May 20 The market takes a breather

$QUBT $HD $PDD

Market

“Everyone’s favorite wet blanket, JP Morgan’s Jamie Dimon mentioned again that the markets were discounting tariff impact and expected much lower S&P earnings”😊 😋

After 6 days of higher highs, the markets took a breather

Home Depot announced good earnings and said it was not going to raise prices, unlike $WMT ( ▼ 0.33% ) mostly because it feels the increase in costs will be minimal to system. $HD ( ▼ 0.61% ) has 16% exposure to China tariffs it said in a filing.

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Insights from the portfolio

Video of the day

Today’s video is on PinDuoDuo $PDD the Chinese ecommerce retailer and owner of TEMU

Deep dive of the day

Good setups for swing