Here’s a graphical depiction of the S&P 500 and Trump’s statements about buying stocks in the last few weeks:
S&P 500 index hourly chart
And now, markets are rallying further as the US and China lower tariffs in favour of discussions – at least for the next 90 days. S&P 500 futures up over 2.5% on the day, we’re slated to open just above the 5,800 mark. If that holds, Trump’s message from Thursday last week will again yield another positive follow through.
And if you really took to his first message of it being “THIS IS A GREAT TIME TO BUY!!!” before the reciprocal tariffs pause announcement, the return would’ve been roughly 16% as we get to the open later today.
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