The Trump Bubble Is Here

March 26, 2023 Hello , Meme stocks are back! That’s great news for active traders willing to jump in and out, but it’s [always been a signal a correction isn’t far away.]( Consider this. The hottest stock on the planet right now is Trump Media & Technology Group (DJT). It’s up 100% in the past three trading days and more than 400% in the last three months. The market value of the company peaked at more than $10 billion. That is absurd. Trump Media’s core asset is Truth Social. This social network is reported to have around five million active users. That’s a lot of users, but not a lot for a $10 billion company. That’s $2000 of valuation per user. Compare that to Reddit (RDDT), which went public last week. Reddit’s market value hit about $11 billion on its first day of trading, which isn’t far from Trump Media. Reddit, of course, has been around for nearly two decades and has a reported 850 million active monthly users. That works out to about $13 per user. So on a per user basis, Trump media is valued 153 times more than Reddit. Throughout history there have come times when market prices become completely disconnected from underlying values. That’s happening right now with Trump Media…it has happened every meme stock bubble…and it usually comes right before a significant correction. [Click here to see why meme stocks signal a correction could be nearing.]( [READ MORE]( Dynamic Wealth Research 2010 West Avenue K #623 Lancaster, California 93536 © 2024 | All rights reserved. [Unsubscribe](. [Twitter] [Facebook] [Instagram]