11/10/25 Recap

The SPY gapped up this morning on the news of a potential $2000 per person “dividend” being sent out to most americans from the tariff money we have coming in. The market loved it so much that it took us back to thursday highs right now as we’ve sold off for the last hour. We’re actually back to looking ok for now being over the 8 and 21 ema, but now we have a large gap below. I even joked in friday’s recap that I was cautious but not really concerned to the point I’d take much of my risk off because Trump always saves us with a pump and sure enough he did just that over the weekend with the big announcement. We’re also getting rumors of the government shutdown possibly ending here shortly possibly as soon as wednesday if you believe these prediction sites and tv is already talking about the santa rally starting, there isn’t much to say, this market is giving you every reason to be long for the moment.

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