this post was submitted on 10 Apr 2025
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politics

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Summary

Donald Trump is facing insider trading accusations after urging followers to buy stocks hours before pausing global tariffs—sending markets soaring.

His Truth Social post, signed “DJT” (also the ticker for his media company), preceded a surprise 90-day tariff pause on all countries except China.

The S&P 500 jumped 9%, Nasdaq 12%, and Trump Media stock surged 22%.

Lawmakers including Sen. Adam Schiff and Rep. Alexandria Ocasio-Cortez are demanding investigations and disclosures, calling the timing suspicious. Critics say the sudden policy reversal created a profit window for insiders with prior knowledge.

top 29 comments
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[–] JeeBaiChow@lemmy.world 60 points 2 years ago (2 children)

Congress is in on it, I bet. They won't do anything as a result.

[–] supersquirrel@sopuli.xyz 26 points 2 years ago (1 children)

Schumer said the best way to fight was to invest in the stock market patriotically! What an inspiring hero!

[–] WhatAmLemmy@lemmy.world 10 points 2 years ago* (last edited 2 years ago) (1 children)

He's in on it too, I guarantee it. I wouldn't be surprised if a majority of Dems are. It explains everything.

4 years of pumping and dumping 10% gainz every 2-3 weeks would easily turn 1K into 100+K. Most of them are starting with millions.

Fun fact! You do it with 1M 25x, you now have 10.8M. You do it 50x and you exceed 100M. You manage to do it 100x total, you've turned 1 million into 1.378 billion. If this shit continues it'll be the greatest heist in history.

1*1.1^25 = 10.8

1*1.1^50 = 117

1*1.1^100 = 1378

[–] Serinus@lemmy.world -4 points 2 years ago (1 children)

Yes, everything bad that happens is really caused by the Dems.

Our best option is clearly to not vote. You've convinced me.

[–] Auntievenim@lemmy.world 1 points 2 years ago (1 children)

Vote for Socialists you moron quit pretending democrats were ever going to do anything to protect Americans

[–] Serinus@lemmy.world 1 points 2 years ago (1 children)

I agree, that's a good message. Vote in primaries.

That IS what you meant, right?

[–] Auntievenim@lemmy.world 4 points 2 years ago

Unless a socialist is gonna magically show up on your ballot, yeah lmao

[–] littlewonder@lemmy.world 1 points 2 years ago* (last edited 2 years ago)

They wouldn't regardless. The congressional GOP has his spray-tan dick so far down their throats, they'd rather choke to death than admit the emperor has no clothes.

If we ever had hard proof of insider knowledge, my money is on SCOTUS. Both because it's easier to buy a branch of government by colluding with five useful idiots, and because there's a GOAT on the SCOTUS staff who leaks their bullshit to the public.

[–] sittinonatoilet@sopuli.xyz 43 points 2 years ago (2 children)
[–] tetris11@lemmy.ml 14 points 2 years ago (1 children)

(sorry, not into stocks, but do want to understand)

  • Blue bars is the number of stocks sold?
  • The lines are the value of various different stocks?
[–] player2@lemmy.dbzer0.com 29 points 2 years ago (1 children)

The blue bars at the bottom are the volume of trades and the lines at the top are the average price per share. You can see that right before the price shot up there was a sharp increase in volume indicating that a group of people knew and bought large quantities before the rest of the world knew.

[–] Kecessa@sh.itjust.works 7 points 2 years ago (1 children)

How does the timing fit with his message on Truth social?

[–] player2@lemmy.dbzer0.com 19 points 2 years ago* (last edited 2 years ago) (1 children)

9:30am He posted, "Be cool! Everything is going to work out well.".
9:37am He posted, "Now is a great time to buy!".
1:02pm Insiders suddenly invest billions of dollars into US stocks.
1:15pm He announced the updated tariff plan.

It seems likely that there was some group chat giving more details about the plan before the official announcement. Today he bragged that some businessmen he knows made $900 million yesterday.

[–] Kecessa@sh.itjust.works 5 points 2 years ago

Ok so the message on Truth came a few hours before, I guess they'll use that as a defense if anything ever happens...

[–] ayyy@sh.itjust.works 0 points 2 years ago (1 children)

Uncredited and unlabeled graphs are sad graphs. They have frowney faces like this :(

[–] sittinonatoilet@sopuli.xyz 7 points 2 years ago

It’s not some secret graph lol. You can look up trade volumes if you were that interested in it.

[–] TomMasz@lemmy.world 32 points 2 years ago (1 children)

SCOTUS says anything he does as an "official act" is legal, ergo this is not a crime.

[–] popcap200@lemmy.ml 16 points 2 years ago (1 children)

And remember, the courts can't consider motive, so as long as tariffs are defendable as an official act (which they are) he's 100% immune. I mean, they found him immune in the Stormy Daniels hush money case, and that was related to campaign finance as a candidate.

[–] SexualPolytope@lemmy.sdf.org 6 points 2 years ago (1 children)

It's fucked up. We basically elect temporary kings now.

[–] nieminen@lemmy.world 2 points 2 years ago

Heh, temporary... I wish.

[–] melsaskca@lemmy.ca 21 points 2 years ago (1 children)

Everyone knows this brazen manipulation is going on but nobody can prove it. Stock Market is old and shaky, we need a newer system.

Now that "free stock trading" is being offered to the masses you know the rich don't care about it anymore.

[–] JustEnoughDucks@feddit.nl 3 points 2 years ago

That's because the rich are all buying up land, water, and resources to hoard for the climate and political disasters they created.

That is why every new money tech bro has been caught building massive survival bunker complexes and shit and something like 10-40% of land in the US (depending on state) is owned by corporations and billionaires.

[–] awesomesauce309@midwest.social 13 points 2 years ago

So he crashed the economy, ignores calls from other countries, goes out on the golf course with no mics, tells his friends something like “only I know the truth”, publicly posts the time to buy on a site only his most loyal sycophants are on, then when his friends buy, they’ve got plausible deniability as they were just going with the public. Why set all that up if he’s got the SEC on a leash anyways?

[–] painfulasterisk1@lemmy.ml 10 points 2 years ago

He can even be charged for such actions and nothing will happen to him.

[–] Gates9@sh.itjust.works 6 points 2 years ago

Goddamn criminal regime

[–] crusa187@lemmy.ml 3 points 2 years ago

How about we create strong laws to prevent any insider trading by all political figures entirely? Dems, any objections?

[–] Itdidnttrickledown@lemmy.world 2 points 2 years ago

What accuszations? He admitted it. Trailer trash barbie admitted it.

[–] ClassStruggle@lemmy.ml 0 points 2 years ago (1 children)

NOW they are concerned about insider trading? These concerns will fade away once their team is back in power

[–] eugenevdebs@lemmy.dbzer0.com 3 points 2 years ago

They'll forget to care when Pelosi is oddly much richer.