Friday, October 11, 2019

The Volfefe Index

Stock Market traders like what they call indexes. If an index moves it suggests future possibilities for profit or loss. The Consumer Confidence Index. I'm told there's something called the Volfefe Index. This index has developed around information on how Stock Markets respond to the current President's Tweets. Doesn't matter whether information in the tweet is accurate or just something made up. This index simply responds to what happens to stocks when the tweet is about subject A, or B and so on.

Currently international trade is struggling with disagreements between United States and particularly China. Any tweet that suggests positive news in this area of trade between the US and China, whether it's true or not, whether it's political or simply a whim, results in stocks rising in value. In the course of tweet storm a trader can buy and sell, come away with a profit. Volfefe! Named after the famine horseman of the apocalypse? Could well be this time next week, but currently the rumor is it was inspired by a mysterious word, possibly a nuclear code, in one of the President's tweets which was "covfefe," the "vol" part in volfefe stands for volatility. 

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