Trump stock price pro traders advise monitoring

Pro traders advise monitoring geopolitical headlines closely, as the "trump stock price" has shown high beta reaction to political developments, creating opportunities for high-frequency strategies. As CNN reported, Tesla shares almost doubled after the November 2024 presidential election win of Donald Trump, as Musk’s close friendship and support of then President-elect Trump indicated a promising future for the company. U.S. president Donald Trump has proposed issuing a $2,000 tariff "dividend" check to Americans that has been predicted to drive up the bitcoin price, crypto and stock markets as the 2020 Covid stimulus checks did. The "trump stock price" has entered overbought territory. Some market watchers expect a technical pullback toward the $48 support zone before resuming its upward trend, with earnings season as the next catalyst.