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#nasdaq

7 posts7 participants0 posts today
Continued thread

4/ we already know that trump thinks nothing of abusing presidential powers in exchange for cash because he just pardoned a bunch of his donors (e.g. Nikola Motors scammer Trevor Milton) and dropped charges against all his new crypto biz partners (e.g. Justin Sun, a16z).

enriching his supporters w/insider trading opportunities is the same kind of mafia style "repayment"

perhaps trump’s donors were so loud in his ear complaining about all the money they just lost that trump decided to shut them up w/an opportunity to profit on history's largest (not an exaggeration!) insider trading opportunity.

or consider a scenario where #TeslaTakedown has put #ElonMusk financially on the ropes and badly in need of cash. does trump strike you as someone who wouldn't help a fellow grifter out if doing so only cost him some well timed tweets & market chaos?

Continued thread

3/ what’s different about this rally as compared to previous bear market rallies is that price moves right now are being driven *entirely* based on the moment to moment proclamations of a mad orange king drunk with power.

trump can easily (and IMHO just did) use this power to xfer massive amounts of retail suckers' money into the hands of Trump donors/friends/insiders etc. w/just a few steps.

[11am] privately inform donors you'll be announcing the cancellation of tariffs at 3pm

[11:01am] donors buy stonks

[2pm] tweet "GREAT TIME TO BUY", transforming donor trades from "insider trading crimes" to "trades based on public information"

[2:01pm] retail MAGA apes & other trump team members (republican congress, officials, etc) "buy the dip"

[3pm] suspend tariffs

[3:01pm] whole world apes in, mkt goes 🚀🌖, insiders' profit massively from their trades.

x.com/unusual_whales/status/19

1/ #MAGA bros are crowing about the 2nd highest single day Nasdaq stock market gains in history. It's worth remembering that:

1. the 1st, 4th, 7th, 8th, and 10th largest single day Nasdaq gains came during the dotcom crash.

2. the 3rd and 5th largest single day gains came in the middle of the 2008 financial crisis.

3. the 6th and 8th (tied) largest gains came during the covid panic in 2020

In other words all 10 of the highest gaining days in Nasdaq history, with the possible exception of today which is still TBD, came during major long term market crashes.

Massive market moves like this are in no way a sign that markets are healthy and performing their societal function. In fact quite the opposite - massive moves up are historically almost always a symptom of the disease of speculative mania refusing to accept reality (“buy the dip!!!!”).

Marktbericht: Berg- und Talfahrt an der Wall Street

Die Wall Street-Indizes konnten anfänglich höhere Gewinne nicht halten und drehten noch klar ins Minus. Neue China-Zölle sorgten für viel Verunsicherung. Der DAX ging zuvor auf Erholungskurskurs.

➡️ tagesschau.de/marktbericht-dax

tagesschau.de · Marktbericht: Berg- und Talfahrt an der Wall StreetBy tagesschau.de

Marktbericht: Erholung nach dem Ausverkauf

In einer Gegenbewegung auf die zuletzt hohen Verluste hat der DAX heute Boden gut gemacht. Ungelöstes Hauptproblem bleibt aber weiterhin die aggressive Zollpolitik der USA.

➡️ tagesschau.de/marktbericht-dax

tagesschau.de · Marktbericht: Berg- und Talfahrt an der Wall StreetBy tagesschau.de

Marktbericht: DAX auf Erholungskurs

Der DAX erholt sich in einer technischen Gegenbewegung nach den jüngsten Crash-Tagen deutlich. Ob die Erholung aber von Dauer sein wird, bleibt fraglich. Die Zollprobleme mit den USA bleiben ungelöst.

➡️ tagesschau.de/marktbericht-dax

tagesschau.de · Marktbericht: Berg- und Talfahrt an der Wall StreetBy tagesschau.de

Marktbericht: DAX bleibt auf Stabilisierungskurs

Einen Tag nach seinem Kurseinbruch pendelt der DAX am Mittag um die 20.000 Punkte. An der Wall Street deutet sich ein freundlicher Start an - ob es dabei bleibt, hängt vom weiteren Kurs Chinas und der USA im Zollkonflikt ab.

➡️ tagesschau.de/marktbericht-dax

tagesschau.de · Marktbericht: Berg- und Talfahrt an der Wall StreetBy tagesschau.de