SPX, QQQ, TSLA, NVDA, MSFT! <200dma / 25% tariffs on cars, 'trade war risk' up / WTI @50$ doesn't work for BigOil
- Stéphan
- Mar 27
- 3 min read
Markets : #Nasdaq did a textbook rejection off the 200 Day Moving Average, #SPX was briefly above it (just) 5750 area...we eluded to these Very key levels recently... #TSLA same picture back below 200dma (AND many other big names), #BABA launches (another)..new open source AI >>> MAG7 to LAG7 etc.... #MSFT news below is big (#NVDA etc), #recession calls and worries clearly on the increase >>> again overall, risk is market is NOT prepared for a 'trade war', that Trump seem to be going for...together with a few hints of (so far) light reciprocals
BTW, #SPX closed on election day at 5'783, exactly the same level it closed on Monday
Microsoft pulls back from more data center leases in US and Europe, analysts say
China : Pauses New Deals with Li Ka-Shing's Businesses amid Panama Ports Controversy
BOJ to keep raising interest rates if economy, inflation remain strong, Ueda says, all this market needs is a decent bout of JPY strength #carrytrade, Japan’s 10-year government bond yield surges to around 1.595%, reaching its highest level in 16-½ years
Tariffs are reducing activity in the US oilfields. Drill Baby Drill is dead >>> $50 barrel does NOT work for #BigOil
That Signal chatroom, bottom line, members of Trump administration lied, and The NSA had WARNED of vulnerabilities in Signal app a MONTH before Houthi strike chat
Trump said he's looking at setting up some sort of government "compensation fund" for the January 6 criminals that he pardoned
Air travel between U.S and Canada drops sharply - surprised? not really
Walmart’s CEO warned that customers are struggling to make ends meet, buying smaller items and running out of money before the end of the month
Musk has 'destroyed' the TSLA brand value and IMHO investors still do not realize how bad it is, investors still believe 10's of billions of future revenues growth in robotaxis and self driving, not going to happen under #TSLA
Rutte threatened Putin with a crushing blow and promised to defend Europe at all costs
"The only thing that Russia understands is power. It's the time to be hard, not soft, with Russia." –Alexander Stubb, President of the Republic of Finland
NEXTA on X: "‼️BREAKING: Rutte threatened Putin with a crushing blow and promised to defend Europe at all costs During an appearance in Warsaw with Polish Prime Minister Donald Tusk, the NATO secretary general said that the Russian Federation was and remains the biggest threat to the https://t.co/pWY9UvDS5M" / X
AIR TRAVEL BETWEEN U.S. AND CANADA DROPS SHARPLY Flight bookings between Canada and the U.S. are collapsing, according to airline data provider OAG. Compared to this time last year, bookings are down over 70% every month through the end of September, according to the firm's analysis. Canada is typically the top source of international visitors to the U.S. "This sharp drop suggests that travellers are holding off on making reservations, likely due to ongoing uncertainty surrounding the broader trade dispute," OAG says
Couldn't agree more - uncertainty for longer >>> watch earnings repüort guidfance in April ''haven't got a clue, no guidance'.... will be the word
The Kobeissi Letter on X: "The trade war is back: Markets are expecting Trump's April 2nd reciprocal tariffs day to be the "end of uncertainty." But, we believe it will be the exact OPPOSITE, which is why tech stocks are down over -$400 billion this week. Here's what's coming next. (a thread) https://t.co/UPfm1lF7dh" / X
Keep an eye on these!! they tend to arrive all at the same time (many key single stocks, including SPX and/or QQQ...correlation works well on the way up, but it works on way down too..) NVIDIA's Death Cross Update and Price Targets
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