SRPP Update: ASTS – T3 Live

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Power Plays Market Update
April 1, 2025

By Scott Redler

I just wanted to chime in with a quick update ahead of tomorrow which marks the tariff deadline.

SPY went as low as $553.68 this morning, just above the real danger zone at $553.

And megacap tech held in decently after the 10 am economic numbers.

President Trump’s news conference is scheduled for 3 pm ET, though keep in mind we could hear headlines all day long.

From a broader strategic standpoint, I’m focused on playing it safe. I’m taking trades fast and keeping plenty of cash to redeploy into weakness.

As far as resistance goes, $564 is key. If the bulls can get and stay above that, we could see an extension higher.

Both our remaining Power Plays – AST Spacemobile (ASTS) and Alibaba (BABA) – may be bottoming out today.

Though everything depends on the tariff news tomorrow and then the jobs report Friday.

So let’s be careful.

–Scott

Scott Redler Positions Disclosure as of 2025-04-01 at 12.25.05 PM

Screenshot 2025-04-01 at 12.25.05 PM

Disclosures

Scott Redler, Derrick Oldensmith, and Patrick Hawe are associated members of T3 Trading Group, LLC (“T3TG”), a SEC registered Broker-Dealer & Member of FINRA SIPC. All trades made by Scott, Daniel, Derrick, and Patrick are placed through T3TG.

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