DEERE & CO stock forum
SPY china has placed a 15% tariff on select items such as coal and liquefied natural gas these take effect Feb 10th. This will make the energy sector bleed today. Among other things china also will include a 10% levy on American crude oil
USO along with farm equipment 
CAT 
DE and certain vehicles these also take effect Feb 10th. We have truly entered a trade war. Let’s see if we bend and back down from our 10% across the board tariffs on china. My opinion this only will fuel the fire and I expect more tariffs in the upcoming days. This is a who’s got a bigger one contest and will likely result in extreme threats from both sides with the date which those tariffs and threat will take affect pushed out just far enough in hopes one folds. That’s the best case scenario. This shouldn’t be treated like the 25% tariffs on Mexico and Canada knowing they would bend. I don’t believe China will back down and to just be honest I’m fearful this isn’t a trade war the US is prepared or capable of winning without absolutely bleeding our economy. Puts will be extremely over priced and for good reason.
DE Time to drop.... see you at the bottom DE
DE I am liking the bullish setup even if it might look like a complete blind gamble right before earnings report. Something about it makes it appealing. ish.
DE Go woke go broke lol
DE How every one so bullish here?
DE Why a long term (5+) view is always better
DE in a parallel downtrend. the 20 day is below the 50 day moving average another signal of a downtrend and below the 200 day moving average. Weekly chart shows the same. Weekly chart has support at the 200 weekly moving average. 