Trump Media Stock Hits 52-Week Low, Trends Overnight: What’s Going On With DJT?
Trump Media stock hits a record low as DJT falls 8.01%, underperforming broader market benchmarks.
Economy · News reference
Five years ago, on October 14, I launched TKer, the newsletter that tells the story of how the stock market usually goes up. That first year was highlighted by a bear market as the Federal Reserve went to war against
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Trump Media stock hits a record low as DJT falls 8.01%, underperforming broader market benchmarks.
Will the S&P 500 open higher? Polymarket odds sit at 55% as Wall Street weighs Netflix earnings, slipping tech futures, and $110 Brent crude.
September's inflation report (CPI up 0.6% monthly, 3.7% year-over-year) triggered a market selloff with the S&P 500 falling 1.1% and Nasdaq dropping 1.8%. However, the article argues that long-term investors should remain committed to the market, citing a historical example where a $10,000 S&P 500 index investment made in October 2006 (before the financial crisis) grew to approximately $81,000 by October 2026 with dividend reinvestment, significantly outpacing inflation despite multiple market crashes.
- Reuters
Tech rebounded from last week's rout as chip stocks bounced and steel maker Cleveland-Cliffs soared on earnings, while the 10-year yield climbed to 5.14%.
The article recommends a simple buy-and-hold strategy using low-cost S&P 500 index funds as protection against potential market crashes. Historical data shows that the S&P 500 has never produced negative returns over any 20-year holding period, even through major crises like the Great Depression and 2008 financial crisis. The strategy's success is attributed to the market's long-term upward trend, reinvested dividends (which account for ~44% of returns), and minimal fees.