Could Q2 flip the script on everything we’ve seen in the market so far this year? Nate Tucci sure thinks so!
Find out why he thinks Q2 could surprise everyone!
According to the Trump Administration, the tariffs that the President and his advisors are constantly threatening won’t actually take effect until April 2.
April 2 because, according to the President, he doesn’t want to be accused of an April Fool’s Day joke…
But for the markets, tariffs have been no laughing matter.
Overnight, we saw shares of Nike (NKE) and FedEx (FDX) fall off a cliff when both reported that tariff threats would likely affect their future revenues.
And that’s what I call the “lagging effect” of tariffs.
On the one hand, I agree with many of our experts that tariffs are largely priced into the market at this point and there is probably going to be a bullish recovery soon — even if it’s followed by another move lower.
On the other hand, I don’t think there’s any accounting for how many of these FDX/NKE type moments there could be in the coming weeks or months.
There’s no eliminating that, because, on a stock-by-stock basis, there’s no way to predict the emotional reaction investors will have to bad news.
So it’s something to be extremely aware of over the coming months.
On the other hand, if you’re a big believer in companies like FDX or NKE long term, price drops like these might be a good opportunity to load up on shares.
There’s always a sunny side to even the most bearish of markets — you just have to have the right attitude!
Hopefully your accounts are still looking better going into this weekend than they were last weekend.
Enjoy the basketball, and I’ll see you on Monday! (After you check out the Weekly Roundup tomorrow!)
To your prosperity,
Stephen Ground
Editor-in-Chief, ProsperityPub
