Don't Chase Ruby Tuesday
We will do the Live Q&A Chat on Wednesday (April 23rd) at 12:00pm ET in the Discord Channel or you can email your questions to support@tradingwithcody.com.
Goodbye, Ruby Tuesday,
Who could hang a name on you?,
When you change with every new day,
Still, I'm gonna miss you.
-- From Ruby Tuesday by The Rolling Stones
Bryce here. It's just another average Tuesday here in boring ole 2025 (ha!) with the indices up nearly 3% (plus another 2% or so after hours) on tariff relief (?) after being down about 3% yesterday on tariff panic (?). The markets are a lot like Keith Richard's ex-girl, Ruby Tuesday, changing every day.
You've got to wonder: if you sold Monday morning because you were worried about a recession and Trump's tariffs and Trump possibly firing Powell, do you really buy today because Trump had a slightly less aggressive tone toward China on tariffs and said he had "no intention" of firing Powell? Recession! No wait, recession cancelled? Like, if that's you...Are you okay, man? Maybe go for a walk or something.
