Posted on 08/12/2025 9:45:58 AM PDT by zeestephen
At 9:45 AM PST - $578
On 07-APR-2025 - QQQ crashed to $402 - After the Democratic Party and the International Hard Left News Media did every thing they could think of to talk down the Donald Trump Economy.
176 points later...!
(Excerpt) Read more at cnbc.com ...
When Trump first imposed the tariffs last May my lib friends said the world was ending. The stock market would crash to unbelievable levels. Understanding how the president negotiates I saw it as a buying opportunity and I did just that. I felt the opportunity was a gimmie and it was.
Funny that I never hear this news trumpeted from our “faithful” news sources.
Making bank this year on the stock market for cash secured puts.
After years of $2T fiscal stimulus (that’s what a deficit is, after all) we have upward stock market.
And the BBB didn’t do anything to cut that so it can continue. Even tariff positive impact on the deficit isn’t going to get it down even to $1.5T.
If you create $2T per year to hand out systemically, it’s hard to have a down market . . . until that ends, somehow.
“Making bank this year on the stock market for cash secured puts.”
Long or short?
“And the BBB didn’t do anything to cut that so it can continue. “
You didn’t read the bill.
Suspect the amendment to tax code 174 in the “Big Beautiful Bill” had something to do with it. Start up tech companies were getting hammered until that revision.
Short position, writing options controls the terms of the sale. But in this case its betting the market goes up, which it has been.
I have been buying ever since Feb and my portfolio is up.
A lot of liberals sold when Trump first announced his tariffs, and they haven’t bought back in yet. Their faulty forecasting, based on ideology, has cost them a lot of money.
Prior month $27 billion
US budget deficit $-291 versus $215 billion expected.
Outlays totaled $630 billion versus $574 billion in July.
Receipts totaled $338 billion versus $330 billion in July
Fiscal 2025 year to date deficit $1.629 trillion versus comparable fiscal 2024 deficit of $1.517 trillion
July outlays were a record high for the month of July Year to date receipts and outlays record high for that.
Most liberals who sold because of tariffs did so in April.
unexpected.
You next to last para is somewhat decisive with only 2.5 months left in the FY?
yeah, admin will some how spin it and blame someone else.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.