Re:Trump temporarily drops tariffs to 10% for most countries
by JackYoustra on Wednesday April 09, 2025 @02:47PM
(#43635940)
Doesn't make much sense, if you're insider trading you profit more if you move one stock a lotlotlot vs all the stocks merely a lot.
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Re:Trump temporarily drops tariffs to 10% for most countries
by acdha on Wednesday April 09, 2025 @02:51PM
(#43636013)
Buy the NASDAQ at 1:17PM. Sell at 2PM. You’ve just made 10% without doing any work. If you’re doing any kind of leveraged play, you can get even higher returns.
Re:Trump temporarily drops tariffs to 10% for most countries
by JackYoustra on Thursday April 10, 2025 @11:18PM
(#43650183)
my point is that's the exact same if its a random microcap, just massively magnified. The president can easily cause triple digit swings. Doing a broad market movement is inefficient from this point of view.
Re:Trump temporarily drops tariffs to 10% for most countries
by astral_drama on Wednesday April 09, 2025 @03:00PM
(#43636173)
He does all the above!
He owns his own social media stock (DJT), where he post this morning "THIS IS A GREAT TIME TO BUY!!! DJT" to his followers. Attracting more to his social media company.
He has a meme coin in cryptoland, and now via tariff manipulation, he can guide select people to place big bets on the largest derivatives market.
Re:Trump temporarily drops tariffs to 10% for most countries
by HeatrayEnjoyer on Wednesday April 09, 2025 @03:14PM
(#43636406)
They're also creating a "crypto national reserve".
Grifter crypto scams aren't necessary when it's possible to fleece taxpayers directly.
Re:Trump temporarily drops tariffs to 10% for most countries
by skyyler on Wednesday April 09, 2025 @02:48PM
(#43635953)
Like I said, on a scale we've never seen before.
Re:Trump temporarily drops tariffs to 10% for most countries
by jeffbee on Wednesday April 09, 2025 @02:50PM
(#43635989)
Derivatives had huge moves based on these announcements. Out-of-the money SPX E-mini puts went up 10x after tariffs were announced. Near-the-money E-mini calls doubled after today's announcements. These are zero-risk insider strategies.