📈 Trump's Surprise Tariffs: Stocks Plummet As Trade War Explodes

🔴 WATCH LIVE: Stock Market News | February 3 2025 - Here's What You Need To Know:
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Here's what is happening in the markets today, Monday, February 3rd, 2025
Trump's new tariffs send market into sudden freefall
European markets plunge as EU tariffs loom
Mexico and Canada strike back with revenge tariffs
Auto stocks crushed as supply chains face danger
Dollar surges to 5-year high amid global chaos
Oil higher on North American supply fears
Bitcoin crashes below $100K - more pain ahead?
Tech giants report this week - can they save markets?
Also this week: Jobs Report
PLUS: How we trade these markets and our current positions
If you enjoyed the "Stock Market Today" video, make sure to ✅ subscribe to this channel: / @rockwelltradingservices
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For more stock market news, visit rockwelltradin...
#todaysstockmarket #stockmarkettoday #stockmarket

[@shelbysmom]

I would like this twice a week also!

[@rockwelltradingservices]

Cool!

[@nasserarefi69]

Thank you for the show .. I still hope you can do it twice a week ⚘️

[@rockwelltradingservices]

We will keep you updated! ;)

[@chase3rd1]

No video today?

[@KaosSonata]

Great show, thank you. (Audio was ok on my end)

[@rockwelltradingservices]

Awesome! Thank you for the feedback.

[@sakuyaizayoi8008]

short term options have a lot of price volatility, how do you choose the right selling price when using wheel strategy?

[@rockwelltradingservices]

When using the Wheel Strategy with short-term options, selecting the right selling price requires careful consideration of several factors. Look for support levels in the stock’s price chart and sell puts at or below these levels to increase the chances of assignment at a favorable price. Choose a strike price that aligns with your risk tolerance and where you’d be comfortable owning the stock. The premium received should reflect adequate compensation for the risk, ideally offering a solid return based on the time until expiration. Be mindful of market conditions, including volatility and upcoming events like earnings reports, as they can impact pricing and risk. Since short-term options experience faster theta decay, selling them allows you to benefit from the rapid erosion of time value. Additionally, analyzing historical volatility helps set a more informed strike price based on expected price movements. Keeping these factors in mind will help you make smarter decisions when selling short-term options in the Wheel Strategy. Let me know if you need further clarification!

[@Reza16888]

Can you talk about what you're doing with your pile of CSIQ shares? What's your game plan? What's your cost basis? What do you hope to happen?

[@sjweaver125]

They took this position sometime in 2023 around August or late July I believe. In looking at the charts that would have been around 34, but I don't remember when they must have done a rescue mission. I am guessing they did this at 13 or 14. But it is all a guess on what they have done in the past. Hopefully they will give us some insight.

[@Reza16888]

@sjweaver125 I am not in an as bad as situation. My cost basis is about $15. I'm just trying to find out what M&M see in this that they don't sell to declare the loss and move on? Yes, let's see what their input is!

[@scottweaver851]

​@@Reza16888I am holding 16 contracts at 14 basis. My BE is 12.51. So I need a breakout. I have been in this dog since Mid October 2024.

[@sjweaver125]

I was thinking that you fellas typically only took 5 wheel positions, but you are discussing another one? Will you consider this week in adding new positions as it appears you will be in your current positions for a bit longer?

[@brendanmclaughlin1853]

Will you guys ever go back to daily updates? Really enjoyed them!

[@rockwelltradingservices]

We will keep you posted! ;)

[@RobbieCoo]

Every single stock of ours goes into a long lasting downtrend. It’s making me sad

[@kkpil1565]

Good day

[@rockwelltradingservices]

Have a nice day

[@tonyvaldez9728]

Thanks you two. 🙂

[@richardthorne2804]

Cant wait to see you Markus in Vegas and you too Mark if you are going. Great show as always, im also in UPS 👍

[@rockwelltradingservices]

Thank you! ;) I hope to see you soon!

[@stevenroberts614]

They’re all back up.

[@BEBERASHICEDTEA]

Hello Markus I have a question when you make a rescue mission do you consider to use your option buying power ( in my case I don’t have any cash available but I have almost 45k available in options buying power) I am considering to make a rescue mission in CSIQ . Thanks for your time and your nice energy !

[@rockwelltradingservices]

Thanks for your question! When considering a rescue mission, using your options buying power can be a viable strategy, especially if you don't have cash available. If you feel confident in the stock and believe it has potential for recovery, utilizing your options buying power to execute the rescue mission could help lower your cost basis. Just ensure that you have a plan in place and are comfortable with the risks involved.

[@DavidUloth]

Great show! If you can do it twice a week, even better! Like Mondays and Thursdays….

[@rockwelltradingservices]

Thank you for the suggestion and for tuning in!

[@KeyMan26]

Can you explain the difference between cost basis and break even. I think I get cost basis: strike less premium(s), but how are you defining the break even?

[@rockwelltradingservices]

Great question! Cost basis is what you originally paid for an investment, including fees. Break-even is the price at which you'd sell to cover your total costs (including commissions or adjustments like dividends). Sometimes they’re the same, but if you’ve adjusted your position (e.g., sold some shares, reinvested dividends, or made options trades), they can be different. Are you looking at this for stocks, options, or something else?

[@stevenroberts614]

This video aged like MILK.

[@MegaJunebug420]

Lol nice dad jokes

[@rockwelltradingservices]

Thank you! We are glad it made you laugh. ;)

[@aquilesroyett3527]

The Sound is pretty bad. We can’t hear you

[@rockwelltradingservices]

I'm sorry that happened during the live show.

[@M5tworude]

Doing what he (Trump) said he would do? What is the surprise there?