An ETF Portfolio For Biden Win拜登获胜的ETF投资组合

BBC latest poll of polls:

CNBC latest poll: 

"Biden leads President Donald Trump 51% to 40%, a two-point increase from the June poll and six points better than April. The poll of 800 registered voters nationwide found the President's overall approval rating remains negative by 11 points at 42-53% , around the average of his presidency.  A ranking of the issues by voters shows the President's task is difficult. Voters chose health care and handling the pandemic as the top two election issues, two issues where voters break for Biden. The economy and law and order were next, issues that break for President Trump. Voters also ranked the candidates' “personal character and integrity” as a top issue. Those responding that it was their most important issue favored Biden by 66% to 29%. Three of the least important issues — taxes, immigration and relations with china — are most critical to Trump voters. Climate change, a top issue for Biden, also ranks low on the list."

The latest poll points to Biden likely winning the election. Biden has vowed to expand the Affordable Care Act, the health care overhaul that former President Barack Obama signed into law in 2010. This would be bullish for health care stocks such as pharmaceuticals and biotechnology firms. One of the centerpieces of Biden's platform is a focus on infrastructure spending and investing in sustainability and clean energy. So infrastructure ,clean energy and electric vehicle companies would do well.  In the case of corporate tax hike if Biden win, big cap tech stocks such as Facebook (FB), Amazon (AMZN), Apple(AAPL), Netflix(NFLX) and Alphabet (GOOG) could dip. Democratic Vice-presidential candidate Sen. Kamala Harris said during the vice presidential debate :“We will decriminalize marijuana, and we will expunge the records of those how have been convicted of marijuana.” This should benefit cannabis stocks. Also the anxiety over a delay result of the election  should raise stock market volatility. The volatility index will likely stay high and may surge. Considering all of the above, I am selecting the following ETFs to get ready for Biden winning the presidency:

Health Care Sector ETF: XLV (106.33)

Global Infrastructure ETF: IGF (39.79)

Clean Energy Sector ETF: ICLN (19.60)

Autonomous & Electric Vehicles ETF: DRIV (17.84)

Cannabis Sector ETF: MJ (11.06)

FANG+ index -3X inverse ETN: FNGD (7.51)

VIX Short-Term Futures ETF: UVXY(18.83)

英国广播公司（BBC）最新的综合民调查：

CNBC最新民意调查：

"CNBC最新民意调查显示拜登（Biden）领先唐纳德·特朗普（Donald Trump）总统51％对40％，比6月的民意调查高出两点，比四月高出六点。在全国范围内对800名注册选民进行的民意调查显示，总统的总体支持率仍为-11点，为42-53％，约为总统任期的平均值。选民对问题的排名显示，特朗普的连任会很困难。选民们选择卫生保健和应对大流行作为选举的头两个议题，这是选民支持拜登的两个议题。接下来是经济和法律与秩序，这对于特朗普总统来说是有利的。选民还把候选人的“人格和正直”列为头号议题。那些回答说这是他们最重要议题的人对拜登的支持率是66％对29％。最不重要的三个议题为-税收，移民和与中国的关系-但对于特朗普选民来说至为关键。气候变化是拜登的头号议题，但它的关键性却排在很后。"

最新民调指向拜登很可能在选举中获胜。拜登曾发誓要扩大《平价医疗法案》（Affordable Care Act），这是前总统巴拉克·奥巴马（Barack Obama）在2010年签署成为法律的医疗改革方案。拜登平台的核心内容之一是专注于基础设施支出以及对可持续性和清洁能源的投资。因此，基础设施，清洁能源和电动汽车公司将会得益。在拜登获胜而提高公司税的情况下，Facebook（FB），Amazon（AMZN），Apple（AAPL），Netflix（NFLX）和Alphabet（GOOG）等大型科技股可能会下跌。民主党副总统候选人参议员卡玛拉·哈里斯（Kamala Harris）在副总统辩论中曾说：“我们将使大麻合法化，并删除那些被判犯有大麻罪的记录。”这将使大麻股票受益。另外对选举可能不能立刻有结果的担忧将会加剧股市波动。波动率指数可能会保持高位并可能会激涨。考虑到以上所有因素，我选择以下的ETF投资组合为拜登赢得总统做好准备：

医疗保健行业ETF：XLV (106.33)

全球基础设施ETF：IGF (39.79)

清洁能源行业ETF：ICLN (19.60)

自主和电动汽车ETF：DRIV (17.84)

大麻行业ETF：MJ (11.06)

FANG +指数-3X 看跌ETN：FNGD (7.51)

VIX短期期货ETF：UVXY (18.83)

US Stocks Dropped Sharply Today, What Next 今天美股大幅下跌，下一步走势如何

US stock market dropped sharply today with the Dow, S&P 500 and Nasdaq Composite closed down 650, 189 and 64 points respectively. Here are today's market carnages sourced from Finviz.com:

With no congress economic stimulus passing in sight, worsening Covid-19 here in United States and abroad, tech stocks valuation are over-extended, Germany software giant SAP lowers guidance and all 3 major stock market indexes formed bearish Double Top pattern, further weakness in the US stock market is likely near term.  Followings are some details.

