Buy when there’s blood on the streets? Is this enough blood?

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I need to consult my magic eight ball, but I think there's more blood still to come. Kicking myself for not loading up on puts earlier, I just figured most of this was priced in because we knew tariffs were coming on the second. Could not have been more wrong on that count.

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Exactly, that's why I'm sitting on the sidelines for now. I remember seeing this happen during COVID with all of Trump's Rose Garden speeches, where he'd trot out CEOs and mention companies by name and send their prices soaring. The fact he didn't do an immediate about-face after the market plunged yesterday makes me think he might actually be committed to this trade war, but I'm not willing to bet on it.

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it’s definitely tempting when things look as grim as they do right now.. I think this is an unusually high level of volatility, but obviously it’s all about timing and risk tolerance. If you believe in the long-term potential, it could be a good moment, but only if you're comfortable with the volatility!

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There's uncertainty and then there's just total ignorance. I feel like I'm in the latter camp in this market. A coin flip is the best I can do to guess where things will head - maybe worth betting a few $100 but I'm not comfortable trying anything more than that.

He’s in a fight with the Fed unwilling to lower rates.

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