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Monday, 17 September 2018

Trade Plan 18/9/18

no major economic figures to be released this week
s&p 500 down 0.56%
dow down 0.35%
nasdaq down 1.47%

https://www.cnbc.com/2018/09/17/trump-puts-new-tariffs-on-china-as-trade-war-escalates.html
additional tariffs on roughly $200 billion of imports from China. The tariffs will take effect on September 24, 2018, and be set at a level of 10 percent until the end of the year. On January 1, the tariffs will rise to 25 percent. Further, if China takes retaliatory action against our farmers or other industries, we will immediately pursue phase three, which is tariffs on approximately $267 billion of additional imports.

no big earnings to be released

HSI might test low of 26,250 today
if trump's news isn't good, it is most likely headed for 26,000
at
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