Skip to main content

This is crazy folks- check out the S+P 500 again now

Well, subsequent to the previous update on the so called 90 day delay on US tariffs, the S+P 500 charged to above 5,260. That means it lifted more than 400 points above the lows and most of that move came in just a few minutes. Well, in that update there was a warning issued here; that his news did not come from Trump and as such could not be taken as read. Well, since then White House officials have stated that they are not aware of any such policy shift. So, the S+P 500 shunted back down towards the 5k mark almost as quickly as it rose. The markets are incredibly volatile and in terms of the S+P 500 price action, as volatile as this analyst has ever seen and that is quite something to say. Cynics might say this was all contrived and of course it might have been. The S+P 500 is now trading back below 5k once more, right now at 4,995 

Ready to Get Started?

Start here. Join over 3M Libertex users around the world!