NVDA yesterday Larry Fink mentioned in an interview "We are in a recession, and we are not far from dropping another 20%" So the bigger picture is market heading down no matter if we are green in two days or a week .. 🚨
NVDA well well .. is it a bull trap ? 🤔 I believe we will be up in two days then slide down because of Europe coming retaliation on 14 April ! Thoughts ?
GOLD Important Market Insight: Many traders focus only on Buy or Sell signals, but miss the bigger picture. Right now, global markets are under pressure due to rising geopolitical tensions. Stock markets around the world are experiencing sharp declines. It's essential to stay informed, think beyond entries and exits, and adapt to the broader market environment. SPXBTCUSDBTCUSDTNVDA
NVDA The press conference yesterday confirmed my previous made points. For Trump it's not about tariffs, it's about ideology, lies and dislike of the EU. We don't drop things on US-cars to prevent them from being sold and no, we don't build new coal-fired power plants in Germany, we are actually shutting them all down in a slow process. Renewable sources are outperforming coal but since they are not providing enough power all the time, we are already importing massive amounts of LNG from the US. He wants us to buy stuff we don't need. It would be hilarious if it wouldn't be so dangerous.
Since the offer of the EU to drop all tariffs for industrial goods was rejected, EU-tariffs are more likely now. There are a lot of voices in the EU calling for taxing digital services from the US.