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Trump trade: Bitcoin hit record highs and Tesla hits $1 trillion market cap
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DJT had a decisive battle last night! I'll share my personal views and also explain what the circuit breaker mechanism is.

$Trump Media & Technology (DJT.US)$ Last night, continuous circuit breakers occurred within half an hour.It dropped by 20%.Certainly scared a lot of people.
These days,This stock can surge 10% every day.As a result, Trump received a lot of news coverage. Every time the news mentions DJT, it's like advertising for Trump. Concurrently, the sharp rise in stocks is closely related to the "approval rating" and "winning rate", seemingly the higher the rise, the greater the chance of winning.
Looking from a different perspective, if you wereTrumpOr.Elon MuskIn the days leading up to the election, you will definitely not let DJT's stock price plummet. Because financial news will immediately report with big headlines such as "Trump's election prospects in jeopardy" and "Chances of winning heavily discounted", such news will spread like wildfire, which is unacceptable to Trump's camp. So,they will always find ways to keep the stock price rising, even if it's just a few percentage points.After all, money is a small matter, face and election prospects are the most important, so they must find ways to support the stock price.
This is just my personal opinion, so I will continue to hold the underlying stocks and Calls, even though they may not rise significantly every day, but I believe there won't be any major issues by March 11th.
DJT had a decisive battle last night! I'll share my personal views and also explain what the circuit breaker mechanism is.
The DJT circuit breaker incident also reminds me of the beginning of the yearFFIEIn that wave, finally crowded, I think it's important to still pay attention to risks.I see some friends asking what circuit breaker is, I'll briefly explain based on the lesson from the FF incident.
The circuit breaker mechanism for US stocks is as follows:
1. Individual stock circuit breaker.
In 2010, the USA stock market began to implement individual stock circuit breaker mechanism. It is understood that based on the current weight stock's decline, there may be multiple stocks circuit breakers after the USA stock market opens at night.
According to the latest regulations from the Securities and Exchange Commission (SEC) of the USA, the circuit breaker mechanism not only targets the large cap circuit breaker mechanism, but also has a mechanism for 'limiting price fluctuations up and down'. IfIf the trading price of a certain individual stock rises or falls by more than 10% within 5 minutes, trading will be suspended. If the trading price of the stock has not returned to the specified 'price fluctuation range' within 15 seconds, trading will be suspended for 5 minutes.
2. Index Circuit Breaker
The benchmark index for the USA's index circuit breaker mechanism is the S&P 500.The single-day decline thresholds are 7%, 13%, 20%. When the index falls 7%, 13% from the previous day's closing level, trading across all US securities markets will be suspended for 15 minutes. When the index falls 20% from the previous day's closing level, trading for that day will be halted.
The circuit breaker mechanism was first proposed by the New York Stock Exchange in the USA in 1987 to prevent a stock market crash similar to 'Black Monday'. At that time, the circuit breaker mechanism only applied to large cap indices.
In March 2020, there were four circuit breakers in the US stock market.
On March 9, 2020, the S&P 500 index fell by 7% after opening, triggering the first level circuit breaker.
On March 12, 2020, the S&P 500 index fell by more than 7% shortly after opening, triggering the first level circuit breaker again.
On March 16, 2020, the S&P 500 index opened with a drop of 220.60 points, a decrease of 8.14%, triggering the third circuit breaker of that month.
On March 18, 2020, the S&P 500 index fell 177.29 points intraday, a decrease of 7.01%, triggering the fourth circuit breaker of that month.
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