Week of March 15

A deal is already priced in?

Recap of last week

Last week we bought the dip and are up quite substantially.

QQQ is now trading at 722, and EWY at 197.

We also bought SPY calls mid week, which are up about 20%.

The only trade we took that was a loser was an ES long that got stopped out when Trump said the war was back on. Otherwise a fantastic week.

At this point all signs from both sides point to a deal being imminent. The exact date who knows but time to start planning for a post-deal world, is it priced in by now?

Next move for markets