stock market crashed again after Trump tweet

Link to join StockHub free investing discord server: Want to join our free STOCKHUB discord chat? Here is the link

Hey you guys remember that super popular britney spears song back in the day was like oops i think i did it again i played with your heart i crash the stock market oh baby baby that is trump’s favorite song if you walk by the white house he’s blasting it out of the white house so that’s literally i think trump’s favorite song he sings out all the time because oh i

Think he did it again okay and if you didn’t know he sent out this little tweet today that had completely tanked the stock market okay and you know there were several tweets that were sent and this is honestly the tweet that really got everybody freaked out okay said our great american companies are hereby ordered to immediately start looking for an alternative

To china and all boy did the markets not like that look at what ended up happening to the stock market okay by the way futures were up today okay futures were up going into the market and needless to say he got to be an ugly day nasdaq ended up falling 3% okay the dow ended up falling well over 600 points and tweets like this are starting to become more and more

Regular and the market gets really freaked out when they hear stuff like i hereby order you to take your production out of china and bring it back to the united states the market gets freaked out the market thinks oh boy the trade war is getting even worse at this point okay it looks like it’s just getting worse and worse it looks like china and the us will never

Make a deal and if the china in u.s. don’t make a deal then guess what company earnings are going to be hurt four years into the future this isn’t just like some type of short-term thing going on okay china is a massive massive market for a massive amount of huge us corporations and if there’s not a deal done that earnings will be hurt for several years out for a

Ton of companies out there okay and this is why if you look at just a chart just go and do a one-year chart last twelve months of the dow industrial average and you’ll see the market has gone no we’re in an entire year and usually the markets go up you know eight percent roughly a year and the market has done absolutely nothing like literally just pull up a one

Your chart look at that one your chart of the dow jones it has a hell of a lot of volatility in there you don’t see a lot of peaks a lot of crashes needless to say okay he’s especially got ugly back in december but at the end of the pie the markets are really doing anything like it’s unbelievable okay that’s what we have going on so let’s go ahead and look at some

Of this carnage that happened on wall street today okay let’s go look at some particular stocks because a lot of stocks got hit way worse than what the markets got hit okay we had l brands down over 9% today okay the homie down over 7% today amd stock down 7.4 percent today nordstrom was down over 7% home and nordstrom we’re doing so great they were on the comeback

And then that tweet got sent out and now look at those stocks unbelievable okay what a difference you know 24-hour period can make eli down over 6% today skechers you know the shoe company down over 6% today obviously they manufacture some products outside the united states met some technologies another business that gets a lot of business from asia down nearly 6%

Today owned armour if you didn’t know under armour makes most of his products outside of the united states of america okay including the lot in china and a look at the way that stock got hit today okay nearly a six percent dive for under armour here okay united natural foods was down well over 5% today down about five and a half percent that one kind of doesn’t

See also  When will GOPRO STOCK GO UP?!

Even make sense those down so much considering most of their businesses all us base us products dealing the us retailers john deere obviously a business that does international business down over 5% here today and obviously with the whole situation where china is buying less and less agricultural products from the united states that’s not good for farmers if it’s

Not good for farmers is not good for farming equipment and you know trade work gets worse and worse you know you see what stock like john deere’s down over 5% here today nvidia stock down over 5% today ok that’s another one that’s obviously you know a company doing amazing things there but they do a lot of business internationally including china and you know with

Things getting worse and worse who knows how their business is going to do in china overall including a lot of their products are manufactured actually in china ok when you have these type of tweets it’s going to scare a lot of people u.s. steel down another five plus percent here today though is once the darling company that trump would say look at our steel jobs

Are coming back and look at us deal that stock is falling from like 47 dollars a share to 11 bucks a share in like a year’s time or a little over a year like pull up with the one or two year chart on us deal it’s unbelievable okay let’s go corporation down nearly five percent here today cut so stock down nearly five percent here today okay got hit hard down you

Know ten dollars and seventy five cents a share needless to say you know china retaliated with some tariffs recently of 25 percent on auto manufacturers you know that are basically importing their cars into china okay so as something short-term that hurts tesla but remember test so the shanghai factories opening probably within the next three months and so that

Tariff situation isn’t actually that bad for tesla but you know it’s just it gets caught in the crossfire at the end of the day okay that’s just what’s going on right now with the trade war and tariffs and all this stuff okay qualcomm one of the biggest semiconductor companies in all of the world that one’s down about four point seven one percent so you see these

A lot of these stocks are down much more than what the stock market in general was down ccs which is a huge builder of homes in the united states of america okay otherwise known as century communities that stock was down four point six five percent here today apple obviously you know though where are most apple devices made they’re made in china at the end of the

Day okay as far as actually putting the devices together they’re they’re you know manufactured in china and they have a huge china business that is really hurting right now since this trade war and tariffs started off and it looks like things are just getting worse and worse and look at apple stock here today down four point six two percent tapestry brands down

Four point five six percent they have a big business in china and asia in general capri holdings company down four and a half percent another company that does big business in china and a lot of their products were manufactured in china in other parts of so neither safe stock like that’s gonna get hit today hard square stock down 4.4 eight percent you have amber

Arella down 4.4 percent you have sky work solutions you know it was just a potential huge player in 5g look at the way that stock got hit today almost 4.4 percent hit today winning resorts obviously not so winning today that stock was down over 4% today obviously with you know trade tensions and you know the relationship between the united states of america and

China getting worse and worse literally pretty much by the day right now it doesn’t bode well for even a player like wind resorts that gets a ton of their business from the macao region and who goes to macau it’s mostly all chinese people so it’s just it’s just a real pet situation for a lot of these companies okay amc which is obviously a movie theater company

