100%, its incredibly obvious.
No, I was watching the bond market. The bond market is very tricky. I was watching it, but if you look at it now, it’s — it’s beautiful. The bond market right now is beautiful. But, yeah, I saw last night where people were getting a little queasy.”
Hard to believe these are US Presidential quotes. Sounds more like some teenage barista smoking pot.
Don’t shit on teenagers smoking pot by comparing them to Trump lol
Even the people smoking pot know he’s an idiot who doesn’t know what he’s doing.
Source - I smoke pot.
As a pothead myself can confirm Trump is a fucking moron
Haha you got a good point :)
He made the announcement at 1:18, but there was a high volume spike in SPY at 1:02. He then introduced some friends, like Charles Schwab, in the white house later and said they had made billions. This crash was also the first time MTG bought stocks.
Should be an SEC investigstion with actual consequences for once. Probably won’t be, but there should.
Hahaha an SEC investigation? I haven’t seen a single working class win at the federal level for about 16 years now
Hasn’t Elon fired most of the SEC staff, to make sure they don’t get in their way…
I feel no one looks at truth social cause screw it but shortly before the announcement of the pause on tariffs trump did post to buy now.
The volume spike was an hour after that post
isnt there a video of him talking about how much him and his friends made from it? its not really an accusation at this point, he manipulated the market.
Jail Trump! Jail Trump!
…and he pardoned himself.
Hold on, is he raping two old ladies on main street while also shooting a dog, stealing 10 cars, developing an illegal DNA chemical and polluting the environment?
…and he pardoned himself.
I don’t see how any of this matters.
He is literally and figuratively above the law. He will face zero consequences.
Trump manipulating the stock market!!! Say it ain’t so!
Well I am shocked, I tell ya, absolutely shocked! 😧😣
Should have stuck to simple, safe insider trading like the other guys do. Always with the flashy showing off.
With all of the absolutely blatant market manipulation he’s done just since he took office, one more charge isn’t going to mean shit when there haven’t been any consequences yet, and probably won’t be any time soon if ever. Anyone else breaking the law this openly and this often would in the very least be in jail without bail awaiting trial, if not already firmly in prison.
He doesn’t care. He has immunity.
anyone else buy the dip? because you know all his criminal friends did.
I don’t, but yes this is very blatant
If the FTC/SEC were staffed, they’d be very upset.
The acting chair of both, SpoogeCannon, of DOGE, has released a statement voicing his concern about this. He said he’ll get to the bottom of where this picture came from and put a stop to it.
DJI with source.
https://finance.yahoo.com/chart/
Just search for DJI and go to 1pm on the 9th.
But OP was on SPY.
must be the biggest insider trading event in history
The biggest most beautiful insider trading, you’ve never seen bigger insider trading. String him up!
“I get it, people are upset. It’s a big deal, a great deal, it might even be the biggest deal in the history of deals. The Democrats are mad about it, very mad. ‘He can’t do that,’ they say. They’re poor losers. They tried to make good deals like this. Tried many times. They failed, and they’re mad because I didn’t. I make the biggest, best deals. But their deals, those are no big deal. I get it, they’re mad. Mad that I did what they couldn’t. The Democrats lie, they say ‘President Trump, you can’t do that.’ But I could do it. I did do it, and I proved them wrong. Just like when I beat Biden in 2024. They said I couldn’t do it. I did it. Just like when I beat Hillary in 2020. I couldn’t do it, I did it. Just like with Obama, I did it. They keep saying I can’t do this or I can’t do that. They say it’s impossible to do these things. They say many things, most of them wrong. They don’t want to look bad, weak. The Democrats, Antifa, they’re weak, so they lie. They think everyone is weak, just like them. That’s fine, that’s fine. You see, they’re copying me now. They see a strong leader, very successful businessman, and they want to be one too. They copy me. They say what I say, do what I do, and they try to stop me. They want to be me, but they don’t want me to be me, so they lie and cheat. They rigged the economy, set it to collapse with forced ‘vaccines’ and wasteful D-E-I. I come here with my tremendous plan, going to make America great again. Bring all the business and jobs back. The Democrats cheat again, they go on CNN. They go on CNN, sell their stocks, rig the market. They didn’t think. Stocks are going to go up, way up. Numbers like you’ve never seen before. And they sold. The tariffs, I paused them. They thought they could cheat, and I turned it around. They lost big. Really big. Real Americans, we’re fine. Better than fine. The Democrats, they’re not fine. They lost, they’re mad. Only the Democrats are upset, it’s fine. Nobody should be upset about that. They played their hand and lost, and they’re mad. Don’t listen to them, they’ll get over it. They lie and they cheat, and they lose every time. We’re winning, winning big. So big. We’re going to win even bigger next week. 300% tariffs on Democrat businesses. No more foreign workers. More jobs for America.”
I can’t even tell if this is real or satire anymore
Also all those who traded based on the information.
String him up!
This is the only appropriate response, but Americans would prefer their symbolic cinematic marches with idols giving speeches as opposed to any real solutions.