Covid-19 becomes focus again

More than half of the states across the United States have reported their highest single-day of new Covid-19 cases during the month of October, according to data from Johns Hopkins University. So far this month, 27 states reported at least one record high day of new cases over the last few weeks. 11 states reported their highest single-day of new deaths during the month of October. ---CNN

Today's Cover-19 summary by ZeroHedge:

Newark independently returns to partial lockdown

Surgeon General issues Thanksgiving warning

Netherlands tops 300k new cases

Czech Republic, Belgium and Denmark weigh new measures

Dr. Fauci says US still in first wave of virus

US sees 7-day average for cases hit new record

Hospitals across US near capacity

Utah hospitals ask Gov to approve new triage plan

French official warns France seeing 100k new cases per day

Malaysia extends lockdown

Hong Kong focuses COVID efforts on public transit

UK approves new rapid test

AstraZeneca trial data shows vaccine effective on elderly

No 2nd Covid-19 economic stimulus plan passing in sight

It looks all but impossible that Congress could send new aid to Americans before Election Day, Nov. 3. In a letter to the Democratic Caucus, Speaker of the House Nancy Pelosi cited the White House's resistance to meeting her demands on Covid-19 testing and tracing as a key reason why a stimulus deal has not been reached. 

Election Uncertainty

Election is only days away, Joe Biden is leading ​Donald Trump in the national polls for the presidential election. But that doesn't guarantee ​the Democratic candidate victory. Hillary Clinton also had a clear lead over Trump in the polls for almost the entire 2016 campaign. She ended up losing in the electoral college. The general concern is if election votes are close, who will become the next president may not be decided for weeks. During the 2000 Gore/Bush presidential election, the votes are so close that Bush win was not certain until a month later and the S&P 500 dropped 7.5% during that time before rebounding.

SAP cuts full-year guidance, stock down big

Germany software giant SAP (SAP) cut its full-year guidance due to the spiking coronavirus cases around the world, sending its shares down as much as 23.16% today. US software software companies are also down big with Workday (WDAY) down 6.16%, Oracle (ORCL) down 4.02%, Salesforce (CRM) down 3.4% and Microsoft (MSFT) down 2.91%. Software ETF IGV is down 2.47% while the cloud computing ETF WCLD is down 2.07%. This is also negatively impacting tech stocks overall with tech heavy ETF QQQ down 1.50%. 

Major US stock market indexes are trending down

Both the Dow and S&P 500 indexes are below their 50 day moving average key supports while the Nasdaq Composite index is only 47 points away from breaking its 50 day moving average.  All 3 indexes have formed bearish Double Top pattern. It is also evident that buy on dip forces are weakening during the last 3 weeks and the volatility index has been rising.  The surge in VIX today is indicative of investors fear of the market is increasing . The market's technicals indicate more down side to come. Another 5% downside for the market is likely.

Crucial earnings this week

There have been about 30% of S&P 500 companies reported earnings already and 80% of them reported better earnings and yet the market is weak. So earnings may come in good but what about stock prices ?This brings to mind a wall street saying "buy on rumor sell on news", meaning good earnings have been expected and sell off may ensue after earning regardless of good or bad earnings. Performance in Q3 is history and the market looks forward to the future and future is not that promising on worsening Covid-19 outlook. This week's influential earnings are as follows:

Tuesday: MSFT, AMD, CAT, MMM, RTX, PFE, MRK

Wednesday: BA,UPS,MA,GE

Thursday: AAPL, AMZN, FB, GOOG, MRNA, TWTR

Friday: XOM, ABBV, CVX

今日美国股市大幅下跌，道指，标普500和纳斯达克综合指数分别下跌650,189和64点。以下是源自Finviz.com的今日股市场的屠杀情况：

由于没有国会经济刺激措施的到来，美国和国外的Covid-19疫情恶化，科技股估值被过度扩张，德国软件巨头SAP降低了明年营业额指引，所有三大主要股指形成了看跌的双顶格局，美国股市很可能在短期内会进一步疲软。以下是一些细节。

