The stock for Donald Trump's media company, DJT, recently reached an unprecedented trading volume of 167 million shares. That surpassed even Nvidia’s (NVDA) daily volume—a signal for some "wild" speculation ahead of next week's presidential election, Hedgeye CEO Keith McCullough said on The Macro Show.
Spikes like this often indicate strong market interest and new committed buyers. “If you’re short Trump Media, you shouldn’t have been [yesterday],” McCullough said.
“You can apply the Hedgeye process to everything you do, every single ticker, so you can see things like this and see what the mania underneath the hood looks like.”
As the election season heats up, keeping an eye on these trends can provide valuable insights. Subscribe to The Macro Show to stay ahead of these developments and capitalize on the latest market moves.
