They Are Going Back

RNC attendees holding up signs calling for mass deportations.

Meet Your New Border Czar

Over the weekend, President Trump announced that his former ICE Director, Tom Homan, would be replacing Kamala Harris as America's new Border Czar. 

As with other Trump announcements since the election, the message is that the Trump 2.0 administration means business--with mass deportations and its other policies. In an X thread, our friends at America 2100 point out that America has successfully conducted mass deportations before, and explain how we can do so again. 

Before we get to that, a brief Trump Trade update. 

Trump Trade Update 

So many names associated with Trump have exploded since the election, that I'm just going to highlight two here in which my subscribers and I have positions, Tesla (TSLA) and Bit Digital (BTBT). 

Tesla: Last Monday, we opened a call spread on Tesla, betting on the stock hitting $350 by next December. This was the "less-contrarian long term trade" mentioned below. 

they are going back

As it happened, Tesla hit $350 a week later

they are going back

Bit Digital: This is the Bitcoin miner whose CEO we interviewed here last month. 

Bit Digital spiked 26% on Monday, and Bitcoin hit new highs and we exited a few of our calls on it for a 207% gain. 

they are going back

We're holding more calls on BTBT, as we're expecting more upside from here.

If you'd like a heads up when we place our next trade, you can subscribe to the Portfolio Armor trading Substack/occasional email list below. 

And if you are concerned about downside risk here, you can download our iPhone hedging app by clicking on the QR code below or aiming your iPhone camera at it.

they are going back

Now let's look at how Trump 2.0 can deport millions of illegals. 

We've Done It Before--And We Can Do It Again 

 

 

Authored by Portfolio Armor via ZeroHedge November 11th 2024