always some type of news worthy event that shakes the market. The negative part of this is that the regular retail trader or investor CANNOT participate in the action. We are left 'hoping' and 'wishing' that when the market opens it will not be as painful as what we are currently witnessing.
This is why it is important to make sure you play the market ahead of everyone else.
I told everyone on our stock market video today that bar any negative news (i.e. Trade War With China) the stock market will continue to make all time highs.
Will I guess you know what we're feeling. We'll have to see where the market is trading at open. But currently that projection is in jeopardy.
Wanted to give you all a heads up about what is going on in the world's economy.