Jun. 29 at 4:36 PM
Unfortunately but also predictably if you follow the catalyst calendar online, the deadline for the tariff pause of July 9 has pushed Canada and The US back into a war of words, big threats, and positioning. When that’s happening, the market tends to sell off and the ones that spike are the inverse trades like
$HIBS $SOXS and
$UVIX
BUT, so far since Jan we’ve had SIX of these hardball periods with various countries getting hit with tariffs and hitting back-EVERY time it’s just been negotiation.
So AFTER we experience the selloff period aligned with the hard-talk, Canada and the US should come to an agreement and we’ll probably go back to tariff levels everyone’s comfortable with. Tickers like
$OKLO,
$OUST and other major growth stage companies will get back into the normal swing of things. Dips are buys here imo!
And it’ll probably be temporary with another deadline given probably with an endpoint within 3-6 months again. Tbd.