We may trip the first market circuit breaker today. S&P currently down 5.40%.

[LuckyCharms]

First breaker is at minus 7%. Then, minus 13%. 15 minute trading break at each breaker. At 20%, market closes for the day.

I believe yesterday's rise was a gimee to his billionaire buddies.

Now that that is done...look out below.

Caveat: I could be wrong. In fact, I frequently am wrong.

This is not financial advice.

[C_U_L8R]

1. Trump looks really stupid

Taking a victory lap yesterday.... what a buffoon.

[LuckyCharms]

2. What is bothering me is his comment yesterday before he backed off the tariffs...

Something like "now is a great time to buy".

It reeks of blatant manipulation.

[C_U_L8R]

3. He only gets to play that card once

The market is onto his bullshit.

[LuckyCharms]

4. Yep.

As long as medium/long term uncertainty remains, the market will continue to drop.

It's not just "uncertainty" either. it's the fact fact that the most influential man in the world changes his mind like most people change their underwear. He's completely unpredictable.

He doesn't have a "bad" plan, he has "no" plan.

There is no defined goal.

[barbtries]

6. what it was.

very little doubt about that.

[Renew Deal]

9. If he deserves credit for it going up

He deserves blame for it going down

[Lovie777]

5. Devalue of the dollar....

The world have lost faith in the USA leadership the Republican Party want to further harm the middle class and poor.

[Scrivener7]

8. Lots of trolls coming over to see what we're saying about this. I wonder if they've looked at their 401ks lately.

So many dumbasses, so little time.