I've heard that some traders make a good living using nothing but these financial Twitter announcements, on a daily basis...
I'm 100% sure there have been algos written to scan his feed and trade off of certain key-words. Like CHINA
Yes of course, they use sophisticated algos to search/scan these financial Tweets in real time. Then they can follow the "trend" or fade (short) the fake/phony news immediately.
Bailed +$30 on the day, was NQ Long ran 30pts I was gutted then BOOM would of slipped 100pts no doubt. Guess this means that the BEAR is back and hungry. So how got blown up ??
$50 bucks says if Trump wins election and republicans win the house and keep the Senate, the $2.5 trillion stimulus that they rejected as too high will suddenly be $4 trillion right after the election, just to piss off the democrats.
Stimulus is dope to the masses, it's not $ for nothing - it's corp welfare paid for by us tax payers. Younger generation(s) get screwed the most by our massive debt bubble. The market participants are like Heroin addicts in withdrawal that will do anything to get a fix - they will destroy their future for just one more hit of stimulus.