Covid-19再次成为焦点

根据约翰·霍普金斯大学（Johns Hopkins University）的数据，全美一半以上的州在10月份报告了新的Covid-19新病例单日最高记录。本月到目前为止，在过去的几周中，有27个州报告至少有创纪录的一天的新病例。 11个州报告了10月份单日死亡人数最高的一天。 ---CNN

ZeroHedge的今天Cover-19摘要如下：

Newark市独立返回部分封锁

美国卫生部对感恩节Covid-19的警告

荷兰突破30万病例

捷克共和国，比利时和丹麦权衡新措施

福西博士说美国仍处于第一波病毒流行

美国新增案件创7天平均纪录

美国各地的医院容量接近用满

犹他州医院要求州政府批准新的分诊计划

法国官员警告法国每天会有10万例新病例

马来西亚延长封锁

香港将COVID的工作重点放在公共交通上

英国批准新的快速测试

AstraZeneca的试验数据显示该疫苗对老年人有效

没有第二项Covid-19经济刺激计划通过

国会几乎不可能在11月3日选举日之前向美国人提供新的援助。众议院议长南希·佩洛西（Nancy Pelosi）在致民主党核心小组的信中指出，白宫未能满足她对Covid-19测试和追踪的要求是未达成刺激协议的关键原因。

大选结果的不确定性

距离大选只有几天了，乔·拜登（Joe Biden）在总统选举的全国民意调查中领先唐纳德·特朗普（Donald Trump）。但这不能保证民主党候选人的胜利。希拉里·克林顿（Hillary Clinton）在几乎整个2016年竞选中的民意调查中也明显领先特朗普。她最终在选举学院中失败。人们普遍担心的是，如果选举票数接近，将有数周无法确定下一任总统的可能。在2000年戈尔/布什总统选举期间，因选票的接近，以至于直到一个月后才能确定布什赢得胜利，而标准普尔500指数在此期间下跌了7.5％后才反弹。

SAP削减明年全年营业额指引

由于全球冠状病毒病例激增，德国软件巨头SAP（SAP）下调了明年全年指引，导致其股价今天下跌23.16％。美国软件软件公司也因而下跌，Workday（WDAY）下跌6.16％，Oracle（ORCL）下跌4.02％，Salesforce（CRM）下跌3.4％，Microsoft（MSFT）下跌2.91％。软件ETF IGV下跌2.47％，而云计算ETF WCLD则下跌2.07％。这也对科技股产生了负面影响，科技类偏重的ETF  QQQ下跌了1.50％。

美国主要股市指数呈下降趋势

道琼斯指数和标准普尔500指数均低于其50天移动均线关键支撑，而纳斯达克综合指数距其50天移动均线只有47点。所有三个指数均形成了看跌的双顶格局。其次明显的是，在过去的三周中，逢低买入力量正在减弱，波动指数VIX一直在上升。VIX今天的强劲显示投资人对股市恐惧的增加。市场的技术面预示着更多的弱势表现。美股再跌5%的机会大。

本周重要企业财报

标准普尔500指数公司中约有30％的公司已经报告了收益，其中80％的公司报告了好于预期的收益，但是市场却走跌。因此，财报可能会不错，但是股价呢？这使我想到了华尔街的一句说话：“在谣言中买入，在新闻发布后卖出”，这意味着人们已经预期了良好的收益，无论收益是好是坏，都可能在收益发布后抛售股票。第三季度的表现已是历史，因为Covid-19前景的恶化对企业未来的展望并不乐观。本周有影响力的财报如下：

星期二：MSFT，AMD，CAT，MMM，RTX，PFE，MRK

星期三：BA，UPS，MA，GE

星期四：AAPL，AMZN，FB，GOOG, MRNA，TWTR

星期五：XOM，ABBV，CVX

Why SRNE Dropped 13% After Hour为什么SRNE后市下跌了13％

In after hour trading Sorrento (SRNE) dropped nearly 13% to 10.40.  The drop is in reaction to what was talk about during the company's conference call. The CEO was telling what has been going on with varies developments.There is no big negative surprises like drugs application rejected or disapproved by FDA or test results are negative. Investors were expecting better progress than what were heard hence the sell off. I think the keys are COVI-TRACE saliva test and COVI-STIX, they are both in EUA stage and should be quick to gain approval. They should be the next stimulus to push the stock up. Who ever bought this stock should have known about these already if they have done any research. The negative reaction in stock price may not be accurate, need to see what comes about tomorrow.

Thanks to SlickRicksPicks@SlickRicksPick2 from twitter, he filed the following report on SRNE conference call. 

