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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