[00:00] Trump-Xi Meeting Results: Trump and Xi met in South Korea with Trump rating the meeting "12 out of 10" while Beijing says results were "hard won" - setting stage for partial trade deal framework
[00:25] Tariff Reduction Details: US cutting fentanyl tariff on Chinese goods from 20% down to 10%, representing significant de-escalation in trade tensions
[00:31] China's Commitments: China agrees to purchase "massive amounts of soybeans" and make it easier for US to buy rare earths in exchange for suspended export control expansions
[00:49] Deal Status Warning: No ink on paper yet - Trump says deal could be signed "pretty soon" but nothing is finalized, which is the crucial caveat for investors
[00:55] Market Resilience: Despite 24 hours of volatility, stock market remains surprisingly resilient at time of recording, though markets hoped for more solid signed agreement
[01:23] Tech Earnings Mixed: Google delivered strong earnings, Microsoft's good results didn't impress markets enough, and Meta shares sold off - creating sector volatility
[01:33] Trading Position: Host remains long NASDAQ with bullish outlook, expecting continued upside with stop-loss trailed below previous high at 612 on QQQ
[01:45] Dollar Strength: Dollar holding up strong after Powell speech yesterday, adding another variable to market dynamics and trade considerations