1) Market was expecting FDA progress, govt funding, or clinical results, which we didn’t get.

2) Call was used to reset expectations: Ji kept emphasizing that not all products would come to fruition. More careful about definitive dates

3) STI-2020 IND submission should be soon.

4) STI-2020 may be able to combine phase 1/2 and use intranasal dosing.

5) Covitrack antibody test: Appears that all necessary information has been provided to FDA, just waiting on approval.

6) COVI-TRACE saliva test: EUA submitted soon. EUA submitted by Columbia University is separate and only applies to their test in their lab, not mass produced test.

7) COVI-STIX: Ji appeared to be very enthusiastic about this test/EUA submission should be soon.

8)Emphasis that antibody treatments work better against mutations of the virus than vaccines. Many vaccines may run into issues as the virus mutates.

9) Dosing: Sorrento has a key advantage over Regeneron with potency, 8 g vs. 100-200 mg. Mass production implications.

10) Funding: implied that if phase 1 trials of STI-1499 antibody treatment were successful govt would sponsor ph2/3

11) Funding: In active discussions with multiple agencies regarding funding.

12) Funding: Relying on large stake in Cellularity (Ji called it a unicorn) 

13) Ji anticipating large cash flows from Covitrace/Covistix

14) Rest of portfolio: Sofusa testing w/ Enbrel: good results. Scilex: Drug in ph3 with NDA next year. Abivertinib: NDA submission upcoming.

Final thoughts: Informative call, Covid process will simply be longer and more drawn out than market originally expected. As we are seeing with other vaccine trials/antibody trials, this may not be a race to market but a more lengthy trial and error process.

在盘后交易中，Sorrento（SRNE）下跌近13％，至10.40。 下跌是对公司电话会议上谈论的内容的负面反应。 首席执行官在会议上谈论了各种发展动态。其实没有大的负面消息，如药物被FDA拒绝或测试结果为负面等。 投资者期望的进展要好于所听到的所以股票遭到抛售。 我认为现在的关键是COVI-TRACE唾液测试和COVI-STIX，它们都处于EUA申请阶段，应该会较快获得批准。 他们应该是股票的下一个刺激上升因素。其实今天发布的消息 ，在购买了这些股票之前做过任何研究了解的投资人，都应该已经知道了。 股票价格的负面反应可能并不正确，需要观察明天的发展。

感谢Twitter的SlickRicksPicks @ SlickRicksPick2，他提交了有关SRNE电话会议报告如下：

1）市场期望FDA取得进展，政府资助或临床结果，但我们没有得到。

2）会议指在重设期望值：Ji一直强调并非所有产品都会实现。他在进展日期上的谈话谨慎。

3）会尽快提交STI-2020 IND的申请。

4）STI-2020可能能够合并第一及第二期1测试并使用鼻内给药。

5）Covitrack抗体测试：似乎所有等待批准的信息都已提供给FDA。

6）COVI-TRACE唾液测试：EUA即将提交。哥伦比亚大学提交的EUA是单独的，仅适用于他们实验室中的测试，不适用于批量生产的测试。

7）COVI-STIX：Ji对这个测试/ EUA的提交非常热心，应该很快提交。

8）强调抗体治疗比疫苗更有效地抵抗病毒突变。随着病毒变异，许多疫苗可能会出现问题。

9）剂量：索伦托与Regeneron相比具有8克vs. 100-200毫克效价的关键优势。暗示大规模生产。

10）资金：暗示如果STI-1499抗体治疗的1期试验成功，政府将资助第一及第二期测试

11）资金：与多家机构积极讨论资金问题。

12）资金：依靠Cellularity的大量股权（Ji称之为独角兽）

13）Ji预计Covitrace / Covistix会带来大量现金流

14）其余产品：带Enbrel的Sofusa测试：结果良好。 Scilex：明年将在具有NDA的第三期中使用药物。Abivertinib：NDA申请即将提交。

最终的想法：这是信息通报，Covid药物流程将比市场最初预期的更长。正如我们在其他疫苗试验/抗体试验中看到的那样，这可能不是抢先进入市场，而是更长的试验和错误过程。

Potential Big Winner: PAA 潜在的大赢家：PAA

According to Yahoo Finance, "There are 11 COVID-19 vaccines currently in Phase 3 trials around the world, according to New York Times data. Moderna and Pfizer are generally viewed as being among the US companies furthest along in developing a COVID-19 vaccine. Pfizer said in September it will seek regulatory review for its two-shot coronavirus vaccine in late October. Moderna CEO Stéphane Bancel said earlier this month at a Financial Times conference that Nov. 25 will be the earliest it will seek emergency use authorization for its two-shot vaccine candidate." 

