I am presently flat for the session. I took some trades, made some, lost some. My hedge in SQQQ (3x sized position) is offsetting losses in other holdings. My Quant was closed out this morning, locking in a 1.76% gain. At the moment, it is 100% cash. I also started a long term ‘best ideas’ portfolio — 10 stocks that I will invest into every month — dollar cost average.
One day ahead of the elections, we should not be surprised to see markets uneasy. The consensus is for a Biden win. All of the China trade war stocks, like CLF, X, and FCX, are strong and should lift higher should Joe get elected. Once in office, his cunt of a son, Hunter, will be back at it again — fucking hookers and doing lines of blow off his Morgan Stanley statement — inking new deals in China — getting paid for his name.
Don’t be surprised.
Should Trump pull off another upset, LOOK OUT BELOW. Like it or not, a Trump win will be short term ruinous for innumerable sectors that have risen with Super Joe in the polls. Also, prepare for civil unrest and riots.
Right now the WH is building an “unscalable” fence around the White House — just in case those ANTIFA faggots try to behead the President, post election. It’s all very tiring and no matter who wins the election, I am the fuck out of this fucked up country — providing COVID restrictions are ever lifted.
If you enjoy the content at iBankCoin, please follow us on Twitter
Where you heading, Sir Flea? You will have much alleged company whilst exiting these disUnited Steaks of Amurika, most of whom will be going nowhere fast.
Fly is going to move to Myrtle Beach and open a combo T-Shirt shop and miniature putt putt course.
Buried in Trump’s big beautiful tax bill are tax INCREASES starting Jan 1st for everyone earning less than $75k a year.
Trump’s credo: “Take from people who have so little and give to people who have so much.”
And pastors exhort their congregation to vote for this man? They desecrate the House of God with their shameless behaviour.
My experience in life is that 88% of pastors are the most skeezix motherfuckers around.
If a Biden win is baked into the market then why are oil drillers and oil majors rallying.
They were also up Friday although the price of crude was down. This in spite of a European shutdown (which as I said earlier has already been discounted).
By the way, the electric car BS being pushed by the Biden elites will not be accepted in this country for a long time.
And I own an all electric (which is great and mucho fun to drive).
They cost much more than an equivalent ICE (internal combustion engine) and the range, especially in the winter up North (think 20-30% less range) is not that good.
Biden win “why are oil drillers rallying” … I dunno.. maybe because Trump is “Mr Coal”.. maybe because when grandpa wins everyone gets a free “O’Biden phone” and so much stimulus monopoly money they will drive their shit car around just to burn gas? Maybe just because they’re oversold as fuck and everything else will get clipped in capital gains selling?
CRUDE Bros are simply rising from the dead; no politics.