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What’s Really Moving DJT Stock. It’s Not Trump-Harris Betting Odds

Trump Media & Technology stock -- aka Truth Social -- had been on fire, leaving many wondering whether the market knew something about the outcome of November's presidential election. Not likely. Rece

What’s Really Moving DJT Stock. It’s Not Trump-Harris Betting Odds

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{"i18n":{"language":"en_US"},"data":{"magic":2,"id":360608883179664,"tweetId":"360608883179664","gmtCreate":1729058395956,"gmtModify":1729058399730,"author":{"id":4185012665792912,"idStr":"4185012665792912","authorId":4185012665792912,"authorIdStr":"4185012665792912","name":"Jovi9488","avatar":"https://community-static.tradeup.com/news/891ff35aaa2dac6db70078d2c9259269","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body>Great article, would you like to share it?</body></html>","htmlText":"<html><head></head><body>Great article, would you like to share it?</body></html>","text":"Great article, would you like to share it?","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/360608883179664","repostId":2475047605,"repostType":4,"repost":{"id":"2475047605","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1729057083,"share":"https://www.laohu8.com/m/news/2475047605?lang=&edition=full","pubTime":"2024-10-16 13:38","market":"us","language":"en","title":"What’s Really Moving DJT Stock. It’s Not Trump-Harris Betting Odds","url":"https://stock-news.laohu8.com/highlight/detail?id=2475047605","media":"Dow Jones","summary":"Trump Media & Technology stock -- aka Truth Social -- had been on fire, leaving many wondering whether the market knew something about the outcome of November's presidential election. Not likely. Rece","content":"<html><head></head><body><p>Trump Media &amp; Technology stock -- aka Truth Social -- had been on fire, leaving many wondering whether the market knew something about the outcome of November&#39;s presidential election. Not likely. Recent price action says more about traders than it does about politics.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f4f8623adc897bc7a87781a1d5d66871\" alt=\"Tuesday’s gain leaves shares up about 84% over the past month.\" title=\"Tuesday’s gain leaves shares up about 84% over the past month.\" tg-width=\"923\" tg-height=\"615\"/><span>Tuesday’s gain leaves shares up about 84% over the past month.</span></p><p>Coming into Tuesday&#39;s trading, DJT stock had gained 67% over the past month, and time will tell if the move is really &#34;correlated&#34; with the election results. Investors, for now, shouldn&#39;t read too much into who&#39;s buying DJT and how buyers are positioning themselves headed into November. Simply put, Trump Media stock has become a trading vehicle, and the traders who own Trump Media stock won&#39;t be the ones owning it in a matter of days.</p><p>Coming into Tuesday&#39;s trading, about 223 million Trump Media shares exchanged hands over the past five days, according to Bloomberg. Including Tuesday trading, the number jumps to about 320 million shares. There are only about 87 million shares of Trump Media available for trading.</p><p>All the shares available for trade have changed hands multiple times over that span. The average holding period for people buying Trump Media stock in the past week is less than two days. That is very unusual. It takes Apple stock more than a year to complete turnover.</p><p>People are trading Trump Media shares -- hard.</p><p>The why is no mystery. Volatility attracts traders. It&#39;s the lifeblood of trading gains. Trump Media shares have been exceptionally volatile lately. Shares have moved an average of roughly 7%, up or down, over the past month. The average for Apple is about 1%.</p><p>Tuesday was extreme even for DJT. Trump Media stock opened up 7.5% at $32.19, and traded as high as $33.85. The gains faded and the stock closed at $27.06, down 9.7%. The S&amp;P 500 and Dow Jones Industrial Average both dropped about 0.8%.</p><p>For now, what investors are sure of is that volatility and volume have picked up in Trump Media stock ahead of the election. Investors might want to look at more traditional polling metrics to get a sense of who will win the White House on Nov. 5.</p><p>Leave DJT to the traders.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What’s Really Moving DJT Stock. It’s Not Trump-Harris Betting Odds</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat’s Really Moving DJT Stock. It’s Not Trump-Harris Betting Odds\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-10-16 13:38</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Trump Media &amp; Technology stock -- aka Truth Social -- had been on fire, leaving many wondering whether the market knew something about the outcome of November&#39;s presidential election. Not likely. Recent price action says more about traders than it does about politics.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f4f8623adc897bc7a87781a1d5d66871\" alt=\"Tuesday’s gain leaves shares up about 84% over the past month.\" title=\"Tuesday’s gain leaves shares up about 84% over the past month.\" tg-width=\"923\" tg-height=\"615\"/><span>Tuesday’s gain leaves shares up about 84% over the past month.