With Covid-19 vaccines available to use soon, the US stock market will likely get a boost when that happens. When economy reopens more and more, the stock sectors that have been impacted negatively the most will likely rebound the most. One of these depressed industry is Oil and Gas Midstream Service companies. This industry as a whole dropped over 36% in the last 1 year ( compare with S&P500's nearly+19%)due to negative impact of the Covid-19 Pandemic and is bound to rally sharply as conditions improve. One of the stock in this industry is Plains All American Pipelines LP (PAA). PAA has dropped 66% in the last year, it is looking like a good buy.  I am adding PAA to my diversified portfolio now consists of PAA, MRO, CNR, AGQ, FCX, SQ, PINS, SRNE, TGT and NKLA. You may search these symbol in this blog for more details. 

Plains All American Pipeline, LP (PAA 6.62), through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids (NGL), and natural gas in the United States and Canada. The company operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges.

Positives  for PAA are as follows:

1. Good valuations:Forward PE is 5, Price to Sale 0.16, Price to Book 0.63, 11% dividend a year.

2. Potential good growth: Estimated EPS growth for next year is +384%.

3. 23 analysts average rated buy: 6 strong buys, 6 buys, 11 holds. Average 1 year price target is 11.91. If this target is reached in a year, the total return with dividend would be +91%.

4. Potential triggers for higher price: Higher oil an natural gas prices, Covid-19 vaccine announcement, earning release, 2nd Pandemic economic stimulus approval by congress.

5.  Natural Gas is in demand: From Geology.com: In the United States, most natural gas is burned as a fuel. In 2012 about 30% of the energy consumed across the nation was obtained from natural gas . It was used to generate electricity, heat buildings, fuel vehicles, heat water , bake foods, power industrial furnaces, and even run air conditioners. Of the three fossil fuels used for electric power generation (coal, oil, natural gas), natural gas emits the least carbon dioxide per unit of energy produced. It emits 30% less carbon dioxide than burning oil and 45% less carbon dioxide than burning coal. Burning natural gas also releases lower amounts of nitrogen oxides, sulfur dioxide, particulates and mercury when compared to coal and oil. As the United States becomes more concerned about climate change, carbon dioxide emissions, and air quality, the use of natural gas for electricity generation is expected to increase.

6. Technicals: PAA has formed rising lows up trend. It's on CCI buy signal. First resistance is its 50 day moving average at 6.89 and it will be another buy signal is this level is broken. After 6.89, the next upside target range is 7.5 to 9.46, +13.3% to +43% respectively. These are short to intermediate term price targets. 

根据Yahoo Finance的报导：“根据《纽约时报》的数据，目前全球有11种COVID-19疫苗正在进行第3期试验。普遍认为Moderna和Pfizer是开发COVID-19疫苗的美国公司中发展最快的公司之一Pfizer公司在9月份表示将在10月底对其两剂冠状病毒疫苗进行监管审查，Moderna首席执行官斯特凡·班塞尔（StéphaneBancel）在本月早些时候的《金融时报》会议上表示，最早将在11月25日为其两种注射疫苗申请紧急使用授权。”

随着Covid-19疫苗即将投入使用，美国股市可能会再获得到提振。当经济越来越开放时，受到负面影响最大的股票行业很可能会反弹最多。这些低迷的行业之一是油气中游服务公司。由于Covid-19大流行的负面影响，整个行业在过去一年中下跌了36％以上 (同期S&P 500 上升近19%），随着情况的改善势必会急剧反弹。该行业中的股票之一是Plains All American Pipelines LP（PAA）。过去一年，PAA下跌了66％，看起来是一个不错的反弹股票选择。我现在将PAA添加到我的多元化投资组合中，这个组合现在包含PAA，MRO，CNR, AGQ，FCX，SQ，PINS，SRNE，TGT和NKLA。您可以在此博客中搜索这些符号以获取更多详细信息。

Plains All American Pipeline，LP（PAA 6.62）通过其子公司在美国和加拿大从事原油，液体天然气（NGL）和天然气的运输，存储，装卸和营销。该公司分为三个部门：运输，设施以及供应和物流。运输部门通过管道，收集系统，卡车和驳船运输原油和NGL。

PAA的正面因素如下：

1.很好的估值：前瞻市盈率为5，价格/销售比率为0.16，价格/帐面价值比率为0.63，年度股息为11％。

2.潜在的良好增长：预计明年的每股收益增长为+ 384％。

3. 23位分析师的平均评级为买入：6位强买，6位买入，11位持有。一年平均价格目标是11.91。如果在一年内达到这一目标，那么加上股息后总的收益率将为+ 90％。

