Stocks are bouncing strong again today after President Donald Trump eased some major Wall Street anxiety with a double dose of market-friendly comments.
First, he clarified that he has “no intention” of firing Fed Chair Jerome Powell — a big relief after days of heated rhetoric, and something he can’t legally do anyway.
Earlier this week, he’d called Powell a “major loser” and questioned whether he should stay in the job. But now, Trump’s tone has softened, saying he just wants the Fed to be “more active” in cutting rates.
Second, he hinted at dialing back China tariffs — a huge shift considering the 145% rates previously on the table. The Wall Street Journal added fuel to the fire with a report that tariffs might fall into the 50–65% range. That news sent stocks even higher as traders began pricing in a slightly less chaotic trade landscape.
Meanwhile, Vice President JD Vance noted progress with India, and Treasury Secretary Scott Bessent called the current tariff levels “unsustainable.”
Even Tesla (TSLA) got a lift, jumping 5% after earnings — not for beating expectations because the numbers were horrible — but after Elon Musk said he’d spend “significantly” less time on DOGE starting soon.
Discover Financial Services (DFS) In Bullish Mode
While most of the market has been a mess this year, Discover Financial Services (DFS) has been soaring.
DFS has been on a serious hot streak lately — and it’s not hard to see why.
The company crushed earnings expectations with strong loan growth and signs that delinquencies are finally improving, which is a welcome change after all the recent noise around consumer debt.
Add in the buzz around their upcoming merger with Capital One (COF), and you’ve got a recipe for a rally. Investors are clearly excited about the long-term potential and the value this deal could unlock. No surprise here — DFS is shaping up to be one of the breakout financial names this spring.
At the same time, our Newton Indicator is in bullish mode. As the stock has rallied sharply since April 9, it’s flipped from red to green on the Daily chart.
This indicates it has excellent momentum and could be ready to make a further move higher.
Northrop Grumman (NOC) Looking Bearish
On the flip side, Northrop Grumman (NOC) has just taken a big bearish turn.
NOC is now under pressure due to the fact its recent earnings call was really disappointing. The stock took a sharp hit after the company missed expectations and issued weaker forward guidance — a double whammy that spooked investors.
While defense stocks typically offer some stability, NOC’s disappointing numbers and cautious outlook raised red flags about contract delays and rising costs.
And the Newton Indicator shows that momentum has gone from green to red on a BIG gap down. It looks like it could be ready to underperform.
Overall, a calmer tone from the White House sparked optimism across the board — and markets have responded with a strong rally, even after giving back some of this morning’s big move heading into lunchtime on the East Coast.
Graham Lindman
Graham Lindman Trading
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P.S. AutoStrike Versus the Market Crash: 3-0
A few months ago, Chuck Hughes called me with news he couldn’t share with anyone else yet.
After 40 years of trading (and mentoring me for the past few), he’d finally done something I thought was impossible – he automated his trading method.
As Chuck’s student, I’ve seen firsthand how powerful his strategies are.
His guidance helped me double my account in about six months, posting over $30,000 in profits.
But this new trade engine he built? It’s on another level entirely.
It’s called “AutoStrike” – and it doesn’t just find good stocks.
It scans through 100,000+ options contracts to identify the precise ones with what it sees as having exceptional profit potential.
The kind that can target $500… $1,000… sometimes even more per trade.
I was skeptical until I saw what was possible during one of the worst market weeks in January.
Based on the algorithm… On January 21st, AutoStrike could have flagged a trade on NET that would have paid $1,202 in just days.
Again, a few days later, on January 29th, another alert on FTNT that would have delivered $1,443.
And even by February, it was the exact same story on yet another opportunity with HWM, with a short at $1,225 in profits.
All while the market was getting hammered.
The most impressive part?
Even when stocks like NVDA dropped 8.5% in November and most traders got crushed.
Anyone following these “AutoStrike” alerts had a shot at walking away with $1,077 in profits.
How? Because Chuck and his team programmed it to help you find options with the power to pay out EVEN if a stock drops 10%+ in a month.
Of course, there would have been smaller wins and some that did not work out, and I cannot promise every single trade would play out this way.
But we will share the secret behind his incredible 96.2% win rate on real money trades – and now it’s fully automated, working 24/7.
Just check your phone once during market hours, and all the heavy lifting is done for you.
Just this morning, AutoStrike flagged a new trade setup that’s primed to target profits, and I want to share it with you before the window closes.
These alerts are time sensitive, but you can get your hands on the ticker…
