Last night was a firestorm of controversy on Twitter, after the platform banned the article discussing Hunter “Crackhead” Biden and his fucking emails. The banning of the article and oversight of the content consumed by people is what made the story 100x what it actually was — as such, we are seeing Biden related plays mud-stomped today.
Do not dismiss this point. When you see markets trying to price shit in, pay attention. Solars and cannabis plays are leading to the downside, along with electric cars sans NIO. It appears a dark and gloomy cloud is cast above markets, as people try to figure out if this story has legs. After all, the tech who gave the back up file to Giuliani claims he gave the original laptop to the FBI a year prior. If this is true, then the FBI can very easily verify or deny these claims. Moreover, Giuliani claims to have more damning information regarding a possible money scheme between the crack head and pops.
We’re not delving back into politics here, believe me. But I think this is the reason why markets are coming to terms with uncertainty. A truly damning narrative to the Biden campaign might in fact reduce his chances at winning and then all of those electric boogaloo stocks will be BTFO.
I cleared out my trading today, holding only SQQQ.If you enjoy the content at iBankCoin, please follow us on Twitter