Trump made millions on oil stocks while ordering strikes on Iran. CNBC tallied the numbers. His accounts kept trading throughout.
The technical setup here is flawless. Draw a trendline from "launching missiles" to "watching your Exxon shares rip" and you get a textbook ascending triangle. The breakout occurred right when the first refinery exploded. Retail traders spent six months learning about inverse ETFs and volatility decay while the Commander in Chief just bought energy stocks and started a war. Simple.
His accounts were active during the conflict. Not frozen. Not in a blind trust. Active. Someone was in there clicking buttons while CNN showed night vision footage of Tehran. The correlation between airstrikes and portfolio value probably hit 0.95. That is what technical analysts call "a strong signal."
Every compliance officer in America just felt a migraine coming on. Every day trader who got flagged for pattern day trading violations is now staring at their Robinhood account wondering what rules actually matter. Turns out the disclosure forms were more like suggestions. The ethics paperwork was decorative.
CNBC did the math because apparently that is someone's job now. They estimated the gains. They tracked the holdings. They published a detailed breakdown of how much money a sitting president made while his foreign policy decisions moved the same markets where he held positions. This is the kind of story that used to end presidencies. Now it is a Wednesday.
The best part is he kept trading. Did not pause. Did not liquidate. Just kept adjusting positions while the Strait of Hormuz turned into a shooting gallery. Somewhere a Goldman Sachs analyst is updating his oil price model to include "geopolitical risk premium (check if president owns calls first)."
None of this will matter by Friday.
Photo by sina drakhshani on Unsplash
Leave a Comment