Trump “Accidentally” PUMPED His Stock Two Days in a Row

When it comes to Donald Trump, you can always expect a surprise. Whether it’s his all-caps rants on Truth Social or, apparently, his accidental stock-pumping powers. 

Yep, you read that right. Trump, without even realizing it, has managed to send his own stock up in price, and all it took was some well-placed criticism of the Federal Reserve and a few sweet words about tax cuts.

Yesterday, Trump decided to take a shot at the Federal Reserve, calling its 50-basis-point rate cut in September “too big” and “a political maneuver.” To be fair, criticizing the Fed is basically a political pastime, but when Trump does it, investors apparently reach for the “buy” button. After his comments at the Detroit Economic Club, DJT stock jumped 9%, likely making anyone who still holds a chunk of Truth Social stock feel like they hit the jackpot.

Now, if you're thinking, "Wait, isn't DJT supposed to be a meme stock that's basically a bet on Trump's future political career?" you'd be right. But meme stock or not, DJT’s stock gains aren’t playing around. They’re on track for their best week ever. And yeah, Trump probably didn’t even know he was giving his stock a little love tap with his rant. Sometimes, it really is all about who says what, not what they actually say.

Trump’s Fed takedown wasn’t the only thing lighting a fire under DJT shares. A day earlier, he was out there pushing for tax cuts for Americans living abroad, because, you know, expats need some love too. And like clockwork, DJT stock went on a little 16% joyride. Even after a 5.6% plunge the day before, DJT kept investors coming back like they were stuck in Pennywise’s grasp (just when you think you're out of the sewer, it pulls you right back into the chaos).

As of now, DJT shares have climbed a staggering 69% since September 23. Even better, the stock is up more than 100% from its recent lows. Whether this is driven by actual fundamentals (we all know it's not) or pure Trump hype, is anyone’s guess. But if you’re still hanging on to your DJT stock, you’re probably grinning like a kid on Christmas morning right now.

Let’s be real, DJT is less of a stock and more of a gauge for Trump’s 2024 presidential odds. Forget P/E ratios or revenue projections—this stock moves when Trump speaks, period. Analysts even admit it: investing in DJT is pretty much betting on Trump’s political success. “It doesn’t have anything to do with fundamentals,” says Anne Stevenson-Yang of J Capital Research. “It’s a bet on Trump, is all.”

But that hasn’t stopped the stock from trading at eye-popping volumes. On Thursday alone, more than 43 million DJT shares changed hands (almost three times its 30-day average). It’s clear Trump’s loyalists are betting big on him, even if the company's actual performance is, let’s say, “lackluster” compared to its earlier post-SPAC debut when it hit nearly $80 a share.

P.S. I know It’s the weekend, so I’ll make this quick. We've successfully predicted up to 16 triple-digit (100% or more) opportunities nearly every single week for the past four months... and our next alert is set to be released early next week. Meaning, if you haven't done so yet, I'd highly suggest clicking here ASAP and joining the 2,000+ Stocks.News Premium Members.

Stock.News does not have positions in companies mentioned.