"Trump trade" and dealing with "Trump trade"
Analysis suggests that, in response to potential tariff shocks, it may be appropriate to adjust the exchange rates of the Renminbi to cope, and it is recommended to avoid some heavy asset enterprises. Potential tariffs may lead to a contraction in external demand, prompting a stronger focus on stimulating domestic demand, potentially elevating consumer to an unprecedented level in financial stimulus.
Express News | Trump Media & Technology Group's pre-market trading rose by 4.5%, after falling 11.7% the previous trading day.
Express News | Trump Media & Technology Group Shares up 3.5% Premarket After Falling 11.7% in Previous Session
Don't trust Trump too much, Harris has a 69% chance of winning the election!
Analysts pointed out that although people believe that Harris's victory will bring economic disaster, when the probability of her winning increases, the stock market does not fall.
Has the direction of the election changed? Trump's net assets evaporated by over $1 billion, with media stock prices reversing their upward trend.
①With the escalation of the 'Trump trade,' the stock prices of Trump Media and Technology Group (TMTG) under the Trump Group have been rising steadily for over a month; ②However, starting from this Wednesday, the company's stock price trend has reversed; ③This retracement has also caused a shrinkage of over $1 billion in the net assets of the major shareholder, Trump.
Transaction volume TOP20 | US chip stocks collectively fell, nvidia fell nearly 5%; super micro computer, DJT continued to fall, both down nearly 12%
On Thursday, nvidia ranked first in trading volume in the US stock market, falling by 4.72% with a turnover of $36.041 billion. Microsoft, ranking second, fell by 6.05%, marking the largest single-day decline in two years, with a turnover of $22.035 billion. Tesla, in third place, fell by 2.99%, with a turnover of $16.799 billion.
US stocks closed: All 'Seven Giants' suffered heavy losses, with the S&P and Nasdaq posting their largest declines in nearly two months.
1. PHLX Semiconductor Index fell more than 4%; 2. The China concept stock Jinlong Index fell by 1.3%; 3. Apple's Greater China revenue fell short of expectations; 4. Guo Mingchi: the possibility of Super Micro Computer being suspended or delisted is increasing.
Trump Sues CBS For $10B Over Harris Interview
Trump Media & Technology Options Spot-On: On October 31st, 597.9K Contracts Were Traded, With 1.41 Million Open Interest
On October 31st ET, $Trump Media & Technology(DJT.US)$ had active options trading, with a total trading volume of 597.9K options for the day, of which put options accounted for 42.93% of the total
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Trump Media & Technology Shares Are Trading Lower. The Stock Has Been Highly Volatile Ahead of the Upcoming US Presidential Election.
Trump's Net Worth Drops $1.3 Billion Following Massive Decline in Social Media Stock
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Trump Media & Technology Group Shares Resume
Trump Media & Technology Shares Resumed Trade Following Circuit Breaker Halt
Jim Cramer on Trump Media & Technology Group (DJT): It's an "Okay Company"
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Thursday; Carvana to Advance, Robinhood Markets to Decline