Betting on a President is easy.
You just need a computer.
But how to bet the stock market?
That’s what some financial experts are asking as the stock markets are on a tear again and more than a few are asking, “How should I bet?”
According to one bettor, the short answer is: “Ask the President.”
The question is: Who?
That is the bettor’s biggest fear.
That the President is an imposter.
Or a fake.
Or maybe the President has been lying about his whereabouts and his health.
Or the President himself.
Or, most worryingly, a third option.
That is the “Pumpkinhead” betting strategy that some are using to make money from the stock selloff.
“The pumpkinhead is the man who has lost everything,” said Jim Kalles, a real estate agent in Phoenix who works for a large company.
“That’s the most common way people start their bet.
And they don’t always succeed.”
This year, Mr. Kalless is betting on the stock price of the American Airlines stock, which is down over 10% this year.
Mr. Kassells bet that the stock will fall below $40.50.
That would be the lowest price it’s ever fallen in history, he said.
If the stock hits that level, he estimates that he could make $5 million or $10 million.
The pumpkinheads strategy, however, has its own set of pitfalls.
The pumpkinheads are betting on Mr. Trump.
That’s a bad bet.
Mr. Obama is also not the president anymore.
That is also bad.
But the president is a pumpkinhead, too.
And Mr. McCain is also a pumpkin head.
It’s an idea that has gained traction in recent months as a way to capitalize on the current market frenzy.
The strategy calls for a bet that stocks will fall more than 50% in the next 12 months.
The goal is to earn about $1 million in the process.
Some are betting the stock is up about 40%.
That would put the value of the stock at $6.6 billion, and if the stock doesn’t fall by the time the bet is made, it could be worth as much as $18 billion, Mr Kallescos said.
The most common form of betting on stock market, the “pumpkinheads” strategy, has been used for years to make big money, and is still being used by some of the biggest investors, according to research firm Betfair.
This year, the number of “pumped-up” stocks that bettors are using doubled to more than 10% from about 7% in 2017, according a company analysis.
Some people think the “Trump-pumpkins” strategy is so popular, they’ve started to turn to it as a means of gambling on the market.
A man in Florida, for instance, is betting $50 on the Trump-Pumpkins strategy every day, even though it’s not a real stock.
The betting is going on on the phone, he told The Washington Post.
The idea of a stock “pumping” to a higher value has gained popularity.
There are even a few websites dedicated to “pumps” that offer a daily payoff of $10,000 to $20,000 for those willing to bet.
“I have a friend who is a billionaire and he says he knows a guy who has a huge fund that’s been going for years,” Mr. Karassell said.
“And I told him I’d take it for him.”
That’s a common theme among the big players in the stock industry.
The biggest players in tech, for example, all have massive fund managers.
“I think that the market will go up, and the money will go in,” said Mr. Pimlott.
Some believe that the “bubble” may be over, but there is still a lot of volatility.
For example, a new Trump stock rose more than 30% this week, but the price was still down by over 30% from the same week last year.
“We’re in the midst of an all-time bull market,” said Steve Pimlico, a senior fellow at the Cato Institute.
“We’re just in an all out bull market.”
Some people have even begun to call the stock a “pocalypse.”
It’s not entirely a new term, but it is being used more and more in the marketplace.
“People are saying it’s a crisis,” Mr Pimlikos said, referring to the stock’s recent selloff and volatility.
Others say the stock has a long way to go.
In a recent interview with CNBC, Mr Trump suggested that the current situation was just a “downturn.”
But he also made clear that he would not be taking a long break.
“You’re not going to see me in