John Dutemple purchased, for a family trust account, Embraer ADR (ERJ) on Tuesday, April 10 with a limit order.
John Dutemple will buy, for a family trust account, Embrear ADRs (ERJ) after market open Tuesday, April 10.
At the end of Wednesday, the total market value of all the companies that make up the S&P 500 was roughly $24.3 trillion. By close Friday, those companies had lost $1.1 trillion in market value.
The feared trade war reaction from China is expected to affect $60 billion dollars in goods. Even if those exports were banned completely, that's 18 1/2 years of exports' worth of value destroyed in two days.
Yes, China is not the only country involved (poor Norway), but the S&P 500 is not economy either. And, yes, there are multiplier effects, but I think the market may have over-reacted this week.
John Dutemple made, for a family trust account, the following transactions Thursday, March 22 with limit orders:
Bought to cover Harmony Gold (HMY)
Sold short Ensco PLC (ESV)
Sold Huaneng International Power ADR (HNP)
John Dutemple will sell, from a family trust account, Huaneng International Power ADR (HNP) after 10:00 am Central Time, March 22.