Personally I hope this is just a case of Trump making an opening gambit by trying to shake things up a bit,  but I will admit I do find it a bit concerning if he sticks to his guns on this one.

Funny, I had heard that something like this might happen from my Chinese counter part ...
I work with China, and with an already weak dollar. Products from overseas will now have their own tariff. It'll be a tic for tat not only from Asia  but from Europe as well. Compound this with us getting out of the TTP was bad enough for me but this....We really don't hold the cards on this long run. Remember that all the goods with a "Made in China" will come with a "Tariff" price increase.  
Look, trying to bring back coal, ok, it's good ink but the cost of steel and aluminum will be expensive. It'll affect the construction industry for one.
Did anyone noticed how the Dow reacted towards this?? a 420 drop.
I'm still trying to wrap myself around what might happen...

-- Modified on 3/1/2018 7:18:31 PM

but the departure of Porter led to the rise of the tariff crowd.  I assume you saw what the markets thought about it.

I agree with you that the finished version will be different, and it will be insignificant to the Market. If Trump is fucking with anyone, it's Canada, Mexico and coming in 3rd South Korea. China steel imports is not even in the top 10.  

He's been too busy getting his holes stuffed by smelly Georgia rednecks to notice Trump's loooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooong list of enormous blunders over the past year.  

Look at the lapse of the Softwood Lumber Agreement (SLA) as a model of how this administration is working. Slapping tariffs on 'competitive' imports, this one being wood and wood products from Canada. Which is screwing with many United States based businesses. Big winners and big losers,

I remember when I did this shit for a living I used to "trade the news", all news, any kind of news that would move markets.  I used to remember waiting for certain guests to appear on CNBC KNOWING what they were going to say and what it was going to do to the markets, or at least what it would do to specific stocks. I am sure there are thousands of traders who are getting rich predicting and profiting from some of the outrageous things that Trump is known to say.

By your post here, its clear you know nothing about economics, let alone “doing this shit for a living”.  If you ever actually did, its abundently clear why you no longer do that.  Do you even know what level two access is?
Trading on the news based on whatever pundit is on some random channel violates every rule of professional account investing, not to mention a fiduciary duty to engage in prudent investment practices you may have neglected to any pigeons you were bilking at the time.

The pussies always looking for the approval of mommy! LOL!

First off lets deal with the bet you claim you would have one, The beauty of the internet is that you can actually PROVE it when someone is either wrong or lying, here's a link to the bet I proposed and I CLEARLY would have won.

Did he take over your account here? LOL.

Tariffs on Chinese products cause inflation across the board with American companies as well.  

If he does this, I believe that he wants to create the most chaos possible.  Just the way he is built.  Which means no exemptions, which means Canada is included.   We are your biggest supplier.  But we also buy 50% of all your steel exports and have a $2B trade deficit with the US in steel.    

I was at a meeting with Trudeau, and he is out of his league. My guess, though, is Trump is setting-up a negotiating position. So far over in crazy territory, that when you end up in negotiations you're happy to get whatever you can.  

I seemed to recall I was at three you were at four.  But after you actually spent the time, days it seems, to find that old thread, you were right.  

Betting on what happens to a particular stock over the next 3-4 MINUTES has nothing to do with it's financials.

After thinking about it for a minute or two, they said, "Fuck this shit". Hopefully now people will take trump with a grain of salt, mostly alot of BS for the camera's. Even the market figured him out. Just as with gun reform, Daca, and now trade...nothing will happen.

based on the news. You may even have heard the cliché “buy on the rumor, sell on the news.” One subset of those market participants who call themselves traders – the day traders – typically buy and sell in a single day and try to make small profits each day by placing bets on an index and the trend for that day. They do not care about “financials.” The PE ratio, the company’s debt, the cash flow etc are irrelevant to their decisions.

but ST C would never forgive me if I neglected to include this chart.

Who give a shit about the parasite to the north?  For Godsakes, they are a pimple on our economic ass.

I guess that makes Jinx the "Idiot".  

The stock went down 10% in one week, and by the time I decided to pull the trigger I think I was down 4% from the price before the news. I’ve owned Wynn for years with a basis between $100 to $125, so I did not have an actual loss. But the combination of the investigations into his gambling license and the class action lawsuits were something I could not quantify. I also feared Macau would investigate and that would kill the stock. Added to LVS which has a much better dividend anyway but mainly I am holding most as cash.

LOL at you trying to educate me on prudent investing.  You are a well known scammer and have nothing to say here.  The age old adage thats been around since the early days of day trading is “The difference between an investor and a day trader is one second.”  You probably wont ever figure that out.

Did you just call GE "fundamentally sound" and that the short sellers took a beating??? That is one of the funniest (and dumbest) things I have heard in a LONG LONG time. Here is a chart on GE, please tell me how the "short sellers got killed" on an issue that is trading only a few cents off it's 52 week low?

It’s no use. You are a complete idiot when it comes to investing or trading assuming you actually think there is any real difference.  I get that you think there is, but it’s really just technique and process.  

Is that the same GE that

Yes.  I get there are plenty of folks that are very concerned about what is happening to GE these days.  But what you posted there has nothing to do with its fundamentals.  Immelt is gone, it has a very good management team now lead by John Flanery, a very capable and intelligent director. GE has a solid book of orders in its core  industries - jet engines, health, and now alternative energy solutions.  Sadly, no more light bulbs, but that was only about 2% of its business.  It jettisoned its financial arm in 2015.  Restating earnings is not a bad thing and only helps it get its feet back on the ground.  It employs 300,000 people.

There must be some "NEWS" driving this stock higher. Damn, like I said 2 days ago, I saw a buy signal @ $163 and change and didn't act on it. That would have been a nice trade based on "NEWS". You gotta tell me when you're selling so I can buy (lol).

Wynn hit 188 today plus they increased their dividend.

I currently do not subscribe to this site. I assume there are other sites like American Bulls. Within the first 10 seconds, you will realize this is a "trading" platform based on technicals and charts. You can still play around and enter a symbol next to the search button, but understand the data is usually end of day. Obviously, one of the values of platforms like this is the instantaneous updates during the trading day.