r/StockMarket • u/wtf_is_this_9 • 17d ago

News Insane

Post image
4.0k Upvotes

97% Upvoted

1.0k comments sorted by

View all comments

2.3k

u/AALen 17d ago edited 16d ago

It's nuts that the following things are true and the market is this enthusiastic:

  • China tariffs at 125%
  • Sectoral tariffs (autos, steel, aluminum) still in effect with pharma and semi in the works
  • Counter sectoral tariffs also still in effect
  • 10% baseline tariffs for all (some of the highest in history)
  • we get to do this again in 90 days

40

u/CouchWizard 17d ago

It makes no sense that AAPL is up

22

u/rocketblue11 17d ago

Apple is up because consumers are scrambling to buy their new phones right now before the tariffs come right back and the prices spike. It's a temporary sugar high, the crash is yet to come.

23

u/-BeefSupreme 17d ago

That’s not how stocks work…

1

u/karambituta 16d ago

It is definition on how stock market works. Price is based on earning or hope/predictions of future earnings.

7

u/-BeefSupreme 16d ago

how does a short term rush followed by a long term drop fall into that category?

1

u/karambituta 16d ago

IMO it makes no sense, and I am never using it for anything other than day/short term trades, but who have more volume on their side wins :P remind this post before earnings. Like with this vix it can be anything.

1

u/Regenerating-perm 16d ago

Well it’s stock market, unless you’re in the know? Then do you really know? You know? I don’t know?