I opened a position against the S&P 500 with a leverage factor of -3.
Ranged Forecasts:
Daily: Negative
Weekly: Negative
Monthly: Negative
Quarterly: Negative
Annual: Marginally negative
This forecasting is based on data from after Trump announced a 1 mo hold on tariffs. At the risk opining more than usual, the markets seem to be taking Trump’s tariff threats more seriously than they did last week. Invest at your own risk. There’s no denying that uncertainty is greater than usual. Executive orders don’t fit neatly into a model.
