⚔️ A 3% Market Turnaround in One Session

March 04, 2025

Hello, my friends!

📉 Today’s market action delivered the kind of volatility day traders live for.

⚔️ The session opened on a strongly bearish note, driven by fresh tariff tensions between the U.S., Canada, and Mexico.

📈 Then, in a sudden twist, a series of unexpected peace overtures hit the wires, sparking a rapid recovery and leaving traders to seize opportunities on both sides of the market.

Morning Bearish Headlines

  • Trump: “If companies move to the United States, there are no tariffs.”

  • U.S. Commerce Secretary Lutnick: Countries that can halt the flow of fentanyl may see tariffs lifted (CNBC).

  • Mexico’s President Sheinbaum: Counter-measures to be announced on Sunday.

  • Canada’s PM Trudeau: If U.S. tariffs persist, Canada will consider additional non-tariff measures.

Tensions ran high as Canada, led by Prime Minister Trudeau in his final weeks in office, took a firm stance by imposing its own tariffs.

These moves initially pressured the Nasdaq, fueling a broad sell-off in early trading.

Bullish Reversal: The Peace Factor

Just as technical indicators hinted at a key support level, the narrative quickly shifted.

Surprising peace-oriented headlines emerged, inspiring a sharp market rebound:

  • Ukraine’s President Zelenskiy: Expressed readiness to work with President Trump for peace.

  • Russia’s President Putin: Agreed to mediate between Iran and the U.S. (cited by Zvezda News).

These optimistic developments helped stabilize the market and reversed the day’s bearish momentum, underscoring how quickly geopolitical news can alter market sentiment.

Below, we’ve compiled a timeline of major headlines and the corresponding market reactions within minutes of release.

This snapshot highlights the powerful influence that global events can have on indices and major assets, turning a sell-off into a buying opportunity in the blink of an eye.

Ready to Boost Your WFH Productivity?

Feeling lonely working from home and need a virtual space to stay motivated?

Login or Subscribe to participate in polls.

Partners

Ready to discover the ultimate journaling software?

  • Click here for free trial and if TraderSync meets your journaling needs, unlock 15% off with code: tdi

Are you curious to see the charts in action?

  • Click the heatmap below for your exclusive invitation to Trading-View - and enjoy extra benefits along the way!

Hands Down Some Of The Best 0% Interest Credit Cards

Pay no interest until nearly 2027 with some of the best hand-picked credit cards this year. They are perfect for anyone looking to pay down their debt, and not add to it!

Click here to see what all of the hype is about.

Until next time,
Steve B
Founder, The Daily Impulse

Important Disclaimer:

This newsletter is for educational purposes only and does not offer financial or investment advice. It should not be taken as a recommendation to trade assets or make any financial decisions. Please be cautious and ensure you conduct thorough research or consult with a financial professional before making any investment choices.

Third-party websites are for your convenience and informational purposes only. Please note that we have no control over the content, policies, or practices of any third-party sites. We recommend reviewing the terms and privacy policies of any third-party sites you visit.