Do you want to fight the Secret Service?
I want the secret service to uphold their sworn oath to the constitution.
I want lots of things that aren’t gonna happen.
There must be a way to surface this info? Surely there are known “insider” accounts one can track?
I wouldn’t think it would be public.
There’s a chat we can get added to I’m sure of it
Just install Signal, say you’re a journalist, and wait to be added.
What is the source of this chart? I’d like to use the image on other sites, but I can’t without knowing what the source is.
It’s SPY with volume. Very standard chart for probably the biggest ETF tracking the S&P.
Thank you.
deleted by creator
If you plan to use it, you should know that there was a separate “good news”-event at that point in time. It would not surprise me if insider trading happened, but that spike could also be from the bond auction. As much as I want the US to lose their influence in the world, it’s important to not jump to conclusions for political reasons. The spike should be investigated properly, but at this point the US might be too corrupt for that to happen or have consequences.
Thank you. That is good to know.
I was just talking to my coworker at lunch that I’ll create an account and buy the dip. By the time we got back to our desks, I saw the news of the pause and everything shot up.
By the time it hits the mainstream media, it’s too late for you or me.
You’d have to be watching the speech, ready to react within a minute it two and you could have caught most of it.
I bought the dip once, years ago. Made like, I donno. Couple hundred bucks. Sold all my crypto at the same time. That was cumulative with the other thing. Made a couple hundred bucks.
That’s the great thing about capitalism: anyone can make a ton of money, so long as they have a few tons of money.
Nope because that only works if you have money to buy with
I got a little lucky in that I filed my taxes on Sunday and made my 2024 IRA contributions then. Only some of the funds were available Monday but I was able to buy. I would’ve bought regardless of the price (I don’t really time things) but it worked out nicely.
And nothing will happen. But i bet a new trans athlete will win 5th place in an event somewhere to divert magas attention.
Didn’t that already happen? I thought they were all butthurt about some pool competition, like it fucking matters.
My favorite is people complaining about trans competitors in chess
Well you are that’s cause they developed a cunning male brain at birth, and now with hormones they also have a crafty female brain. Having two brains is an unfair advantage over the poor cis men and women who only have one brain.
Yes but there hasn’t been a new trans athlete winning 5th place
Sorry you got distracted, but you need to go
Distraction is a primary job of capitalist media. Even better if it’s attacking a marginalized group. Always has been.
The American legal system will be unable and/or unwilling to deal with it. Best chance is to send HIM to El Salvador if he ever relinquishes the office.
Absolutely not. Crimes committed within the u.s. such as treason get adjudicated in the u.s.
See my first sentence.
The American legal system, fucked as it already was, absolutely can handle this, or could. Was. Even I have fond memories of the U.S. Marshals banging at my door, wearing obviously baggy shirts. That shit was handled by the court.
The reason why it isn’t working is someone is actively breaking it
which is what @GuyFawkes@midwest.social is saying
Yes!
We were fucked already. I was on a plane overseas when 9/11. Oops you are dangerous
why not to the antartic islands and have the penguins deal with him.
The penguins don’t deserve that.
Penguins have gone through enough already.
With the Guano Act the US “acquired” lots of islands all over the world. Choose one of those bird shit covered rocks and put him on there
He’ll flee himself.
Fight fascism with fascism. It’s the liberal way.
Seriously tho, the “legal system” is the problem.
This should be considered an act of war by…everyone, really. Everyone should pull their stuff out of the US market, be they ordinary Americans, Norweigian oil bonds, or German gold.
Trump will pull this shit again, he has a pattern of pulling the rug, and will keep doing so long after there is no more rug.
The fake leak about pausing tariffs earlier the past few days was the test to see how much money can be moved with one announcement
there’s 90 days window he can do however he wants and tank the market
I mean China still has a 125% tariff and the market is somehow doing great.
Propped up by billionaires who don’t want to see their investments drop.
Just keep the retaliatory tariffs and say that the world governments don’t have time and resources to deal with a child playing with tariff sliders like it’s a fucking 20 year old Paradox game. Until he’s out of office, or preferably in jail.
The only reason he reversed course is because the bond market was shitting the bed. If no one was buying our shitty bonds, then they couldn’t issue the debt to pay for the massive tax cuts for the rich they’re about to pass. The insider trading wasn’t supposed to start until the market bottomed, they will absolutely try this same play again in three months.
It seems like bonds are favourable when issued by a country with a stable government. Won’t investors consider this a sign of an unstable government and possibly continue to dump bonds?
If they have any sense, yes. Perceived trustworthiness is important. Mr. “Art of the Deal” of course can’t understand this and couldn’t deliver on it even if he did.
This is what people need to be concentrating on. The cost of the government borrowing shot up 13% in a couple of days. This stupid fiasco just cost the government $70B in yearly interest payments alone and is why Trump backed down.
They can’ literally print money. They don’t even have to print it.
Ironically, it would weaken the dollar enough that the rich would lose money on their tax cuts. So in that sense you’re right. I just don’t want anyone thinking that the government actually needs to find all the money it spends.
