Epic's Account Talk

[tsptalk]

Unfortunately we don't hear about these until they hit the most active, or highest % gainer lists.

The only way I have known to take advantage of these story stocks is to own a basket of them and hope one or two eventually make "the move."

I prefer to trade the ones that have recently started making the move because it brings in a lot more traders and trading volume, and sets up quick trade opportunities - whether selling it short, buying dips, or both.

 

[Epic]

From here>>> LINK

Global stocks have risen after the US and China agreed to slash tariffs on each other's goods for 90 days, in a major de-escalation of their trade war
US Treasury Secretary Scott Bessent says both sides will cut tariffs by 115% from Wednesday, after trade talks in Geneva at the weekend
It means US tariffs on Chinese imports will fall to 30%, while Chinese tariffs on US goods will fall to 10%
Chinese officials were becoming concerned at the impact of US tariffs.....that the situation was unsustainable




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[Epic]

LINK





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[Epic]

30 minutes till the Open, and we're a bit RED this morning. Not horrible, but just a little.
https://www.investing.com/indices/indices-futures



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[nasa1974]

Yeah, not a good day today. All my stocks were RED across the board.

 

[Epic]

Yeah, looks like we're heading for another incoming Dip in all indices across the board. I still have no confidence to jump in, so I'm trying to be patient and wait it out. There's just too many things at play right now on the world stage that can result in major swings Up and Down, and I don't want to get "caught" when things tank based on something that is outside of market fundamentals, like if someone's "tone" is hawkish or dovish. I just can't relate to, and or plan for that.
Meanwhile, in my Fidelity account, I'm playing around with some Penny Stocks. Fairly High Risk, but there's the potential to make some decent money if you catch it at the right time. It's a challenge, and Penny Stocks don't care so much about world events or Market algorithms. At least that's what I've noticed so far. It's kinda fun and keeps me busy while the world tries to figure out which way it wants to go. ¯\_(ツ)_/¯