iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
20,629 Blog Posts

BIDEN STOCK PLAYS CONTINUE TO STEAM HIGHER

Back when Mitt Romney tried up unseat Barack the Builder, we played coal companies and banked coin. Back in 2000, before the idiot Bush won, we played military stocks and won. This election cycle is easy to play: get long renewables, electric cars — more specifically solar and alt energy.

These stocks continue to rip higher on a daily basis, because Biden intends to spend money there.

In Stocklabs (sign up for coming beta trials) I have a custom index that points to all Biden plays. Composite gains are in the 100% range over 1 mo.

Will the pace quicken or slacken into the coming weeks? I suspect we are at or near the top end of the degenerate Bollinger band, so expect a sharp turn lower soon. If Trump gains in the polls, these stocks are going to be shot dead. I am talking about PLUG, RUN, JKS, and the gang. However, you can probably buy on dips into the eve of the election. After the election, stay away. Buy the rumor, sell the news. These stocks will be destroyed, amidst plumes of radioactive smoke, post election.

I closed out the day +540bps, about 55% cash — closed out 60 trades, mostly winners. I did miss a few gigantic runs, like IO — closed out for a +13.4% gain only to bear witness to it soar another 35% in the AHs. But that’s the market we have and nothing is like it.

If you want to learn to trade — you’ve come to the wrong fucking blog. But if you prefer to sit fat and sloppily in your chair whilst being fed copious servings of fresh fish directly out of Poseidon’s ass, come visit us in Exodus — the world’s greatest trading room and data platform for traders with big dicks.

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21 comments

  1. zombie

    FIG

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  2. narcist

    In many ways, Trump is a very good representation of most old whites (especially those in the ex-Confederacy): The old America that they grew up in is slipping further and further away from them, and they want him to destroy this “new” America where minorities have rights and keep demanding equality.

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    • roguewave

      Elections, hurricanes, oil tankers, the Fly slam dunks these cycles repeatedly. What is the % of non-whites in the NBA? How about large cities’ mayors and chief’s of police?
      .

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      • moosh

        It’s no big deal in this case, as Mnarxcist likes to throw in some form of hating whitey in just about every comment he makes

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        • narcist

          Just some whiteys. I especially adore the Canadian and Australian whites, who are far morally superior.

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          • narcist

            Also, the Kiwis are probably the loveliest whites on the planet and their white female Prime Minister is simply awesome.

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          • roguewave

            I see you did not answer the questions. But really, how could you? Answering them would contradict your positions.

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          • narcist

            Your questions are non-sequiturs that do not deserve any answer.

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          • moosh

            lol, glad you clarified that. So you only hate a certain race based upon what country they are from? That is quite a talent you have to correctly discern that in the USA. Do you hate people of your own race, no matter of where they were born, that don’t believe in what you think, also?

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    • downtown

      whomever your dumbass is voting for, I’ll absolutely be voting for the other guy. I’d be ashamed if your ideology aligned with mine. Morons like yourself are why we have antifa in this country.. Just absolute fucking dipshits!

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      • roguewave

        What are you talking about? I never stated an ideology.
        Apparently you’re a mind reader. What is my ideology that you are opposed to?

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        • downtown

          that was a reply to narcist, not you.

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          • narcist

            Most of the resident Nazis and QAnons on iBC have very low IQs, and yours is apparently on the low end even among them.

            Just die already.

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  3. narcist

    The electoral landslide to come:

    1. It’s clear that not every one of those 62.9 millions of Trump 2016 voters are Nazi enough to vote for him again.
    2. Biden will beat Hillary’s popular vote total by at least a couple of million.

    That means Biden is already sitting on at least 350 electoral votes.

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  4. edge

    The market is telling us that:
    1) TINA lives; long live TINA.
    2) It likes a Democratic sweep.
    The hard right approach to politics is over IMO…bet on the Democratic “way”, whatever you think that means.

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  5. charliehorse

    Biden or no Biden, the renewables trade is a longer term winner. Considering wind turbine technician and solar installer are already two of the fastest growing jobs in the country over the next decade ā€” now that renewable usage is approaching price parity with traditional energy usage ā€” Iā€™m going to buy and hold. And buy more on the dips. But there will be significant volatility, so I also understand your strategy of trading the short term drops.

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