See also  How to Profit during a Market Correction + Top 10 YouTuber Stock Picks for Wednesday, February 24

Mostly united states base but that one even fell today you know down four plus percent a stock like alibaba is obviously gonna get hit when you have all this drama going on right alibaba down four point three percent here today i’ll gonna show oh on a shelf fell four percent okay in order to get el stock to go down you really you really have to work hard at it

Okay so congratulations trump you even got all of stock to fall four percent today okay that’s that’s an impressive accomplishment okay net stock is just a beast more about technology fell four percent today mu which is one of the biggest memory chip companies in all of the world and they do a lot of business in china selling memory to different chinese players

Okay that one got hit over four percent here today tech strong corporation down four percent fedex down nearly four percent and so this all kind of bothers me okay and it’s not because like stock prices are falling or something like that you know stock prices fall okay i can go ahead and buy stocks for cheaper prices okay that’s not what bothers me if i’m looking

At government’s role government’s role isn’t just to make sure the united states economy grows and those sorts of things the government’s role is also to stabilize markets because if you look at something like the stock market right it’s already an incredibly volatile place okay stocks are all moving up or down big on given days with earnings and with different

Things that are going on as it is okay so stock markets already a very volatile place and then you go ahead and you throw in individual who wants to send these tweets that send the market tanking on a given day and it makes the stock market even more of a volatile rollercoaster at the end of the day okay and when you have these type of moves in the stock market

These dramatic moves first off you know the government’s role is supposed to be to help out all individuals right by creating always volatility all it really does is help out individuals like myself and other big investors in the market who can take advantage of these deals at a short-term okay keep in mind most people aren’t like myself that will go ahead and take

Advantage of deals most people aren’t big fund managers that can take advantage of this most people are normal people meaning they’re not meant for this type of crazy volatility and the government’s role is supposed to be the best for all people not for the 1% government’s role is supposed to be the best for all people okay and so when you have the stock market

Being crazy volatile like this in news headlines about the stock market crashing and oh my gosh look what happened the stock market day it feeds a very negative narrative around the stock market in general right and that scares away a lot of folks looking to get involved in the stock market just like now i’m not even talking about people buying individual stocks

Like i teach and whatnot i’m talking about people just buying into index funds because they look at this and they’re like oh my gosh look people just lost so much money today oh my gosh look at all the wealth that was lost on this given day okay and it freaks people out and so if i’m looking at it the government’s role should be to try to like stabilize markets as

Much as possible not have them go boom boom boom boom boom like that’s just not good for the average person out there okay and you know what else it does it creates a lot of short-term mindsets okay short-term mindset so the stock market in investing in general should be a long-term game thinkers should be thinking long-term but when you have all this volatility in

The market when you have all these tweets and whatnot in the drama going back and forth all it does is create a lot of short-term mindsets and people starting to think gosh i got to start timeing out the market oh the stock market’s gone up a little bit old trump might be about to send another tweet let me go ahead and sell out and all it starts doing is producing

See also  TOP 5 WORST STOCK MARKET INVESTMENTS I EVER MADE!

People to have these very very short-term mindsets which is a very very negative thing for the market in individuals in general the best businesses and the best investors are ones that focus long-term and aren’t worried about the short-term day-to-day stuff that’s going on but it’s hard to even focus long-term when you have so much drama going on out there and

At any moment a tweet can be sent and the market goes down 700 points in stocks fall 5 6 7 percent some of these stocks at any moment it can happen and so the stock market starts having anxiety and if we go back and look at that tweet here today does that tweet do anything does it do anything other than create the stock market to be a more volatile place no that

Tweet is a whole lot of nothing that we do hereby order companies ok no one cares about that do you think apple cares about that tweet no apple doesn’t care about that tweet ok nvidia do you think they’re like old crap he sent that tweet oh gosh we gotta move production no they don’t care ok you think amd cares you think amazon cares about that tweet ok none of

These companies really care about that but the stock market in general does care about that ok and it created an unbelievably volatile day so all that we did is it just scared a bunch of people out of the market and it scared a bunch of people from even getting involved with the market that’s all that did it didn’t actually accomplish anything ok the united states

Has been a great place on a thriving place for such a long time and i think we’ll continue to be in future because we don’t act like we’re a dictatorship it’s not one individual saying all you companies over there you can’t produce products there you got to produce them over here oh you can’t do business with them you just got to do business over here or something

Like that the world works better and economies work better when they can all work together ok and i understand like like you know why governments sometimes they don’t get along and why they have differences but by sending a tweet out like that it accomplishes absolutely nothing rather than hurting the stock market there’s so much that can go on behind closed doors

In a better setting to get your point across the rather than send a tweet like that that just completely freaks out the entire stock market and causes these stocks just absolutely tanked it’s just not the way it should be done in the end it all it’s doing is creating a ton more volatility in the stock market the stock market is not going anywhere you pull one

Year chart and it’s like wow the stock market has done literally nothing over the past 12 months it’s pretty unbelievable and it’s just creating more and more short-term mindsets and more and more anxiety around oh stock markets up a little bit now maybe the next trump tweets gonna come out let me go ahead and sell shares and start and create a lot of short-term

Mindsets out there people trying to time the market based on will you know when a tweet might come out or might not and that’s just not the role of government so anyways i hope you guys enjoyed this video as always make sure you smash the thumbs up button and let me know your opinion down there in the comments section and let me know if you picked up any shares

Today or you know a little discounted price i would love to hear from you guys as always thank you for watching and have a great day

Transcribed from video
stock market crashed again after Trump tweet By Financial Education

Scroll to top