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- Trump Shakes Markets—This Stock Stays Strong 🔥
Trump Shakes Markets—This Stock Stays Strong 🔥
Breakout play setting up?
Hey Folks,
I hope your necks are OK after that whiplash we experienced today. 🎢
Believe it or not, the markets were actually UP at the opening bell, before tariff news sent the major indexes tumbling (which caught me off guard, again… grrrr).
By 3:00, Trump said flat out that, “Tariffs — 25% on Canada, and 25% on Mexico — and that will start tomorrow.”
Investors had held out hope that the negotiations between us and our neighbors would bear fruit, but Trump dashed that this afternoon.
If you consider how Trump has handled most of his negotiations thus far, he likes to play the bad cop while his subordinates play the good cop…
So while Trump is talking tough, Commerce Secretary Howard Lutnick told CNN this morning that “[Trump] knows they have done a good job on the border, they haven’t done enough on fentanyl, let’s see how the president weighs that today.”
According to this article, “Treasury Secretary Scott Bessent told Bloomberg TV on Friday that Mexico made a ‘very interesting proposal’ to match the U.S. on tariffs for imports from China.”
President Trump is the ultimate wildcard, so who knows how things will shake out, but it wouldn’t surprise me if we see some last-minute backpedaling or a token deal so Trump can say he won…
Clearly, his deputies are already signaling a potential softening.
What I’m interested in are trade ideas that have a good chance tomorrow regardless of what the market does.
And for that, I’m looking to stocks that actually gained today despite the Nasdaq sinking 2.6% and the S&P 500 posting its worst day since December.
I’ve found one small cap that’s especially promising. The stock has been firming up support over the past week, and today it actually gained 5.5% — despite the market bloodbath.
I think there’s a great chance we’ll see the momentum continue tomorrow, regardless of whether or not we get another pump fake on tariffs.
I’m working on my full writeup for this trade idea right now and will publish it on this page at 9am EST tomorrow.
Be sure to bookmark that page, refresh it at that time, and tune in for all the details!
To Your Success,
Jeff Bishop
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