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February 13, 2017

The Street: In the Long Run, Trump’s Tweets Don’t Matter

Emily Stewart reports that no clear pattern can be derived from the performance of the public companies President Trump has attacked or complimented on Twitter.  MMI CEO Bill Harts said “At this point, we’re sort of waiting for someone to show some kind of proof or data that actually shows that this is happening and is the result of an algorithm.”  He also cautions that “Any kind of strategy that’s based around a tweet is extremely risky and in no way is a guaranteed profit.”

FULL ARTICLE HERE

“High-frequency trading in general has been good for the retail investor."

FRED TOMCZYK, CEO TD Ameritrade

Bloomberg News, April 24, 2014

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