Trump purchased shares in Apple, Nvidia, and other tech companies on April 8th. April 9th he reversed his tariff policy. The stocks went up. You see where this is going.
The president filed disclosure forms showing he bought tech stocks the day before announcing a policy that made tech stocks worth more money. This is called timing. Some call it perfect timing. Others call it the kind of timing that makes compliance attorneys drink before noon.
Financial media covered this as a human interest story about a busy day of stock buying. They used words like rebound and fueled. They did not use words like convenient or suspicious or how the f*ck did that happen. Those words do not test well with advertisers.
Retail traders who bought the same stocks three weeks earlier and panic-sold at a loss are now reading this headline and punching their bedroom walls. They had the same information Trump had. Well, not the same information. They had access to CNBC and a Robinhood account. He had access to the policy he was about to announce. Totally the same.
The technical setup was irrelevant. The 50-day moving average meant nothing. Support and resistance levels were decorative. The only level that mattered was the Oval Office, and you were not invited.
Trump's portfolio is now worth more than it was on April 8th. Your portfolio is not. This gap in performance has nothing to do with his chart-reading skills or your failure to spot the bullish engulfing pattern on the weekly timeframe. It has everything to do with the fact that he knew something you did not, and he bought stocks with that knowledge, and then he made the thing happen that made the stocks go up.
But sure, keep refreshing TradingView. The next breakout is right around the corner.
Photo by Brecht Corbeel on Unsplash
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