Internal sources within the Trump Media company have sold over $16 million in stocks.
According to the documents submitted to the Securities and Exchange Commission (SEC) of the usa, the chief financial officer of the Trump Media Technology Group and two other insiders sold stocks worth tens of millions of dollars after the election. The documents show that the company's chief financial officer and financial director, Phillip Juhan, sold 0.32 million shares at a price of $30.65 per share for a total of $9.8 million last Friday (November 8). This Monday (November 11), he sold 0.064 million shares at a price of $32.97 per share, totaling $2.11 million. Juhan had previously disclosed a document.
"Trump trade" remains popular, but how much longer can it last.
Stocks, bonds, and other assets are already expensive relative to historical levels. Trump's trade protectionism policy may lead to a resurgence of inflation and force the Federal Reserve to maintain interest rates at high levels for a longer period of time. In addition, the US economy is facing continuously expanding fiscal deficits and a labor market that is already showing signs of fatigue, which could put pressure on the economic growth outlook.
Trump Media & Technology Group CFO & Treasurer Phillip Juhan Sells 95% Of Holding
The 'Trump trade' of the 2016 version completely reversed afterwards, what about this time?
After Trump's election victory, the US dollar, US stocks, and small cap stocks usually tend to strengthen. However, during Trump 1.0, from 2016 to 2020, the US dollar and small cap stocks performed poorly, failing to rise as expected, while the rise in US stocks was mostly attributable to the strength of technology stocks. Analysis suggests that the 'Trump trade' is not the same as 'Trump investment', it is more of a short-term market reaction rather than a long-term trend.
"How long can the Trump trade continue?"
Compared to other presidential candidates, the impact of Trump's victory is unique, but Wall Street should also be wary of the fading of this effect.
Trump Media Insiders Sell More Than $16 Million In DJT Stock
CORRECTION: Trump Picks Jay Clayton For U.S. Attorney For The Southern District Of New York
Trump Picks Jay Clayton For Chairman Of U.S. Securities And Exchange Commission
Trump Media & Technology Options Spot-On: On November 14th, 217.35K Contracts Were Traded, With 1.51 Million Open Interest
On November 14th ET, $Trump Media & Technology(DJT.US)$ had active options trading, with a total trading volume of 217.35K options for the day, of which put options accounted for 44.52% of the total
Donald J. Trump Posts On Truth "I Respect Jamie Dimon, of JPMorgan Chase, Greatly, but He Will Not Be Invited to Be a Part of the Trump Administration. I Thank Jamie for His Outstanding Service to Our Country!"
Unusual Options Activity: INSM, BGC and Others Attract Market Bets, INSM V/OI Ratio Reaches 176.5
EST Nov 14th Morning Delivery - In the last two hours of trading, 7 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trends.
'DJT' Stock Flattens Out as Investors Take in Trump's Cabinet Moves
Trump Media & Technology Group Completes National Data Center Network for Truth+ Streaming Platform
Jim Cramer Recommends Microsoft, Praises American Water Works For Being 'Consistent'
Trump Media Announces All TV Streaming Data Centers Are Fully Operational
Trump Media Stock Fell This Far Since the Election. Here's What's Happening With DJT. -- Barrons.com
"Trump trade" may have been thoroughly priced! The question now arises.
Some analysts are worried that the market is currently rising prematurely, and a "rebound" may be just around the corner.
Summers, who criticized the last round of inflation in the usa, stated that Trump will trigger an "inflation crisis not seen in decades."
Summers warned that if Trump insists on fulfilling the promises made during his campaign, the usa will suffer a more severe inflation shock than in 2021. It is hoped that Trump can learn from this term and adjust his plans to avoid causing inflation.
Overnight U.S. stocks | The three major indexes had mixed performances, the dollar surged to a one-year high, and Trump Media Technology (DJT.US) fell by 5%.
As of the close, the Dow Jones increased by 47.21 points, a rise of 0.11%, closing at 43,958.19 points; the Nasdaq decreased by 50.66 points, a drop of 0.26%, closing at 19,230.74 points; the s&p 500 index increased by 1.39 points, a rise of 0.02%, closing at 5,985.38 points.
Trump Media & Technology Options Spot-On: On November 13th, 149.06K Contracts Were Traded, With 1.5 Million Open Interest
On November 13th ET, $Trump Media & Technology(DJT.US)$ had active options trading, with a total trading volume of 149.06K options for the day, of which put options accounted for 44.62% of the total