IA Daily Digest (Nov 1-5, 2024) (Patreon)

Summary of InvestAnswer's Posts (thanks, Josh, for collecting)

Date: 1 Nov 2024 - 5 Nov 2024

Bitcoin: 

• JD Vance:

Senator JD Vance, republican vice presidential candidate, owns between $250,000 - $500,000, worth of Bitcoin, according to new federal financial disclosures. ⁠

Solana: 

• $180:

If Trump wins, IA says SOL will go straight to $180+. If Trump loses, SOL will crash to $140-150 maybe even lower.

• SOLPERP Fees:

Remember, if you make 20% every few days, don’t worry about fees you pay on an annualized basis. ⁠

SpaceX: 

• Since SpaceX began operations, US launch capacity has skyrocketed, leaving other countries far behind.

Trading and Investing: 

• MSTR/TSLA Trade Alerts:

All tagged as trade alerts, and IA has only done around 8 or so since July. Remember, MSTR/TSLA pair trading is exceedingly hard to do. ⁠

Macro: 

• Income Tax Rates:

IA outlines US States with the highest taxes, income, property, and sales.

OPTIONS

• Exercising Leaps:

Remember, you convert leaps to stock - you do not sell TSLA. You can hedge, but long term - keeping the stock is best.

TESLA

• Wall St:

If Wall st understood TSLA and the 28 nuggets - TSLA would already be a $500 stock.

REAL ESTATE

• Real Estate:

IA is a life long real estate investor and all his RE is in SF CA. The ways the left have destroyed his bags have left a very bad taste in his mouth. He has lost 8 digits due to the current regime there. His thesis of thirds ie one third RE, 1/3rd Crypto and 1/3rd Disruption has moved away from RE.

Election: 

• SP500 Earnings:

The potential impact of the 2024 presidential election on S&P 500 earnings per share (EPS) could be significant, with divergent outcomes based on the victor. Trump's Proposed Policies A Trump victory may lead to: Tax cuts that could boost EPS by approximately 4% Continuation of business-friendly policies Harris's Proposed Policies If Harris wins, potential outcomes include: Tax increases that may reduce EPS by roughly 5-8% Higher corporate tax rates and regulations Market Reactions The market's response to election results could be pronounced: A Trump win may be viewed favorably by investors, potentially leading to market gains A Harris victory might trigger a market crash.

Election: 

• Modeling the Election:

IA had well over 8 digits on the line this election, and he spent 2 months modeling in private to secure his bags. He was afraid to speak openly about his analytics for fear it would trigger either side. Instead he spoke with his trades and actions or in this case non action non hedge.