Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today
Already have an account? log in
The History Of Trump’s Stock Market Will Show ‘A Major Inflection Point’ On This Date…
"My Stock Market gains must be judged from the day after the Election, November 9, 2016, where the Market went up big after the win, and because of the win!”, Donald Trump shouted, from France, at his more than 63 million Twitter followers.
That tweet hit on Sunday evening in the US. Equity futures were in a tailspin and FX markets were in turmoil. It looked as though a Monday meltdown was inevitable.
Around eight hours later, Trump told reporters in France that Chinese negotiators called th
I used to make great prank phone calls when I was a kid. Maybe I should start leaving phony messages with the White House switchboard in order to boost my equity portfolio…(?)
Is anyone else totally burned out on trumpmania and absurd levels of over-saturation? I was sick of it before, but now that we have trump tweets embedded into every bit of market news and technical analysis, I just wanna tune it all out and binge-watch Leave it to Beaver episodes. The hyper focus on trump tweets is way too much here and everywhere!
if you’re managing positions, you can’t “tune him out”. it’s the president of the united states tweeting about trade policy, FX policy and trying to dictate US (and global) monetary policy in real time, all day, during market hours. it makes zero sense to suggest that traders “tune out” something that is moving their positions every, single day. that’s like telling your 16-year-old to “tune out” stop signs and stop lights because they are all over the place and really annoying for anyone who just wants to drive and not stop.
Oh come on H….. That was not really the point Wally tried to make…. Point may have been that superficiality has taken over our financial news to the point that the system can’t differentiate between fact, reality and fiction..But traders will be traders until there is a market for their skills..lol…nite…..
I wonder if Bluto has a proxy trading account? If so, he is a Jesse Livermore X uncountable.
True enough Mr. H, but taken to an extreme, if one becomes overly caught up in hyper trading and or high frequency trading, I would think that hyper-transaction costs and non-stop gaming would take a serious financial toll on someone that was too caught up in trying to outrun chaos. I have doubts that super smart algorithmic trading will be profitable long-term with this type of insanity — maybe it’s a Yuge part of the future, but by in large, micro-short positions and long positions are looking like they have more and more risk, and I think this type of game will spook investors, who will be less willing to play along.
I don’t know that one has to attempt to trade every tweet but one certainly has to monitor them. Substantive policy decisions are now being announced by tweet, and tweets are as close to a real time window into Trump’s psychology as you could hope for.
On the stock chart, note that since the Jan 2018 high, not only has the trend of gains slowed but the selloffs are coming more frequently. Lower reward with higher risk.