Jan. 19 at 11:24 AM
$APLD I just checked the European markets. They are all down big. US tech stocks that trade there have crashed including
$APLD and the other AI stocks. The Europeans are preparing to back out of the summer 2025 trade deal with the US and launch their own trade war against the US in retaliation for the new tariffs Trump threatens to impose over Greenland.
Unless Trump backs off today we should expect a massive plunge in this stock and the overall AI sector and all high beta growth stocks. So disappointing to me. This is shaping up to be like April 2025 and later Oct-November/December 2025.
Looking at
$CORD $SQQQ $TSLZ $NVDQ OKLS QBTZ and other reverse/inverse ETFs for tomorrow as those could rise massively tomorrow. But hoping Trump TACOs before market open on Tuesday.
To be clear there is nothing wrong with APLD. It is the macro in thenshort term that the President is ruining. If you look at the headlines in Bloomberg and other financial publications they are flashing red.
