Part 1: My Trade for a Donald Trump Victory
Over the next two days, I’m going to share two trade ideas for two different potential election outcomes.
Today, I’m covering my top play if Republican Presidential candidate Donald Trump wins. Tomorrow I’ll cover my top play if Democratic Candidate Kamala Harris wins.
As the election draws near, I believe both of these trades could be winners.
Plus, I’ll be looking to make multiple trades on each company if one makes a move ahead of the election.
Keep in mind… these are “perception trades.” Meaning they are based on what people think will do well depending on who wins the election. However, this might not be the reality.
Now let’s get to the picks.
The first stock on my watchlist is a cryptocurrency company.
Republican Victory Trade Idea: Marathon Digital Holdings
Republican Presidential Candidate Donald Trump has been high on bitcoin and cryptocurrency leading up to the election.
He’s spoken at the annual Bitcoin conference in Nashville, and he even announced a new crypto token called “World Liberty Financial.”
Marathon Digital Holdings is an American Digital Asset tech company located in Fort Lauderdale Florida. It engages in mining cryptocurrencies, and in December 2023 it acquired two currently operational Bitcoin mining sites from subsidiaries of Generate Capital for $178.6 million.
With Trump voicing strong support for crypto, the perception is bitcoin and crypto in general could spike in light of a Republican victory. And the mining company Marathon Digital Holdings is one of my top company’s in the sector.
That’s today’s trade idea. Keep an eye out for tomorrow where I’ll be giving my top play if Democrats win.
Action Plan: These perception trades could make big moves over the next 50 days. And if you want to learn exactly how I’m playing them, I invite you to join me in The War Room. Here you’ll learn how to position size and use the proper strategies for maximizing profits and minimizing risks.
