Truth Social is an Unlikely New Market Barometer

President Trump’s Truth Social has emerged as perhaps the most important “tip sheet” for stock market timing.
Truth Social is an Unlikely New Market Barometer
This illustration photo shows a person checking the app store on a smartphone for Truth Social with a photo of former President Donald Trump on a computer screen in the background, in Los Angeles, October 20, 2021. Chris Delmas/AFP via Getty Images
Louis Navellier
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Commentary
President Trump’s Truth Social has emerged as perhaps the most important “tip sheet” for stock market timing. Just before the biggest rally this year, President Trump wrote (before the market opening) to “be cool,” as everything is going to work out well, then he added: “THIS IS A GREAT TIME TO BUY!!!”
Louis Navellier
Louis Navellier
Author
Louis Navellier is chairman and founder of Navellier & Associates in Reno, Nevada, which manages approximately $1 billion in assets. One of Wall Street’s renowned growth investors, Navellier writes five investment newsletters focused on growth investing. In addition to appearing on Bloomberg, Fox News, and CNBC giving his market outlook and analysis, he has been featured in Barron’s, Forbes, Fortune, Investor’s Business Daily, Money, Smart Money, and The Wall Street Journal.