Day 1 of Trump 2.0
My favorite Trump trade remains Freddie and Fannie. They’ve done well over the past few quarters but have more room to go if Trump’s Treasury Department releases them from conservatorship.
I also still own and like Target Hospitality, which could benefit from Trump’s effort to take back control of our chaotic border.
But so far neither my Fannie/Freddie nor Target Hospitality have been the most lucrative Trump trades. That distinction goes to the Trump meme coin, up >12k% as of this writing.
Sadly, I didn’t buy it and have no recommendation on it, but it is available to trade on Moonshot. You can get some free coins by clicking on the link and making a deposit, which is better than nothing but not that generous:
- 90% chance to win $3 of Memecoins. Meh.
- 5% chance of $5 of Memecoins. Still meh.
- 4.9% chance of $10 of Memecoins. Huh. Marginal.
- 0.1%x $100 of Memecoins. Good IRR on 5 minute sign up.
So what interests me about this? I like having access to seedier platforms so that I can choose to buy crypto before it gets added to more reputable (less disreputable?) platforms such as Coinbase (COIN) and Robinhood (HOOD). Also, this meme coin was launched on the Solana network so this so far successful launch could continue to benefit my Solana (SOL) tokens.
Monday, January 20, 2025, could be at or near a high water mark for mania around these topics.
There are substantive reasons why Fannie, Freddie, and to a more modest extent Target Hospitality could thrive in a second Trump term. I am invested in them and glad that I am. I have no view on the Trump coin from here; if you buy any that’s on you. It should only be with money that you can afford to lose. Do your own work (although not entirely sure what the word “work” would mean in this situation), think for yourself, and buyer beware (really really: beware). The likelihood that Trump coin promoters, insiders, and platforms profit is far higher than the likelihood that you will. The rake is brutal; those getting it are going to be far happier with the Trump coin than those paying it.
I’ve written extensively about my Fannie and Freddie investment over the course of the past several quarters but only this weekend discovered that they were not in fact the best Trump trade!
