Will You Join "Trump Trade" Tonight?
No matter what the truth of this assassination attempt is, both the election and the stock market will not disappoint Trump.
Trump's probability of winning the November election has now reached nearly 70%.
Will you buy related concept stocks?
1. $Trump Media & Technology(DJT)$ soars 70% in the premarket trading.
If you don’t want to chase $Trump Media & Technology(DJT)$ at a high level, you can consider shorting volatility at high levels, selling straddles, selling strangles, or using iron condors.
2. Over the weekend, Trump-related cryptocurrencies and Bitcoin surged rapidly. $Coinbase Global, Inc.(COIN)$ surged 6% in the premarket trading. Earlier, it was confirmed that Trump would attend the Bitcoin 2024 conference.
3. Elon Musk expressed his support for Trump on his social platform X. As a result, $Tesla Motors(TSLA)$ is also considered a Trump-related stock and rose by 5% in the premarket trading.
Will you join in the speculation on $Trump Media & Technology(DJT)$ tonight?
Which stock are you bullish?
Leave your comments and also post to win tiger coins~
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🌟🌟🌟The biggest news last week was the attempted assassination attempt on Donald Trump. Fortunately he managed to survive the attempt. He showed that he has the courage nonetheless to continue his campaign to be the next President of the United States.
This could be the turning point of his campaign to the White House as he will certainly receive more votes for his bravery in the midst of such danger.
Will I join Trump Trade tonight?
Much as I believe that $Trump Media & Technology(DJT)$ will jump to new heights due to this incident, DJT does not tick the core fundamentals of a quality stock. For one thing it is certainly not profitable and its future is tied very much to ultimate success of Trump winning the Presidential Election.
However I would definitely consider investing in US companies like $Intel(INTC)$ which has been the major beneficiary in funding received from the US Chips Act to promote the research and development of Semiconductors in the US.
I would also consider the US Oil companies such as Warren Buffett's favourite oil company $Occidental(OXY)$ which would benefit from ban on Russian oil by the US and its allies.
Another good company would be the US Car manufacturers such as $Tesla Motors(TSLA)$ which would benefit from the 100% tariff on Chinese EVs.
Donald Trump's main campaign slogan is "Make America Great Again". So he would certainly favour promoting US companies to manufacture on US soil and impose tariffs on imports of non American made goods.
While the current favourite to win the US Election would seem to be Donald Trump, the final outcome is not determined until November 5 when the Americans go to the polls to vote for their President. In life, it is best to expect the unexpected as you never know who will ultimately win the US Presidential Election.
@Tiger_comments @TigerStars
如果你不想追$特朗普媒體&技術(DJT)$在高層次上,可以考慮高位做空波動,賣出跨式,賣出絞殺,或者使用鐵禿鷹。
2、週末,Trump相關加密貨幣和比特幣快速大漲.$Coinbase Global,Inc.(COIN)$盤前交易中飆升6%。此前,特朗普被證實將出席比特幣2024大會。
now that everyone is raving about this news, and a surge on this stock $Trump Media & Technology(DJT)$ it's bound to trend down (as of time of writing, it's trending down to around -10%).
so won't be joining the fun...
@Shyon @Aqa @LMSunshine @koolgal @rL @GoodLife99 @Universe宇宙 @SPACE ROCKET @HelenJanet @TigerGPT
Will you join in the speculation on $Trump Media & Technology(DJT)$ tonight?
Which stock are you bullish?
Leave your comments and also post to win tiger coins~
During Trump's previous presidency, the "Trump Trade" led to a rally in U.S. equities, especially in technology and financial sectors, rising Treasury yields, tightening corporate bond spreads, a stronger U.S. dollar, and a surge in industrial metals.
A Trump victory could imply that the Federal Reserve may remain cautious about cutting interest rates, as a pro-business environment might re-accelerate the American economy and increase inflation.
The Trump Trade prompts investors to increase exposure to domestic equities, favor shorter-duration bonds, implement hedging strategies against a strong dollar, and diversify into safe-haven assets.
The Trump Trade encapsulated a significant shift in market dynamics!