Fast Money Blog- 4/25/25

This week the stock market continued to react daily to the news coming out of the White House regarding tariffs. 

Once again I’d like to remind you that we are in unprecedented territory. 

So here’s the latest as of Friday, April 25th:

The market saw good earnings from S&P component Alphabet, Inc. (GOOG) and other tech companies. 

President Trump stated on Friday morning that “we’re meeting with China” on tariffs. By contrast the Chinese Foreign Ministry spokesperson said "China and the U.S. have not consulted or negotiated on the tariff issue" and "the United States should not confuse the public.”

So What Does All Of This Mean?

Simply put, we are at an economic war with the world. This economic war defeats the principle of globalization and is bound to instigate a decline in GDP growth around the world. 

Over the next 60 days I think we will continue to see volatility at an all-time high.  In all of your trading accounts you should be selling 3 week out-of-the-money covered calls with a trailing cost basis. 

Important note: Although many of your long-term positions are off their 52 week high, if you are skillfully trading, you are still collecting dividends and out-of-the-money covered call premiums as a form of residual income. 

I expect a resolution on all tariffs by July 4th, 2025. 

Be patient. Be positive. 

Tyrone Jackson, The Wealthy Investor