I donāt think there is an IPO date for Airbnb, but this is his view:
https://www.madhedgefundtrader.com/is-airbnb-your-next-ten-bagger-4/
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Keeping it simpleā¦ Tesla
Fund Trders have more great insights than ordinary trade.
āA Biden win could unleash a torrent of selling as investors rush to beat an increase in the capital gains tax. Thatās when you buyā
This would be proof that retail investors can move the market
He said the opposite recently, that he believes once the market figures Biden is nailed on to win it will trigger a big rally.
I really enjoy his emails but he is very inconsistent at timesā¦
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He cannot predict the future and has to always go on current insights. If those insights change then he lets you know. One of his quotes is ātodayās winners can be tomorrowās losers, so pay attentionā.
For the longterm investor the insights are fine. Options trading needs more current actions.
Even if investors are worried about a Biden administration raising taxes, itās not going to happen instantly, the idea that there will be a rush to exit the market is silly. If Biden becomes president, he canāt change tax law in the middle of the tax year; if he gets tax increases through Congress (a slow process at the best of times) the earliest they could possibly take effect would be in the 2022 tax year. Which allows penty of time to adjust, not a rush of investors falling over each other to sell. And usually changes are phased in over time anyway.
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I think what he means is that buy any dip (10%) as itās going to rally over a medium term after the result. Agree with @FailedTuringTest here. People wonāt pull their money as taxes canāt change instantly
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Busy week coming up:
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If the polls are more accurate this time around itās looking like a new broom in the Whitehouse
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Chatting, reading the news, have a good weekend.
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Oh so heās taken profits on one of his positions. Great timing on this play
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How do you know that he has taken profits?
I would have thought that this is a new position. Itās a covered put so he doesnāt need to own the underlying ETF Itās meant to be SPY but I cannot see it.
I am not a options expert, I only understand the basic puts/calls.
Do you mean ātaking profitsā because he is net selling a put?
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This is the dip, indexes are ~10% from highs
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