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Tech Firm Creates Trump Monitor for Stock Markets

posted by n1 on Sunday January 22 2017, @08:46PM   Printer-friendly
from the @potus:-dow-going-to-hit-20k-today dept.

randomerr writes:

London-based fintech firm Trading.co.uk is launching an app that will generate trading alerts for shares based on Donald Trump social media comments. Watching the U.S. President-elect's personal Twitter feed has become a regular pastime for the fund managers and traders.

Trump knocked several billion off the value of pharmaceutical stocks a week ago by saying they were "getting away with murder" with their prices. Comments earlier this week on China moved the dollar and a pair of December tweets sent the share prices of Lockheed Martin (LMT.N) and Boeing (BA.N) spiraling lower.

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  • (Score: 3, Insightful) by Username on Monday January 23 2017, @12:19AM

    by Username (4557) on Monday January 23 2017, @12:19AM (#457487)

    If a company’s stock drops each time Trump makes a negative tweet, how is CNN still going?

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  • (Score: 0) by Anonymous Coward on Monday January 23 2017, @03:11AM

    by Anonymous Coward on Monday January 23 2017, @03:11AM (#457527)

    > ... how is CNN still going?

    Google tells me that:

    CNN. The Cable News Network (CNN) is an American basic cable and satellite television channel owned by the Turner Broadcasting System division of Time Warner.

    The Trump tweet-ees have been trying, but nothing happens when they use ticker symbol "CNN" to short the stock...