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Fri Dec 9, 2016, 10:01 AM

Conway warns Trump capable of manipulating the stock market using Twitter

and he's willing to do it whenever he feels like it.

CONWAY: So, President-elect Trump sees that he has this massive online platform. He says about 35 million on Twitter and Facebook combined. And he sees an opportunity to communicate right to people by cutting through the noise or the silence, whatever the case may be, through social media platforms. But see that through tweets now he can affect industry, he affected the stock market yesterday, frankly, and he did it twice. He did it in two different ways: first, by telling Boeing to cancel the project or maybe put it on hold. He thinks it's too expensive, it goes against his entire platform of cutting waste and abuse in the system. And then their stocks went down 1.5 percent yesterday. And then secondly, he went down to the lobby in Trump Tower where the media are, and he announced a $50 billion -- that's with a "b" -- investment by SoftBank.

http://thedailybanter.com/2016/12/trump-will-keep-using-twitter-to-manipulate-the-stock-market/

5 replies, 1469 views

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Reply Conway warns Trump capable of manipulating the stock market using Twitter (Original post)
HAB911 Dec 2016 OP
Afromania Dec 2016 #1
C_U_L8R Dec 2016 #2
Yonnie3 Dec 2016 #3
Auggie Dec 2016 #4
HAB911 Dec 2016 #5

Response to HAB911 (Original post)

Fri Dec 9, 2016, 10:16 AM

1. god

The freighting thing is that she holds it out there as a threat and that it's something positive. Every day this whole thing makes me a little bit sicker.

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Response to HAB911 (Original post)

Fri Dec 9, 2016, 10:24 AM

2. Twitter, do the right thing

And terminate Trump's account

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Response to HAB911 (Original post)

Fri Dec 9, 2016, 01:22 PM

3. I am sure a lot of short term traders are watching his tweets looking to make a quick profit.

Because of this I doubt that he will able to manipulate the markets with tweets in any lasting way. His policies of regulatory enforcement and new laws he will sign can have a lasting effect.

Of course he would be able to tell someone before he tweets negatively and that person could short sell a stock and benefit from a momentary dip in the stock. I don't get the feeling he is planning any of his spew. It sure seems that something gets under his skin and he reacts.

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Response to HAB911 (Original post)

Fri Dec 9, 2016, 02:38 PM

4. Deplorable

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Response to HAB911 (Original post)

Mon Dec 12, 2016, 10:51 AM

5. Trump targets Lockheed Martins F-35 fighter jet costs

The aerospace giantís shares dropped 2.6 percent in premarket trade after Trumpís tweet.

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