Trump's latest appointment! The oil tycoon will serve as the Secretary of Energy.
Trump's cabinet picks have once again caused a "shock" in the outside world. The nominee for Energy Secretary is one of the pioneers of the USA shale revolution. He believes that there is no climate crisis and may strongly enhance the supplement of strategic oil reserves.
The main shareholder of Trump's media has sold nearly all of its shares in the media company.
On November 16, Gelonghui reported that a regulatory document from Trump Media Technology Group showed that the major shareholder ARC Global Investments had sold almost all of its shares in the media company. ARC and its manager, Patrick Orlando, currently hold about 0.01% of the shares, down from over 5% or more than 11 million shares in September. Orlando had served as the CEO of the blank check company Digital World Acquisition, which helped Trump Media go public. He was removed before the trade was completed this year. In September, Delaware
Trading Binary Outcomes On An Explosive Stock
Gold Could Be the Next Trump Trade, Goldman Sachs Says. Forget DJT Stock.
Futu Morning Post | Suspense Rising Again? Risk of no rate cut by the Fed in December increases, US bonds erase gains for 2024; Foreign giants are making moves! Chinese concept stocks become new targets for additional investment.
BoA's Hartnett: Investment market turning point before inauguration in January, allocating to US bonds, Chinese and European stock markets, gold; 'Most lethal' US Health Secretary nominee, vaccine stocks plummeting for consecutive days; DJT's major shareholder perfect timing to completely reduce shareholding, missing out on 'sudden fortune and wealth'.
Trump Picks Oil Industry CEO Chris Wright as Energy Secretary
Express News | ARC is no longer a shareholder with more than 5% ownership in the Trump Media Technology Group.
Trump's media sudden outbreak! Major shareholders clear the warehouse-style shareholding.
According to a regulatory document, the main shareholder of the Trump Media technology group, ARC Global Investments (ARC), has sold almost all of its shares in the media company. ARC and its manager Patrick Orlando currently hold approximately 0.01% of the shares, which is lower than the 5% or more than 11 million shares in September.
Don't believe Trump can win! DJT's major shareholder's perfect timing to clear out shares and miss out on 'sudden wealth and honor'.
① The major shareholder of Trump Media Technology Group, ARC Global Investments II, along with its manager Patrick Orlando, sold almost all of its shares in the third quarter and now only holds 30,147 shares, approximately 0.01% of the company's common stock; ② After the lock-up period ended on September 19, DJT's stock price fell to its lowest level since going public, but Trump did not reduce his shareholding.
Trump Media & Technology Options Spot-On: On November 15th, 203.67K Contracts Were Traded, With 1.55 Million Open Interest
On November 15th ET, $Trump Media & Technology(DJT.US)$ had active options trading, with a total trading volume of 203.67K options for the day, of which put options accounted for 40.21% of the total
Short Sellers Are Back to Targeting Trump Media (NASDAQ:DJT) Stock
Trump Media (DJT.US) was sold off by its major shareholder ARC Global, who sold off nearly all of its shares.
A document from the usa Securities and Exchange Commission (SEC) shows that Trump Media (DJT.US)'s largest shareholder, financial company ARC Global Investments II, and manager Patrick Orlando no longer hold more than 5% of Trump Media shares. The document indicates that ARC once held over 11 million shares, while Patrick Orlando now holds only 0.01% of Trump Media common stock. The elected president of the usa, Trump, holds Trump Media.
'Trump To Tap Campaign Spokesperson Steven Cheung As Communications Director' - Politico
Major Trump Media Shareholder ARC Global Unloads Nearly All DJT Stock
'Trump Considers Fox Business Host Larry Kudlow For Top Economic Jobs; Former National Economic Council Director Met With Trump At Mar-A-Lago This Week' - WSJ
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 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.
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.