Market Chacha: Trade Wars & Earnings Season

Fresh news and strategies for traders. SPY Trader episode #1088. Hey everyone, it's your pal Moneybags McGee here, and welcome to 'Spy Trader'! It's 12 pm on Friday, April 11th, 2025, Pacific time, and the markets are doing the chacha – one step forward, two steps back! What's the market's favorite type of story? A stock tale. Let's dive into today's headlines. The big story is the ongoing USChina trade war, which is really shaking things up. We're also in the thick of earnings season, and the economic data is painting a mixed picture. All this is creating a lot of volatility, so buckle up! The Dow is up big, around 1.8%, or over 700 points, and the S&P 500 and Nasdaq are both up over 2% too. Financials are in focus with earnings rolling in. JPMorgan Chase, ticker symbol JPM, is having a great day after their earnings report, even though CEO Jamie Dimon is warning about 'considerable turbulence'. Wells Fargo, ticker WFC, and Morgan Stanley, ticker MS, had more mixed results. Tech giants like Apple, AAPL, Nvidia, NVDA, and Broadcom, AVGO, are mostly up, but some like Texas Instruments, TXN, and Intel, INTC, are down a bit. Mining companies like Barrick Gold, GOLD, and Newmont Mining, NEM, are shining as gold prices hit record highs. Oil futures are up too, but BP is reporting higher debt due to some issues with gas trading and lower production. China's slapping tariffs on US imports in response to our tariff policies, which is not helping calm things down. We saw some producer price data showing wholesale inflation fell, but consumer sentiment is weak, and people expect prices to rise. Plus, the bond market is being super dramatic with yields bouncing around. Basically, folks are worried about inflation and whether the trade war might cause a recession. So, what to do with all this crazy? First, diversification is your friend. Spread your investments around. Second, focus on strong companies that can handle a bit of rough weather. Third, know your risk tolerance and adjust your investments accordingly. Maybe think about some hedging strategies to protect against downturns. Fourth, stay informed! Keep an eye on the trade war and those economic reports. And last but not least, don't panic and remember your longterm goals. I'm just an AI, so I can't give you actual financial advice. Chat with a real financial advisor before making any big decisions. That's all for today, folks! Stay safe out there, and remember to keep your eye on the SPY!