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Thursday, October 17, 2019

William D. Cohan: "There Is Definite Hanky-Panky Going On" The president's talk can move markets - and it's made some futures traders billions. Did they know what he was going to say before he said it?

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After all, Trump's 'base' consists of more than just the 'Joe-six-packs', sitting in their local bars, with their MAGA hats and counting the days until Trump sends all the 'brown people' back to where they came from.

OCU

#1 | Posted by OCUser at 2019-10-17 02:27 PM | Reply

I believe this was part of the game forever. They are trading on his tweets and know beforehand what he will say.

#2 | Posted by BruceBanner at 2019-10-17 05:49 PM | Reply | Newsworthy 5

#2

There's at least one bank account in the Grand Caymans or Switzerland being filled up with cash for Donald by his friends who're using his tweeting to insanely profit from the market fluctuations the tweets and his chaotic policies cause.

Here's hoping he never gets out of jail with the ability to spend any of it.

#3 | Posted by tonyroma at 2019-10-17 05:58 PM | Reply | Newsworthy 4

I called this a long time ago.

Trump is far too corrupt to not take advantage of this easy way for a president to enrich some corrupt plutocrats.

Just tip them off to short the DOW, tweet something crazy about starting a trade war, boom, they get rich. Tip them off to buy back in, tweet something about making progress on trade talks, boom, more money.

Illegal, sure, but when has that ever bothered the world's most famous con man?

#4 | Posted by SpeakSoftly at 2019-10-17 06:23 PM | Reply | Newsworthy 9

Martha Steward served time in prison for the same crime.

#5 | Posted by danni at 2019-10-17 07:57 PM | Reply

"Martha Steward served time in prison for the same crime.

#5 | POSTED BY DANNI "

That was only because they needed someone to tat the inmates' pillowcases. Trump has no such skills.

#6 | Posted by goatman at 2019-10-17 08:04 PM | Reply | Funny: 1

Here's hoping he never gets out of jail with the ability to spend any of it.

#3 | Posted by tonyroma

Are we even sure he's going to keep any of it?

I wouldn't be surprised if all of this was simply a way to make quick cash to pay off his previous scams and games while keeping his life.

#7 | Posted by jpw at 2019-10-17 10:39 PM | Reply

They're doing it for the kids. Just donate a small percentage to charity to rationalize the crime. 1 for you 99 for me.....whats the problem? Isn't capitalism great?

#8 | Posted by soulfly at 2019-10-18 12:22 AM | Reply

No one has yet come even remotely close to being able to turn a 100 fold profit in a year's time as Hillary was able to do on cattle futures. Trump should be taking lessons from her.

#9 | Posted by goatman at 2019-10-18 02:35 AM | Reply

They are trading on his tweets and know beforehand what he will say.

#2 | Posted by BruceBanner at 2019-10-17 05:49 PM | Reply | Flag:

A $200,000 Mango-Lameo membership is a pittance compared to making billions.

#10 | Posted by Nixon at 2019-10-18 07:10 AM | Reply | Newsworthy 1

As far as I can tell, Hillary Clinton is probably the most investigated politician in American history. I wonder why she's not in jail?
Let's put Trump up to the same scrutiny.

#11 | Posted by TFDNihilist at 2019-10-18 07:48 AM | Reply | Newsworthy 5

I got $50 on Trump having a Venerial Disease Sexually Transmitted Disease Sexually Transmitted Infection. Probably Chlamidia.

#12 | Posted by madscientist at 2019-10-18 08:18 AM | Reply | Newsworthy 1

Sp: >Chlamydia

#13 | Posted by madscientist at 2019-10-18 08:19 AM | Reply

"That was only because they needed someone to tat the inmates' pillowcases. Trump has no such skills."

In reality, I think she was prosecuted so that the government could appear to be doing something about insider trading, which they weren't doing then and aren't doing now. She was prominent so she was a perfect victim to punish for the same crime politicians commit every day.

#14 | Posted by danni at 2019-10-18 08:43 AM | Reply | Newsworthy 1

"No one has yet come even remotely close to being able to turn a 100 fold profit in a year's time as Hillary was able to do on cattle futures."

Quite the contrary; read the article. Then try Actual Math, your HRC deflection notwithstanding.

