Let me tell you today's trading session was wild. Markets have been volatile with Trump tariffs. However, today we may have see one of the largest stock manipulations which will never be investigated...
Take a look at the graph above and pay special attention to 10am. Here's a breakdown of what happened.
- At 10:10 AM ET, rumors emerged that the White House was considering a "90-day tariff pause."
- At 10:15 AM ET, CNBC reported that Trump is considering a 90-day pause on tariffs for ALL countries except for China.
- By 10:18 AM ET, the S&P 500 had added over +$3 TRILLION in market cap from its low.
- At 10:25 AM ET, reports emerged that the White House was "unaware" of Trump considering a 90-day pause.
- At 10:26 AM ET, CNBC reports that the 90-day tariff pause headlines were incorrect.
- At 10:34 AM ET, the White House officially called the tariff pause headlines "fake news."
- By 10:40 AM ET, the S&P 500 erased $2.5 TRILLION of market cap from its high, 22 minutes prior.
You are reading that correctly trillions of dollars were made and erased in mins. That's the creation of an Apple or Tesla for less then a half hour to only see it wiped away off of 'Fake News'. Never would I thought Trump would actually have to fact check a news organization. Not only that, but Trump dug in his heels on tariffs, warning he could further increase levies on China. This roller coaster is far from over...
Gasp! By the time I utter the !, it's GONE!
A 90 days tariff pause😲 is that really possible??
Not at this point he said they are staying on and the China increase starts at 12am tonight.
Oh wow, that's hell of a lot of zeros, made and lost within a couple of minutes. Makes me wonder to what extent these top players will do with their plan of controlled demolition.
It only going to make the rich, richer.
these fake news can have big impact in the risky markets
which happened this time.
It's crazy to see this happen and I bet moving forward we will see more of it if people are getting rich with no consequences
That's what I hate, market that do get manipulated by "news", everyone big enough can spread news or rumors and make profits like this
It must be great to already be rich and powerful
Wow, that is crazy. I am not surprised that manipulation is happening. I think it has been going on for a long time. I'm just looking to pick up some cheap HIVE.
Yeah it has been but this amount of in your face manipulation has been escalating for sometime. I think if the rich keep this up we may actually see some change. I also want cheap hive but I'm not investing much in crypto right now beucase I feel like there's too much risk
Interesting!
The news came that taxes have been stopped for three months, so the pump has been seen. This was fake news, it was later revealed
Everything right now is running on rumor and speculation.
Ninety days of relief have been received
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If there is something I am still optimistic about, it is the fact that the market will still recover
It was pure manipulation.