Monday, August 26, 2019

Trading Trump Tweets

General Frank Savage. McIllhenney. I heard about those two FWs. Put the chevrons back on.
Sgt McIllhenny: Yes, sir!
General Frank Savage: And if we're going to keep having these ups and downs, you better get them with zippers.
Sgt McIllhenny: Yes, sir!
--Twelve O'Clock High

Pretty good one. Few algos are capable of front running the Trump twitter feed.
Nice demonstration this morning. After losing about 2% Friday on escalation by both the US and China (once again) on the trade front, markets gapped about 1% higher out of the gate this am on the back of Trump tweets that things are (once again) looking better w China.

Maybe those algos need zippers too.

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