But president should use position now to cut a deal with China on tariffs to avoid hammering consumer confidence.
Precious metals will likely see a quick response to the Jackson Hole symposium later this week.
Evaluating the market and policy discussion ahead of Jackson Hole, and how I am playing Zscaler on this weakness.
Is there enough buying momentum to overcome the resistance and put the indices back in position to test the highs hit in late July?
Do you think the droves of Walmart shoppers, the bustling UPS drivers or the bean counters at Apple give a thought to the technical warning no one really understands? No.
My focus is on being ready to react quickly as conditions shift.
Recessions are a natural part of a growing economy and sometimes driven by fear as much as anything -- so let's pick apart news of the inverted-yield curve to see what all of last week's hype was about.
The market close will be key Monday.
OPEC has no idea how much oil prices can fall, but current prices are not acceptable to the organization.
The strategy with Nvidia entails the sale of a bull call spread coupled with the sale of a bear put spread.