Tackle Today: My Girl
December 4, 2018
≈ I’ve got so much honey the bees envy me. ≈
I don’t need no money, fortune, or fame.
I’ve got all the riches baby one man can claim.
I guess you’d say
What can make me feel this way?
My girl.
I’ve sung this song the whole weekend thinking about the G2 meeting.
Yes, G2. Drop the zero. There is no twenty there, just two. USA and China. The Sino-American relationship is something to write a book about, I gotta tell you.
They know the dangerous outcome of a war between the two countries. They know they have the power to unleash hell in trade. As pointed out by Coach Matt in his special report, “When face to face, things go well. But as soon as they return to their daily chores, things get rough again. Markets will probably get bullish but Tackle Traders will approach such optimism with care.”
We’ve seen it before, didn’t we?
There’s just too much at stake. “Under the plan, the two sides would discuss forced technology transfer, intellectual property protection, nontariff barriers, cyberintrusions and cybertheft, services and agriculture.”, newspapers said.
Do you think that two and a half hours of sirloin steak, vegetable salad with a basil mayonnaise, and caramel rolled pancakes can save the relationship? It takes two to tango.
Reading the news about the event was like witnessing the wonders of the copy/paste process. Same sentences on each and every news media out there. Stop now and go read our special report here.
Just like Vada and Thomas in the 1991 movie “My Girl”, Trump and Xi kicked a beehive. Who’s gonna die in this 2018/2019 remake?
Chart of the Day
Kicking the beehive
Video of the Day
G20 Market Analysis
For much of the past year the world markets have been embroiled in a seemingly endless loop of escalation and de-escalation of trade tariffs and threats of more tariffs. However, on Saturday night at the conclusion of the G20 summit meetings China and the United States agreed to a ceasefire in their bitter trade war on Saturday after high-stakes talks in Argentina between U.S. President Donald Trump and Chinese President Xi Jinping, including no escalated tariffs on Jan. 1, 2019.
Today’s Lineup
Traders Lounge 11am EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
The Coaches Show 8:30PM EST
This is our weekly MasterMind group. Join the coaches tonight, 8:30pm EST to discuss the markets and help you prepare for the week.
Halftime Report 12:30pm EST
The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day and fun in a way that only Matt and Tim can deliver.
Market Recap 4:30pm EST
The Market Recap is designed to give you a quick overview of the day that was. While brief, this report is designed to cover all of the major events that drove the markets that day and help you plan for the trading day ahead.
