President Trump Accused of Insider Trading: Public Demands Congressional Investigation!
TradingKey - Trump's frequent shifts in tariff policies and public endorsements of DJT stock have sparked nationwide concern, with growing calls for Congress to investigate potential market manipulation or insider trading.
On April 9, just minutes after the New York Stock Exchange opened, Trump posted on his social media platform: "Stay calm! Everything will be fine. America will be stronger and better than ever!"
Four minutes later, he followed up with another post:, "Now is the best time to buy!!! DJT," referring to shares of Trump Media & Technology Group.
Content posted by Trump, source: Truth.
Roughly four hours later, Trump announced a 90-day delay on reciprocal tariffs for most goods. The market soared in response, with the S&P 500 surging 9.52%—its largest single-day gain since World War II. Shares of Trump Media & TechnologyGroup (NASDAQ: DJT) jumped more than 21%, while Trump Coin (TRUMP) rose 12%.
Trump's erratic tariff policies have triggered sharp volatility in the financial markets, prompting increasing scrutiny critics allege that his posts and policy decisions may be influencing markets for personal or political gain.
Several officials, including California Democratic Senator Adam Schiff, outspoken Senator Elizabeth Warren, Minnesota Senator Tina Smith, and Virginia Senator Tim Kaine, have publicly condemned Trump’s actions and are calling for a formal Congressional investigation into potential financial misconduct.
Related Articles
What Is the Crypto Fear and Greed Index? Why Are There Many Versions? What Should You Be Aware of When Using It?
The Crypto Fear and Greed Index is a sentiment indicator designed to capture the emotional state of market participants and determine whether the cryptocurrency market is becoming overheated (driven by greed) or undervalued (driven by fear).
Is a Crisis of Confidence in the Dollar Coming?
TradingKey - The U.S. dollar index has dropped by approximately 6% YTD, closing at 102. However, analysts on Wall Street are still bearish on the dollar, largely in light of uncertainty of President Trump's tariff policies.
[Reuters Breakingviews] Trump kicks all of Asia into the China tariff boat
HONG KONG, April 3 (Reuters Breakingviews) - Donald Trump’s second trade war is a battle of one against all. Reciprocal tariffs announced on Wednesday by the White House hit China with a hike of 34 percentage points, taking the fresh levies on exports from the People’s Republic up 5...
2025 S&P 500 Forecasts on Wall Street: Why Are Analysts Divided?
TradingKey - Wall Street's forecasts for the S&P 500 index in 2025 show a rare split: the lowest target from Stifel stands at 5,500 points, while Oppenheimer's highest target is 7,100 points, marking a significant 20% disparity. This is the biggest difference in annual outlooks among investment bank
[IN-DEPTH ANALYSIS] Walmart (WMT): When a Strong Business Model Faces Economic Challenges
With growth further moderating and too many headwinds hitting the margins we would likely see stagnant to negative growth in earnings, which makes the current share price of $85.00 less attractive.