Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I think stocks like TSLA (clean energy), SWBI (rush to buy guns), CGC (marijuana legalization) will be some that will soar with a Biden/Democratic win. I imagine we will at the very least see an extension of tax credits for clean energy, people will rush even more than they are now to buy guns and recreational marijuana could be legalized on the federal level.
Feel free to answer the same question if Trump wins as well...
The stock market overall will rise because anybody who is not Trump will likely do more to combat this pandemic and ultimately that's what is needed for the economy to recover.
A Trump win in the long term is really bad for the economy.
I purchased November QQQ Puts to profit should a change occur, and will add to that position in September if the market is still holding up by then.
For the status quo, I have long term QQQ calls (January / December 2022) covering my cash position, and I'm long QQQ, DIA, and SPY (hedged with strangles).
I also have a decent amount of CRSP and EDIT and a few smaller similar companies, which I expect to do well in the next few years regardless.
So other than the extra QQQ Puts, I'm not doing anything different.
Why do you think that will happen? Health insurance companies saw their share prices increase dramatically when Obamacare was enacted — it placed a government guarantee on their premiums. Good ol’ Joe will make sure his donors are taken care of and the health care lobby is a big player.
Why do you think that will happen? Health insurance companies saw their share prices increase dramatically when Obamacare was enacted — it placed a government guarantee on their premiums. Good ol’ Joe will make sure his donors are taken care of and the health care lobby is a big player.
The Democrats are getting more liberal not less. Look at the primaries that just happened. Younger quasi-socialists in their 30s and 40s who never experienced the 20th century are replacing more and more of the old Boomer Democrats who came into theor own in the 70s, 80s and 90s when liberalism was at its low ebb.
Any new health care reform is going to be more Bernie influenced than what we got in 2010. His faction is gaining stregnth, not weakening. Biden's old allies are being replaced, and soon enough so will he. Think about it - I can name several young Bernie heir apparents. Can you think of anyone who will replace Biden and be the same? They're all old like him.
A public option is going to be the centerpiece of any new health care reform.
Last edited by redguard57; 08-06-2020 at 08:23 AM..
Any new health care reform is going to be more Bernie influenced than what we got in 2010. A public option is going to be the centerpiece of it.
So Uncle Sam will pay Aetna directly instead of funneling the money through policy holders first. Aetna will appreciate elimination of the middle man in the deal.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
