📈 Tariffs Paused

This caused the massive rally.

Tariffs Paused

We saw a historic rally in the stock market today, with the NASDAQ rising an astounding 12% and the S&P 500 up 10.5%.

This was based on the news that Trump announced of pausing tariffs on all nations besides China.

Now that tariffs are paused, presumably negotiations will ensue and it’s possible the tariffs are reduced, which is bringing optimism to the market. It’s flat out a different result than the market expected.

Institutions and retail traders alike were caught out of position on this news, and the market absolutely flew.

Stocks to Watch

Tesla was one of the high flyers yesterday and it is one of the most beaten down names. There are a few key levels that are important on Tesla, and once you get above those, you can rip.

Watch the break of the DTL shown above as well and you can possibly test the VWAP of the high.

Funds are still out of position so a continued rally is not out of the question.

For broader exposure to the market, specifically the Mag 7 that are extremely beaten down, FNGA is a great option. It is the 3X bull ETF for FAANG.

Similarly, MAGS is the ETF for the Magnificent 7 that is interesting right now.

Finally, European luxury goods from companies such as LVMHF, RACE, and HESAY are all interesting. With tariff expectations dropping in Europe, a lot of the risk these companies have is suddenly gone.

Yesterday was an absolutely pivotal day in the market. Watch this video where I explain everything that happened and what’s going to happen next: