Mr. Trump is the cause of the selling-off on Wall Street?

US President Donald Trump is considered one of the causes leading to the momentum of decline in the US stock market.

President Donald Trump The US president, who frequently show off the momentum on the slopes of the stock market after winning the elections, which are considered part of the reason leading to the selling-off on Wall Street on Monday (02 / 04) and investors believe that momentum will continue to decline, thereby breaking the slopes 9 consecutive years. Cause of the wave of sell-off stems from fears about the possibility of a trade war after China imposed tariffs on 128 US products and the criticism of Mr. Trump for Amazon.com. "The behavior of the US president does begin to cause effects on the stock market - both in terms of the overall index and the individual stocks," said Doug Kass, president of Seabreeze Partners Management in Palm Beach, Florida, said. Contributed to increased fears of investors on Monday (02/04): Da decline of the technology sector - a sector led the market rally in recent months, and the S & P 500 average dropped 200-day level - important technical threshold. On Twitter, he has publicly criticized Trump Amazon 2 times in 3 days. On Monday (02/04), Mr. Trump tweeted on Amazon that: "Only fools (or worse) new that the US Postal Service's we are making a profit along with Amazon. THEY lose too much money, and this will change. " Amazon shares fell 5.2% and led the S & P 500 and Nasdaq Composite plunged while putting pressure on technology stocks - including Microsoft, Apple, and Facebook. Leak scandal Facebook data in recent weeks has led technology stocks fell sharply as investors feared the US government would impose stricter regulations. "Another important factor is Donald Trump will continue to monitor the technology sector, especially in the Amazon," said Tom di Galoma, CEO at Global Holdings Seaport in New York, said. "This move has cast a dark shadow over the whole industry." The pain of the technology sector as well as the pain of the whole market The selling-off of technology stocks is seen as a worrying sign for investors. It is known that the technology sector led the market rose to a new record in the previous period. "This has a huge impact," said Michael Purves, Head of Division at Weeden Global Strategy & Co. in New York, said. "Selling off stocks of technology is no longer the story revolves around a field, which is the story of the whole market." More noteworthy, the S & P 500 has dropped threshold moving an average of 200 days for the first time since the referendum on Britain leaving the European Union (EU) in May 6/2016 (aka the United Kingdom and Gibraltar European Union membership referendum). S & P 500 closed on Monday at 2.581 points, plummeted 2.2%. In the first year of Donald Trump as President of the United States, the S & P 500 jumped 24% as investors think Mr. Trump will boost the economy by policy to increase fiscal spending, slashed taxes, and loosening regulations. Mr. Trump often shows off the slopes on the momentum of the stock market on social network Twitter. However, since heavy plunge session 2/2018 month, he was quiet. However, when the market can also be an opportunity for investors to buy the stock. "I'm taking advantage of market dips and place a high proportion in finance and banking," said David Kotok, chairman and chief executive officer of Cumberland Advisors, said. "I do not buy today (02/04) because the stock market is in free fall, but tomorrow it may be".