Massive Gains Are Holding

May 13, 2025
Author: Peter Stolcers, Founder of OneOption
Author
Pete

The market staged an impressive rally after the Chinese trade agreement.

PRE-OPEN MARKET COMMENTS TUESDAY - Yesterday the S&P 500 surged almost 200 points higher after a trade deal with China was announced. The tariffs will be reduced to 30% from 145% and China will also lower its tariffs on US goods. We can expect other trade deals to be announced, but this was the 800 pound gorilla and the rest will not pack the same punch. They will provide upside impetus.

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