Tariffs on Trial
Hello All,
It’s been a bit of a sporadic week, which initially kicked off with Trump issuing a delay of the 50% tariffs on the EU that were originally set to be implemented on June 1st. Both the Trump administration and the EU came to terms and agreed to push the date back to July 9th to allow time for a potential deal to be worked out.
Following the headline, indices gapped higher earlier in the week, and since then, it’s been a relatively lighter week in terms of economic data and headlines. However, yesterday we did get news of a Federal court attempting to block Trump’s policy, which has since been appealed.
The Q’s have been the best-performing of the indices this week, currently up 206bps, whereas the Dow has been the relative laggard, though it still sits higher by 145bps on the week.
About a month back, we wrote about hard assets & the structural framework behind hard assets given recent events & future outlook along with some historical perspective as well… you can check it out below for those whom may have missed.
Hard Assets in an Era of Soft Money
As global central banks quietly rearm their stimulus arsenals and fiscal deficits spiral past the point of discipline, the foundations of the global monetary order are beginning to crack. Amid this shift, one question looms larger than ever: Are we on the verge of a new commodity supercycle?
We also published the follow up educational piece which has been highly requested and majority of the topics covered were all suggested by you all, so I hope you find good benefit.
For those who may have missed, a link to Educational Piece Part: Deux can be found here.
For those who may have missed the first educational piece, I included the range of topics covered below along with a link to the piece for those who would like to go back and read:
- General background / knowledge on all option strategies
- In-depth talk on risk / reversals & how to go about expressing / utilizing them
- Options Structuring
- When to used naked calls / puts vs. spreads
- Choosing expiration dates
- Identifying key pivots / supports / resistance zones
- General briefing on stock gaps
- What to look for in regards to fundamentals
- Implementing fundamental / macro / technicals into a trade
- Hedging
- Creating risk/reward setups
- Taking profits / managing losses
- Overall Process
- Book recommendations
A link to the first educational write-up can be found here.