</span></p><p>Coming into Tuesday&#39;s trading, DJT stock had gained 67% over the past month, and time will tell if the move is really &#34;correlated&#34; with the election results. Investors, for now, shouldn&#39;t read too much into who&#39;s buying DJT and how buyers are positioning themselves headed into November. Simply put, Trump Media stock has become a trading vehicle, and the traders who own Trump Media stock won&#39;t be the ones owning it in a matter of days.</p><p>Coming into Tuesday&#39;s trading, about 223 million Trump Media shares exchanged hands over the past five days, according to Bloomberg. Including Tuesday trading, the number jumps to about 320 million shares. There are only about 87 million shares of Trump Media available for trading.</p><p>All the shares available for trade have changed hands multiple times over that span. The average holding period for people buying Trump Media stock in the past week is less than two days. That is very unusual. It takes Apple stock more than a year to complete turnover.</p><p>People are trading Trump Media shares -- hard.</p><p>The why is no mystery. Volatility attracts traders. It&#39;s the lifeblood of trading gains. Trump Media shares have been exceptionally volatile lately. Shares have moved an average of roughly 7%, up or down, over the past month. The average for Apple is about 1%.</p><p>Tuesday was extreme even for DJT. Trump Media stock opened up 7.5% at $32.19, and traded as high as $33.85. The gains faded and the stock closed at $27.06, down 9.7%. The S&amp;P 500 and Dow Jones Industrial Average both dropped about 0.8%.</p><p>For now, what investors are sure of is that volatility and volume have picked up in Trump Media stock ahead of the election. Investors might want to look at more traditional polling metrics to get a sense of who will win the White House on Nov. 5.</p><p>Leave DJT to the traders.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4547":"WSB热门概念","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4576":"AR","BK4516":"特朗普概念","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","IE000ITXATA3.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4581":"高盛持仓","BK4571":"数字音乐概念","BK4559":"巴菲特持仓","BK4501":"段永平概念","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE0009G5SDU7.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) INC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","BK4579":"人工智能","BK4534":"瑞士信贷持仓","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","BK4507":"流媒体概念","BK4527":"明星科技股","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4532":"文艺复兴科技持仓","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","BK4512":"苹果概念","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4585":"ETF&股票定投概念","DJT":"特朗普媒体科技集团","BK4515":"5G概念","BK4592":"伊斯兰概念","IE000W1ABFV2.USD":"PIMCO BALANCED INCOME AND GROWTH \"R\" (USD) INC","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","IE000YTNTUN2.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG)INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2475047605","content_text":"Trump Media & Technology stock -- aka Truth Social -- had been on fire, leaving many wondering whether the market knew something about the outcome of November's presidential election. Not likely. Recent price action says more about traders than it does about politics.Tuesday’s gain leaves shares up about 84% over the past month.Coming into Tuesday's trading, DJT stock had gained 67% over the past month, and time will tell if the move is really \"correlated\" with the election results. Investors, for now, shouldn't read too much into who's buying DJT and how buyers are positioning themselves headed into November. Simply put, Trump Media stock has become a trading vehicle, and the traders who own Trump Media stock won't be the ones owning it in a matter of days.Coming into Tuesday's trading, about 223 million Trump Media shares exchanged hands over the past five days, according to Bloomberg. Including Tuesday trading, the number jumps to about 320 million shares. There are only about 87 million shares of Trump Media available for trading.All the shares available for trade have changed hands multiple times over that span. The average holding period for people buying Trump Media stock in the past week is less than two days. That is very unusual. It takes Apple stock more than a year to complete turnover.People are trading Trump Media shares -- hard.The why is no mystery. Volatility attracts traders. It's the lifeblood of trading gains. Trump Media shares have been exceptionally volatile lately. Shares have moved an average of roughly 7%, up or down, over the past month. The average for Apple is about 1%.Tuesday was extreme even for DJT. Trump Media stock opened up 7.5% at $32.19, and traded as high as $33.85. The gains faded and the stock closed at $27.06, down 9.7%. The S&P 500 and Dow Jones Industrial Average both dropped about 0.8%.For now, what investors are sure of is that volatility and volume have picked up in Trump Media stock ahead of the election. Investors might want to look at more traditional polling metrics to get a sense of who will win the White House on Nov. 5.Leave DJT to the traders.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":35,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}