The Donald Trump concept mainly includes Trump Media and Technology Group, and Phunware, a big data company that ever assisted Donald Trump's election.
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DWAC stock has been going through a lot o...
In today discussion, we will talk about trading the news.
Many of us would have heard news about Mr. Trump own social media TMTG, which came with a mission, that is to give a voice to all. The price of $Donald Trump(BK2592.US)$ stocks such as $Digital World Acquisition Corp(DWAC.US)$ and $Phunware(PHUN.US)$ “went to the moon” when the news came out. At one point, $Phunware(PHUN.US)$ made a heroic rise of 1099.35%!
Beside the O...
News often induces unexpected market changes, creating new opportunities for investors. Corporate profits disclosures, management structure adjustments, merger and acquisition (M&A) rumors are news events that can cause the stock prices to fluctuate violently. Learning how to trade the news is essential for investors to improve their portfolios.
News events are double-edged swords. If ...
We start off by looking at the following chart, which shows the stock movement of $Phunware(PHUN.US)$ for the last few months in 2021.
(^PHUN Highest: 24.04, Lowest: 0.85)
Many of us would have heard news about Mr. Trump own social media TMTG, which come with a mission, that is to give a voice to all. The price of Trump concept ( $Donald Trump(BK2592.US)$ ) stocks such as $Digital World Acquisition Corp(DWAC.US)$ and $Phunware(PHUN.US)$ “went to the moon ” when the news came out. At one point, $Phunware(PHUN.US)$ made a heroic rise of 1099.35%!
If we got in earlier, and exit before it drop, we would have made a huge decent profit . Notice what we are doing and thinking here. We are actually timing the market (doing) and always expecting (thinking) a profit from the trade.
These two common mistakes, which many of us made in different situation, is totally awesome & great, as it shows that we have tried something new, just like Albert Einstein, who once say that ‘A person who never made a mistake never tried anything new’.
So, starting from this moment, encourage yourself to never stop making mistakes. Making mistakes are marvelous and thru mistakes, we can learn important lessons, which will help to grow our portfolio, and sometimes, change our destiny.
Top 18 Actives (21 Dec 2021)
$Advanced Micro Devices(AMD.US)$
$Bank of America(BAC.US)$
$Annaly Capital Management Inc(NLY.US)$
Trump's sister company SPAC Benessere Capital Acquisition Corp (NASDAQ: BENE) also rose 6.3% in after-hours trading.
At the same time, the application software company Phunware Inc (NASDAQ:PHUN) was related to Trump, and soared 35% within a few hours after the market.
The company said it plans to release new non-fungible token art, which is a series of three photographs of former President Donald Trump.
In past days, a new series of meme stocks have been the center of attention on the Reddit forum.
$Digital World Acquisition Corp(DWAC.US)$ and $Phunware(PHUN.US)$, soaring 845% and 748% respectively last week, are continuing their strength in the premarket hours.
DWAC, a SPAC, is taking former President Donald Trump's new social network public, more than doubled in a frenetic trading session that was reminiscent of January's meme stock mania.
Phunware, an advertising startup founded in 2009, went public via a SPAC in December 2018 and came to some prominence in 2019 for its work with the Trump/Pence reelection campaign.
Seems like the tide of meme stocks and the SPAC return to the market. How did SPACs usually perform?
You might like this:
What is a SPAC? Why is so popular on Wall Street?
$Nasdaq Composite Index(.IXIC.US)$$S&P 500 Index(.SPX.US)$$Dow Jones Industrial Average(.DJI.US)$$Donald Trump(BK2592.US)$