In a game of chess, Trump administration plays checkers.

Was it worth tipping our hand with not much results? How many years will it take before the counter to counter measures gets defeated such that its as effective? Shouldn't the US have kept this in the pocket until dire situation came about instead of frivolous causes?

The US and Israel tipped their hands in showing off all the years of finding counter measures to soviet systems when it attacked Iran not too long ago. However, the opposition learns very quickly. The question is how many times can you do it before it gets counter measured?

Unless massive gap down below key levels.

We know retail has been plowing in. How do we know they ran out of money? It stops going up. NDX peaked late Oct and was the leader.

What makes a market top is not just valuations. It's high valuations plus wrong people buying plus them running out of $.

I should say that market originally spiked higher because they thought it was nothing new like previous Trump tariffs back in 1st term. Then it became obvious the guys who planned it 1st term were more capable than the new guys. I assume same. These guys are dumbasses and don't think through.

This doesn't necessarily mean that Powell will get canned but naming a successor can also mean you get two telegraphs with the successor signaling after Powell what his views are in a way that may negate Powell's announcement.

And I believe he got wiped out.