
Gonna Fly Now...Into a Week of Uncertainty!
Yo Adrian! It's your boy Rocky here to tell ya that Wall Street's feelin' like I did before the Apollo Creed fight – a mix of excitement and well fear! This week's gonna be a real test. See that trade rally we been enjoyin'? It's about to get punched in the face by… tariffs! With not much data comin' out every little thing's gonna be magnified like when Mickey used to yell at me about droppin' my guard. 'GET UP YA BUM!' he'd scream. Now Trump's trade policy is front and center especially with them tariff deadlines loomin'. It's like goin' 15 rounds ya know?
Tariffs: The Main Event!
Alright so the big question is what's gonna happen with these tariffs? Trump's 90 day pause is up and investors are more nervous than Paulie before a date. He's sayin' one thing his team's sayin' another. It's like tryin' to understand what Adrian's sayin' when she's got a mouthful of meatballs! The man's talkin' 'bout sendin' out letters with new tariff rates. He even said 'We have more than 170 countries and how many deals can you make?' It's like tellin' me to fight 170 Apollo Creeds! Then Treasury Secretary Bessent chimes in sayin' tariffs might go back to where they were by August. It's a mess Adrian a real mess!
Deals? More Like 'Rocky IV' Cold War!
Navarro said we'd get '90 deals in 90 days.' More like 90 punches in the face if you ask me! We got a framework with China a deal with the U.K. and some stuff with Vietnam. But investors are watchin' India and sweatin' over Japan. South Korea's not even sure if they'll get a deal. It's like tryin' to train for a fight with no gloves! The market's gonna react to good news sure but any tough talk from Trump could send it spinnin' like I did after Clubber Lang knocked me out. Remember Adrian 'It ain't about how hard you can hit but how hard you can get hit and keep moving forward!'
Profit Takin' Time? Maybe...Maybe Not!
The S&P is overbought which means a lot of folks made a quick buck. Now they're lookin' for a reason to bail to book them profits like when I finally got that endorsement deal after beatin' Creed. Jim Cramer's even talkin' 'bout takin' some profits! If the market opens strong it's gonna be even more overbought. Might be time to stash some cash ya know? It's like when Mickey told me to protect myself at all times. Smart move Mickey smart move.
Earnings: A Sneak Peek at the Champs!
Hold on hold on! It ain't just trade wars Adrian. We got earnings comin' too! Delta Air Lines Conagra Brands and Levi Strauss are gonna give us a peek at how things are goin'. Delta's gonna tell us about travel Conagra about food prices and Levi about… well jeans! It's like checkin' the opponent's training before a fight. They ain't the biggest names but they're givin' us a warm up before the big banks report next week. 'Yo Adrian I did it!'
The Week Ahead: Keep Your Guard Up!
This week's got nothin' much Monday but Tuesday we're lookin' at small business stuff and consumer credit. Wednesday we get minutes from the Federal Reserve which sounds as excitin' as watchin' paint dry. Thursday's got jobless claims and earnings from Delta and Conagra then Levi after the bell. And Friday... well Friday we get to see how the Treasury's doin'. So there you have it Adrian! A week full of trade tension tariff deadlines and a sneak peek at earnings. Remember what I always say: 'Every champion was once a contender who refused to give up.' So keep your eye on the ball and don't get knocked out!
Comments
- No comments yet. Become a member to post your comments.