Back in 2017 when Fat Nixon was only tweeting 10 times a day and Twitter had a 140 character limit …life was good.
It was the innocent days of ‘Covfefe’.
Today, Orange Julius is tweeting 30 times a day and having fun moving the markets.
It was only a matter of time really.
The stock market is the only remaining person/thing that is listening to him.
He is going to hate what it has to say if he keeps it up, but guessing when is not something I can do.
In the meantime, the zookeepers at JP Morgan launched a ‘Volfefe‘ Index (I thought it was a joke all day to be honest) which short term will only serve to embolden President ‘Sharpie’.
The script would be funny as an HBO show but this is real life and so we wake up and see what he will say next.
In the meantime – 50 attorney generals are suing Google, Insiders are selling stock at a pace not seen since the Titanic and today was THE BIGGEST momentum shift since 2009…
I am not sure if this is a ‘Wall of Worry’ we should be thankful for or ‘The Last Warning’ before the crash of a lifetime.
Investing is not easy.