One day after election, Nov 6, huge rallies especially crypto related stocks e.g. COIN, over 30%+ gain. Unfortunately I don’t have any calls, holding some short puts though.
Do have some CLSK calls.
TSLA up 14%. Don’t understand why. Elon will have a very visible role in Trump admin, and liberals will take it out on him. I thought it’s mostly the libs who buy EVs?
Nucor steel was also up sharply. So were old school companies like ITW and CAT though not nearly as dramatically as Nucor. Mixed bag.
Perhaps TSLA investors think there will be some sort of quid pro quo for Elon’s endorsement.