4.价格上涨的潜在触发因素：石油和天然气价格上涨，Covid-19疫苗公布，盈利发布，国会第二次大流行经济刺激计划获得通过。

5.天然气需求大：来自Geology.com的报导：在美国，大多数天然气都作为燃料燃烧。 2012年，全国消耗的能源约30％来自天然气。它被用来发电，给建筑物热气，作为汽车燃料，热水，烤制食品，给工业炉供电，甚至运行空调。在用于发电的三种化石燃料（煤，石油，天然气）中，天然气产生的能量排放的二氧化碳最少。它的排放量比燃烧的石油少30％，比燃烧的煤少45％。与煤和石油相比，燃烧天然气还释放出较少量的氮氧化物，二氧化硫，颗粒物和汞。随着美国越来越关注气候变化，二氧化碳排放和空气质量，预计将天然气用于发电。

6.技术面：PAA形成了上升低点的上升趋势。有CCI买入信号。第一个阻力是其50日移动均线6.89，突破该水平将是另一个买入信号。在6.89之后，下一个上升目标范围是7.5至9.46，分别为+ 13.3％至+ 43％涨幅。这些是短期到中期的价格目标。

Stocks For Biden Win拜登获胜利好的股票

About 25 days away from the November 3rd presidential election, many latest polls are pointing to a likely Joe Biden win.  Following is the Financial Times Poll results:

To get ready for a Biden win in the stock market, following are some suggestions:

Biden has vowed to expand the Affordable Care Act, the health care overhaul that former President Barack Obama signed into law in 2010. This would be bullish for health care stocks such as pharmaceuticals and biotechnology firms. VRTX, ISRG, UNH, TDOC are a few healthcare/biotech stocks that may do well. To participate in a basket of stocks, the popular healthcare/biotech ETFs XLV and IBB may be the ones to go. 

One of the centerpieces of Biden's platform is a focus on infrastructure spending and investing in sustainability and clean energy. So infrastructure and clean energy would also do well.  Infrastructure spendings benefit the industrial and material sectors that produce heavy equipment or produce materials for roads and bridges. Spending in clean energy should benefit electric vehicle manufacturers and utilities investing heavily in wind and solar. 

Some of the infrastructure stocks are: CAT, DE, MLM, VMC and USCR. Popular Infrastructure ETFs are: IGF and PAVE.

Some renewable clean energy stocks are: BEP, FSLR, NEE and NEP.  Popular Clean Energy ETFs are:Solar Energy TAN, Wind Energy FAN, Clean Energy ICLN, PBW, QCLN.

The available ETF for Autonomous & Electric Vehicles are DRIV and IDRV.

In the case of corporate tax hike if Biden win, big cap tech stocks such as Facebook (FB), Amazon (AMZN), Apple(AAPL), Netflix(NFLX) and Alphabet (GOOG) could dip. However JPMorgan said that Biden will likely put his immediate focus on rebuilding the economy rather than raising taxes, and that any tax increases would likely be "watered down." I agree with this kind of thinking.

Shares of cannabis companies enjoyed a broad rally Thursday, amid growing hopes of federal decriminalization following comments from vice-presidential candidate Sen. Kamala Harris. “[W]e will decriminalize marijuana, and we will expunge the records of those how have been convicted of marijuana,” Harris said in the vice-presidential debate late Wednesday.  You may also pay attention to cannabis stocks such as CGC, ACB, APHA and WEED. The cannabis stock ETFs are MJ and YOLO.

离11月3日总统大选大约有25天的时间，许多最新民意调查都显示拜登获胜的可能性大。以下是英国《金融时报》的调查结果：

为了为拜登胜利在股市上做好准备，以下是一些建议：

拜登曾发誓要扩大《平价医疗法案》（Affordable Care Act），这是前总统巴拉克·奥巴马（Barack Obama）在2010年签署成为法律的医疗改革方案。 VRTX，ISRG，UNH和TDOC是一些可能会表现好的健保/生物技术股票。要参与一篮子股票，受欢迎的医疗保健/生物技术ETF XLV和IBB也可参与。

拜登平台的核心内容之一是专注于基础设施支出以及对可持续性和清洁能源的投资。因此，基础设施和清洁能源也将会表现好。基础设施支出使生产重型设备或生产道路和桥梁材料的工业和材料板块受益。清洁能源方面的支出将使电动汽车制造商和公用事业在风能和太阳能方面进行大量投资，从而使之受益。

