Trump told you just to buy shares now, as we are in a bear market – should you hear?
President Donald Trump – aka today's trader – has a pretty good feel for the markets.
One can make the argument a better feel than the Federal Reserve, he continues to explode from the Oval Office office via Twitter.
"We have companies, the largest in the world, and they do very well. They have record numbers. So I think it's a great opportunity to buy. Really a great opportunity to buy," Trump told reporters in the White House at Christmas.
Trump's "bullish" comments come on the heels of the worst Christmas Eve in history. Dow Jones Industrial drove 653 points on Monday when investors continued to dump tech stocks like Apple for fear of global slowdown, and Trump continued to blow Federal Reserve officials to raise interest rates. Investors return to trading the day after Christmas with the S&P 500 and Nasdaq Composite in bear markets. Dow is on the verge of entering one.
<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Million dollar question today, you should follow Trump's advice In order to get into an upgraded stock market, we certainly don't give investment advice here at Yahoo Finance, but judge by Trump's historic tweets on the market that one might consider actionable (different from just tweeting about the markets), perhaps Now it's not a bad time to crush. Trump's predicting market is somewhat successful from a short-term trading perspective, no more. Data-React = "26"> Million dollar question today is, you should follow Trump's advice to Get Into a Turned Up Stock Market – We certainly do not provide investment advice here at Yahoo Finance, but judge by Trump's historic tweets on the market that could be considered actionable (different from just tweeting about the markets), perhaps now It's not a bad time Trump's record of predicting the market is somewhat successful from a short-term trading perspective, nothing more.
So, if active investment is your thing, the Trump broker cannot be such a poor management.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " August 21, 2015 "data-response time =" 28 "> August 21, 2015
With markets in a free fall among Chinese stock markets turbulence, Trump suggests investors to be" cautious ". At that time, Dow (his favorite target) was closed at 16,459, according to Yahoo Finance data. The Dow hit a bottom of 15,666 on August 25, so Trump saved a few points to the downside.
The Dow then went at the end of the year at 17,425.
Dow dives more than 500 points – down 9% from high. Be careful!
– Donald J. Trump (@realDonaldTrump) August 21, 2015
<p class = "canvas-textile-textile Mb (1.0em) Mb (0) November 19, 2017 " data -reactid = "33"> November 17, 2017
Trump strikes a bullish tone on stocks. Dow closes 23,557. It then goes on its upscale in January for optimism around Trump's tax system.
The Dow reaches a peak at 26,616 on January 26.
Large numbers of stocks and the economy. If we get tax cuts and reforms, we see really good results!
– Donald J. Trump (@realDonaldTrump) November 17, 2017
<p class = "teacher-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " December 19, 2017 " data-reaktid = "38"> December 19, 2017
Trump is again optimistic about stocks again. Dow closes the day to 24,754. It reaches a peak on January 26, 26,616.
Shares and the economy have a long way to go after Tax Cut Bill is fully understood and appreciated in scope and size. Immediate expenditure will have a major impact. Biggest tax reductions and reforms ANYTHING passed. Enjoy and create many great jobs!
– Donald J. Trump (@realDonaldTrump) December 19, 2017
<p class = "canvas text January 3, 2018 " data response time = "42"> January 3, 2018
Trump Trader gets a little greedy at this point. He hit a bullish note again, with the Dow ending at 24,922. But then it goes pretty quickly at sea.
After peaking on January 26 to 26,616, the Dow crashed and hit a bottom of 23,860 on February 8 on valuation and Fed rate hike fears.
Dow is currently at 21,792 despite the fact that Trump started growing 201 poetically on the potential for further gains.
Stock Market had another good day, but now that Tax Cut Bill has gone, we have enormous upward potential. Dow only cards of 25,000, a number that few thought would be possible this soon into my administration. Unemployment also dropped to 4.1%. Could be better!
– Donald J. Trump (@realDonaldTrump) January 4, 2018
<p class = "teacher-theater-textile Mb (1.0em) Mb (0.8em) – sm" type = "text" content = " Brian Sozzi is a great editor in Yahoo Finance. Follow him on Twitter " data-reactid = "48"> ] Brian Sozzi is an editor-in-store at Yahoo Finance. Follow him on Twitter
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<p class = "canvas-atom canvas text Mb (1.0em) Mb History shows that a US recession will probably occur within 24 months " data-response time = "52"> History shows that a US recession will probably occur within 24 months
<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) The market is still savaged by bears " data-reactid = "53"> the stock market is still savaged by bears
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