Triggers help you trade actions on Trump tweets

donald trump

Donald Trump.

Carlo Allegri/Reuters


When President-elect Donald Trump tweets about a public company, the market listens.

And if you own the shares of any of the companies that are in Trump’s crosshairs, the financial app Trigger thinks you’ll want to know more.

The free iPhone app works by letting you set up financial “triggers” which you can then use to guide your investment decisions. For example, you can set a reminder to sell a stock when its price hits a certain level, moves a specific percentage, hits a one-year low or high, and more. When the condition occurs, Trigger sends you a notification and you can decide whether to take action or not.

Now the company has rolled out a special “Trump trigger.” The trigger “gives you the ability to trade stocks based on Trump’s tweets about public companies,” the startup wrote. Basically, the trigger works by notifying you if Trump tweets about a publicly traded stock you own, in real time.

Trump has tweeted about companies ranging from Apple to Amazon to AT&T — and those are just the A’s. In some cases, like when Trump lambasted Boeing over the cost of a new Air Force One plane, shares of the aerospace company immediately fell almost 2%.

If this trend continues during Trump’s presidency, it’s not hard to see why investors might want early alerts to tweets about their holdings.

trigger asset


Trigger


The trigger characterized the Trump trigger as the first step towards starting using “not just price-based data, but relevant world events to condense into simple IF this, THEN this governs.“Expect a bunch of varied types of financial signals in the future.

If the idea of ​​setting up these types of notifications for your investments intrigues you, check out Trigger’s website or its iPhone app.

Comments are closed.