We are excited to announce the release of our latest trigger type: Trump Triggers! 💥 This trigger gives you the ability to trade stocks based off of Trump’s tweets about public companies. This one-of-a-kind trigger notifies you when President-Elect Trump tweets about a publicly traded stock that you own in real time. These triggers can help you capture moves or manage your holdings based on the market’s reaction to the future President’s remarks.
While it’s no surprise that Trump has been actively tweeting since the election, no one anticipated that a single tweet could potentially eradicate billions of dollars in market cap from large companies.
His tweets on prices and contracts with public companies have had significant market moving events that make it more difficult for the everyday investor to stay on top of their investments. This increased political “tweet” risk is familiar to professional investors and hedge funds on Wall Street, which have traders 24/7, smart algorithms and models to account for this tweeting risk. However, individual investors do not have the appropriate tools to react in an automatic fashion, until now, with Trigger.
The launch of our Trump trigger is the first step in our company’s direction of using not just price based data but relevant world events to condense into simple “IF this, THEN that rules”. Through techniques in natural language processing, we are taking the next step in helping individual investors have more contextual and relevant information about their portfolios and help them make more rational decisions.
— Trigger Team