BABAPDDJDAMZNSPY USA is only 15% of China's exports lmao. Domestic market somewhat matters more for these companies. Asian countries is 50% of China's exports. So will China lose this trade war ??, no but they still lose but not as bad as americans that can't produce locally/too expensive to produce domestically.
SPY I'm bullish on the market and will take a spy call up to my Tp zone 602.83-604 then Flip bearish for 1-2 trading days & look for puts in JPM or PDD