Trump Sold His Boeing Stock In June

Some Boeing Co BA 0.71% shareholders are up in arms on Tuesday after President-elect Donald Trump tweeted that he intends to terminate a deal in place for the company to build the next Air Force One.

“Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order” Trump tweeted.

boeing.png

Boeing’s stock opened Tuesday’s session down 0.6 percent.

Some Trump followers remembered a tweet from 2013 when Trump claimed he was buying Boeing stock.

“Boeing stock went way down because of 787 – so I just bought stock in Boeing – great company!” he said at the time.

great.png

Trump aide Jason Miller reportedly said that Trump sold his entire stake in Boeing back in June.

If that’s the case, the investment seems to have paid off for Trump. From January 2013 to June 2016, Boeing stock was up 64.0 percent compared to a 43.9 percent gain for the SPDR S&P 500 ETF Trust SPY 0.6%.

In the past, Trump has said

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common SenseI don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!