May 10th Market Direction

Today’s trading is obviously in gene on the results of the tariff negotiations. This makes trading very difficult not knowing whether the negotiators will be stepping out of a meeting for breaks with smiles on their faces or frowns on their faces. Currently with the indexes trading lower, the consensus is leaning toward not getting any good results today. However, Today’s trading risk is not knowing which way the market may surge based upon results. Today is a good day to just sit and watch.

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