Trump Media stock price has seen volatile swings this week, trading between $39.50 and $42.80, as investor sentiment shifts on tech-sector momentum and ongoing political headlines. Analysts note rising volume could hint at short-term breakout potential if resistance at $43 is breached. Prior instances where the Warren Buffett indicator has pushed substantially beyond a previous high were eventually (keyword!) met with substantial selling. Though the market-cap to-GDP ratio is in no way a timing tool and can't predict when the S&P 500, Dow Jones, and Nasdaq Composite might roll over, it served as a warning prior to the dot-com bubble bursting, before the Great Recession, and in advance of the 2022 bear market. Other Trump Media insiders have largely held on to their stock. Donald Trump has not reported any sales of his 114.8 million shares, held in a revocable trust. CEO Devin Nunes has only sold shares to cover taxes, not for personal proceeds. It does not appear, however, that any insiders have purchased Trump Media stock on the open market. Trump Media stock price surged 4.5% on heavier-than-average volume yesterday after reports of potential new content partnerships. Media-sector ETFs also rose, suggesting broader investor confidence in digital entertainment platforms.