this bull really cannot play play. just corrected a little few days back, now already want to rebound. the buy on dip strategy seems broadly used by most investors now.

From what illness?

I have a few questions regarding the funding portion of the account..

regarding the best way to do it and which bank to do it from (if the charges are different)

appreciate if you guys can help me out

But another hike this yr and 3 more hikes next year is definitely more aggresive than most concensus. Along with the assets develeraging, hope the economic is strong enough to withstand this.

This could also mean interest rate in MY might rise (which should have) and affect the economy.

Hi, i have an account with Merill Lynch.

Is it possible to transfer the account to any local brokerage account?

Newbie btw

The escalating US-China trade war has so far been shrugged off by a US stock market that continues to see valuations climb higher. But with the Trump administration threatening to slap tariffs on everything it imports from its largest trading partner, concern is finally brewing.

Both Goldman Sachs Group and JPMorgan warned in notes this week of potential danger posed to US corporations by a full-blown trade war with China, Bloomberg reported.

Goldman Sachs went so far as to say that, should the Trump administration slap 10% tariffs on all Chinese imports, the hit to earnings could lead to a bear market.

The calls come after UBS strategist Keith Parker warned last week that new rounds of China tariffs pose a threat to the resilience of US stocks.

http://www.atimes.com/article/goldman-warn...a-tariffs-loom/

Tax on chinese import mean cost rise for u.s. importers/companies or/and rise in inflation rate for consumers.

in retaliation, china gomen could make life difficult for u.s companies e.g. starbucks, apple, mcdonalds, kfc, coca cola, etc operating in china e.g. more inspection, increase local tax, etc, which eventually will have negative impact on u.s companies income.

How much of chinese import are manufactured in the u.s?

Fuhhh. Diarrhea.

there you go....sell on news play continues....

playing Uber happily? too bad, bloodbath has not been strong.

big problem for huawei phone department, definitely. Today's news in Malaysia, when reporters went on street to interview some malaysians about this, most of them simply replied won't consider to buy Huawei phone in near future until things cleared.
And, also big problem for huawei's major revenue driving busniess, telco (aka 5G for near future). Without mature suppliers for chips, it will be nightmare. To replace that with Huawei's own hardware technology can take years to establish a solid supply chain.

my take for it: how long can Trump continues to be president of USA? if the day he step down, will that be the end for trade war?

So far, it's been around -7% for Dow, -6% for SP500 and -8% for Nasdaq (from the top)
Almost closer to that -10% correction territory. A lot of trader watching this too because likely they'll come and buy this 10% dip if it gets there.

crazy market, taking any excuse to do big rally 

Rate cut could only mean negative outlook, any stocks price rise is likely short lived.

We need some psychologist here to read and predict what's trump's next move, cause now bear or bull he is the ultimate decider= twitter 

Guys,

Another opportunity this week is the G20. Watch for Trump tweet again. Xi JinPing and him supposed to meet up but I don't think there will be any agreement at all. Bears will come out and play again. 

Trump turns into bear attack tonight.. addl 10% tariff on 300bln of stuff.

Now we know why he wasn't happy with just that 25bps Fed cut. He got plans after all.. 

Yield inversion again and this time no response from market. We are really in a new era of super low yield.

Capital intensive industry surely benefiting from this. Airlines, Miners, Heavy Equipment manufacturers ? Anyone else feel there are opportunity in these sector ?

No...fed won't raise rate but market expects Fed to LOWER rate but Powell tonight didn't indicate anything short of "we will act as appropriate to sustain the expansion". Therefore, no 100% commitment that there will more lower rate but depending on data later.
I think he wants to save his ammo for real recession later. 

Trump is very angry..berates Powell immediately. China announced more tariff on US products in retaliation for Sept 1st.
Market sold off.

We're going down for sure. Let see if the 200 day will hold as support here. Bears haven't really mount full scale attack yet.

Update after market, DT added:
250 bln to 30% (Oct 1)
300 bln to 15% (Sept 1)