In light of the recent market sell-off triggered by President Trump’s announcement of new global tariffs, we will reduce our exposure to risk assets and increase our holdings in cash and fixed income to preserve capital.
Global equities plummeted for a second straight day on Friday, confirming the Nasdaq was in a bear market and the Dow into correction territory, as China responded to US tariffs, escalating a global trade war, sparking fears of a global recession
JTrader Daily: Best set ups for Monday 5th April 2025!
EDV, SHL, TCL, WOW, XAM
“Bulls vs Bears,” provides a comprehensive overview of current market trends, economic developments.
The ASX 200 is on track for its worst weekly decline since September 2022, plunging 3.5% as global markets reacted sharply to sweeping US tariff hikes that have heightened fears of a global recession. On Friday, the index fell 2.2% or 172.5 points to 7687.2, with ten of eleven sectors in the red. Energy stocks led losses, slumping over 7%, after OPEC+ unexpectedly announced plans to significantly increase oil supply in May, sending Brent crude below $US70 a barrel.
US Equities and commodities suffered their biggest one-day slumped since 2020 after U.S. President Donald Trump announced comprehensive trade tariffs, prompting fears of an all-out trade war that could result in a global recession…. Then described it as “going well”
JTrader Daily: Best set ups for Friday 4th April 2025!
AAR, EBO, EMR, SGI, SSM
The Australian sharemarket shed $26.2 billion by lunchtime amid a wave of new US tariffs announced by President Donald Trump, triggering a sharp sell-off across global markets. The S&P/ASX 200 fell 1.1%, or 85.3 points, to 7849.2 near 2pm AEDT, with 10 of 11 sectors in the red. Technology and property led declines, each down over 2%, while consumer staples edged higher.
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Stocks finished 1% higher in the day session ahead of President Trumps “Liberation Day” announcement…. That’s when things turned nasty with the major indexes falling over 3% after market
JTrader Daily: Best set ups for Thursday 3rd April 2025!
AMA, FDV, LAU, MHK, ZEO
The ASX 200 rose 0.2% to 7941.6 on Wednesday afternoon, buoyed by a strong rally in property stocks that helped offset weakness in major miners. Eight of the 11 sectors traded higher, with real estate leading the gains, up 1.8%. Goodman Group climbed 3.7%, Charter Hall advanced 3.3%, and Stockland gained 1%.