一些基础设施股票是：CAT，DE，MLM，VMC和USCR。热门的基础设施ETF有：IGF和PAVE。

一些可再生清洁能源股票为：BEP，FSLR，NEE和NEP。热门的清洁能源ETF有：太阳能TAN，风能FAN，清洁能源ICLN，PBW，QCLN。

适用于自动驾驶和电动车辆的ETF是DRIV和IDRV。

在拜登获胜而提高企业税的情况下，面书（FB），亚马逊（AMZN），苹果（AAPL），Netflix（NFLX）和Alphabet （GOOG）等大型科技股可能会下跌。不过，摩根大通表示，拜登开始可能会把重点放在重建经济而不是增加税收上，任何增税都可能会被“淡化”。我同意这种想法。

在副总统候选人参议员卡马拉·哈里斯（Kamala Harris）发表评论后，人们对联邦将非刑事化大麻的希望日益增强，大麻公司的股票周四普遍上涨。哈里斯在周三晚间的副总统辩论中说：“将大麻合法化，我们将删除那些被判犯有大麻罪的记录。”  也可关注CGC，ACB，APHA及WEED等大麻股。大麻股ETF有MJ及YOLO。

Oil Stocks May Be Ready To Shine, MRO石油股可能将成为亮点, MRO

Marathon Oil Corporation (MRO 4.38) operates as an independent exploration and production company in the United States and Equatorial Guinea. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol, as well as owns and operates 32 central gathering and treating facilities and the Sugarloaf gathering system, a 42-mile natural gas pipeline through Karnes and Atascosa Counties. As of December 31, 2019, it had estimated proved developed reserves totaling 721 million barrels of oil equivalent (mmboe); and estimated proved undeveloped reserves totaling 484 mmboe.

With oil price strengthening, oversold oil stocks and expectation of bad earning likely built into prices already, oil stocks may be the next sector to shine. Marathon Oil made positive announcement today, its stock price is only 1/3 of its BookValue and bullish Double Bottom formed on price chart, it is so enticing, I am including it into my Diversified Aggressive Growth portfolio.  Stocks in this portfolio now include MRO, CNR, AGQ, FCX, SQ, PINS, SRNE, TGT and NKLA. You may search these symbol in this blog for more details. Followings are positives for MRO:

1. Positive Marathon Oil's announcement today:

。 Reinstated quarterly base dividend at 3 cents per share. 12 cents/year translate into 2.74%.

。 Successfully tendered $500 million of 2022 notes, resulting in $100 million gross debt reduction.

。 Fourth quarter dividend and gross debt reduction more than fully funded by third quarter free cash flow generation.

。 Capital allocation framework provides free cash flow visibility and makes meaningful cash flow available for investor-friendly purposes.

。In a $40/bbl to $45/bbl WTI price environment, intend to allocate at least 20% of cash flow from operations to balance sheet enhancement and return of capital to shareholders.

。In a $45/bbl WTI or better price environment, intend to allocate 30% or more of cash flow from operations to balance sheet enhancement and return of capital to shareholders.

2.  Good valuation: Price to Sale 0.82, Price to Book 0.31, Price to Free Cash Flow 1.46. Average analysts (27)  price target is 7.01. Book Value is 14.15.

3. Good outlook: Earning per share is estimated to increase by 50%.

4. Institution support: 73% share own by institutions.

5. WTI Crude Oil price is strengthening and is reading to breakout of important resistance.

6. Unusual Call options buying: 30437 contracts of November 20, 5 Call traded today and 26209 contracts of November 20, 6 Call traded today. These indicate strong interest in MRO.

7. Technicals: MRO has formed bullish Double Bottom around 3. Once it break above 5, it likely accelerate up to fill gap to 6.78. So 5 and 6.78 is MRO's short term targets. Longer term targets are 8.48 then 11. 

马拉松石油公司（MRO 4.38）在美国和赤道几内亚是一家独立的勘探和生产公司。该公司从事原油，凝析油，天然气液和天然气的勘探，生产和销售；以及使用天然气生产的产品（例如液化天然气和甲醇）的生产和销售，并拥有和运营32个中央收集和处理设施以及Sugarloaf收集系统，这是一条通向卡恩斯和阿塔斯科萨斯县的42英里天然气管道。截至2019年12月31日，据估计已探明已开发储量总计为7.21亿桶油当量（mmboe）;估计未开发储量总计为4.84亿桶当量。