#15 | Posted by Danforth at 2019-10-18 10:52 AM | Reply

What in god's name are the SEC and CFTC for if not getting to the bottom of this?

#16 | Posted by JOE at 2019-10-18 11:08 AM | Reply | Newsworthy 1

When I read this, I see WAY more indications of the Chinese manipulating the market than I do Trump. Trump is simply predictable. I picture Xi with binoculars yelling "Trump, you magnificent bastard, I read your book!"

#17 | Posted by MUSTANG at 2019-10-18 11:18 AM | Reply | Funny: 1

Front running is standard Wall Street practice.

#18 | Posted by Ray at 2019-10-18 11:25 AM | Reply

"What in god's name are the SEC and CFTC for if not getting to the bottom of this?"

Trump has put his cronies in charge of all federal regulatory agencies. This is what Fascism looks like.

#19 | Posted by danni at 2019-10-18 11:36 AM | Reply | Funny: 1 | Newsworthy 3

Trump has put his cronies in charge of all federal regulatory agencies. This is what Fascism looks like.

#19 | Posted by danni

I can imagine your fury if Trump appointed his brother as Attorney General.

#20 | Posted by nullifidian at 2019-10-18 11:54 AM | Reply

"I can imagine your fury if Trump appointed his brother as Attorney General."

Trump's brother is as dead as Bobby.

#21 | Posted by Hagbard_Celine at 2019-10-18 11:56 AM | Reply

"I can imagine your fury if Trump appointed his brother as Attorney General.

#20 | POSTED BY NULLIFIDIAN "

Or share a drug addicted movie star with him.

#22 | Posted by goatman at 2019-10-18 12:00 PM | Reply

hey look

the "personally responsible" have broken out the way-back machine

you know, cause "honest discussion" and all that malarkey

#23 | Posted by ChiefTutMoses at 2019-10-18 12:06 PM | Reply | Newsworthy 2

""I can imagine your fury if Trump appointed his brother as Attorney General.""

His brother was a far better AG than the piece of filth who is AG now.

#24 | Posted by danni at 2019-10-18 12:29 PM | Reply | Newsworthy 1

"No one has yet come even remotely close to being able to turn a 100 fold profit in a year's time as Hillary was able to do on cattle futures."

^
In addition to being a Water Bearer's Deflection,
This is also entirely false:
A Guy on Reddit Turns $766 Into $107,758 on Two Options Trades
www.bloomberg.com

We now return you to your regularly scheduled deflections.

#25 | Posted by snoofy at 2019-10-18 02:03 PM | Reply | Newsworthy 2

No one has yet come even remotely close to being able to turn a 100 fold profit in a year's time as Hillary was able to do on cattle futures. Trump should be taking lessons from her.

#9 | Posted by goatman

WHATABOUT hillary!!!

#26 | Posted by SpeakSoftly at 2019-10-18 02:55 PM | Reply

Not long after Elon Musk pulled his stunt on Rogan, while looking over stocks to buy/sell (I invest small amounts as a hobby), I began to wonder whether people were waiting for Trump to do and say things before they buy and sell.

#27 | Posted by hamburglar at 2019-10-18 03:52 PM | Reply

"#9 | Posted by goatman
WHATABOUT hillary!!!

#26 | POSTED BY SPEAKSOFTLY "

What about her? I don't bitch about people engaging in 'whaboutism' unless they themselves bitch about it as you always do. I don't care. Speaking of the past can provide a reference point or precedent.

But if you complain about it (as you always do) I'm going to call you out for doing it.

Got it?

#28 | Posted by goatman at 2019-10-18 05:09 PM | Reply

What about her?

#28 | Posted by goatman

You tell me, you're the one trying to sell a false equivalency, as if she was ever president and manipulating markets with tweets.

I just love watching you use every tactic that you whine about others using.

Whatabouism, lies, namecalling, you name it, goat does it.

Now watch the rest of this thread turn into petty bickering all about you.

#29 | Posted by SpeakSoftly at 2019-10-18 06:05 PM | Reply | Newsworthy 1

The Police Chief of my small town told me in our local grocery store, "You know how we catch most burglars? They always bury their loot in the right hand back corner of their backyard. Now, schizophrenics are harder to catch, because you never know what they're going to do with their booty.

#30 | Posted by madscientist at 2019-10-19 05:41 AM | Reply

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