US President Donald Trump's straightforward advice to buy stocks minutes before the opening bell on Wednesday translated to huge profits for investors who followed his advice. Soon after, the billionaire announced a 90-day pause on the reciprocal tariffs, excluding China.
At 9:37 a.m. ET, Trump posted on his social media platform, Truth Social, 'This is a great time to buy!!!' His post ended with the letters DJT, which are the president's initials as well as the ticker for his company, Trump Media & Technology, the parent company of Truth Social, where he holds a majority stake.