随着石油价格的上涨，石油股票的超卖以及财报不好的预期可能已经融入价格之中，石油股票板块可能成为下一个亮点。马拉松石油公司今天发表了正面的声明，其股价仅为其账面价值的1/3，并且在价格图表上已形成了看涨的双底，如此诱人，我现在将其纳入了多元化积极增长投资组合之内。此投资组合中的股票现在包括MRO，CNR，AGQ，FCX，SQ，PINS，SRNE，TGT和NKLA。您可以在此博客中搜索这些符号以获取更多详细信息。以下是MRO的正面信息：

1.马拉松石油公司今天的正面消息：

。恢复季度基本股息为每股3美分。 12美分/年相当于2.74％。

。成功地发行了5亿美元的2022年债券，使债务总额减少了1亿美元。

。第四季度的股息和债务减少总额超过了第三季度自由现金流产生的全部资金。

。资本分配框架提供自由的现金流可见性，并为对投资者友好的目的提供有意义的现金流。

。在40美元/桶至45美元/桶的WTI原油价格环境中，打算将至少20％的经营活动现金流用于资产负债表的增强和和向股东返还资本。

。在$ 45 / 桶 WTI原油价格或更高价格的环境中，打算将经营活动产生的现金流的30％或更多分配给资产负债表增强和向股东返还资本。

2.很好好的估值：价格/销售比率0.82，价格/帐面价值比率0.31，价格/自由现金流比率1.46。27位分析师 的平均价格目标是7.01。而帐面价值则是14.15。

3.良好的前景：预计明年每股收益将增长50％。

4.机构支持：机构拥有73％的股份。

5. WTI原油价格正在上涨，并且准备突破重要的阻力位。油价的上升对油股有利。

6.不寻常的看涨期权购买：今天交易了30437 张11月20日5元看涨期权的合约，及今天交易了26209张11月20日6元看涨期权合约。这些表明对MRO的浓厚兴趣。

7.技术面：MRO已在3元附近形成了看涨的双底图形。一旦突破5元，它可能会加速上升以填补缺口至6.78元。因此5和6.78是MRO的短期目标。长期目标是8.48，然后是11。

A Growth And Value Stock CNR成长及价值股票CNR

I am including CNR in my diversified portfolio, reasons are listed as follows. Stocks in the diversified portfolio are CNR,AGQ,FCX,SRNE,SQ,PINS,TGT and NKLA. （https://tradeideablog.blogspot.com/2020/08/a-diversified-aggressive-growth.html， https://tradeideablog.blogspot.com/2020/08/adding-nkla-to-diversified-portfolionkla.html）

Cornerstone Building Brands, Inc., (CNR 9.05) together with its subsidiaries, designs, engineers, manufactures, and markets external building products for the commercial, residential, and repair and remodel construction markets in North America. The company operates through three segments: Commercial, Siding, and Windows.

1. Technicals: CNR is forming a bullish Cup and Handle pattern looks ready to break nearly 2 year high price at 10. Once 10 is broken to the upside, it may run to 14-16 area.

2. Good Fundamentals: Forward PE 13.62 while earning per share growth is +82% for this year, +260% next year, and +36% average/year for next 5 years. 

3. Good valuation: Price to Sale 0.21, Price to Book 2.75, Price to Cash 2.06

4. Institution ownership is 90% and share flow is only 43 million.

5. Unusual Call options activities: Over 4500 March 19, 10 Calls traded, more than 28 times open interest today. 

6. CNR upgraded  by Zacks to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates - one of the most powerful forces impacting stock prices.

我将CNR加入在我的多元化投资组合中，原因如下。多元化投资组合中的股票现在有CNR，AGQ，FCX，SRNE，SQ，PINS，TGT和NKLA。（https://tradeideablog.blogspot.com/2020/08/a-diversified-aggressive-growth.html， https://tradeideablog.blogspot.com/2020/08/adding-nkla-to-diversified-portfolionkla.html）

Cornerstone Building Brands，Inc.（CNR 9.05）及其子公司，设计，制造和销售外部建筑产品，用于北美的商业，住宅以及维修和改建建筑市场。该公司通过三个部分进行运营：商业，壁板和窗户。

1.技术面：CNR正在形成看涨的杯状图形，看起来正经准备好突破10元的近2年高点。一旦向上突破10，它可能会涨至14-16区域。

2. 不错的基本面：前瞻PE为13.62，而今年的每股收益增长估计为+ 82％，明年为+ 260％，未来五年的平均年增长率为+ 36％。

3.不错的估值：价格/销售比率为0.21，价格/帐面价值比率为2.75，价格/现金比率为2.06

4.机构拥有90％股票，流通股仅为4,300万股。

5.不寻常的看涨期权活动：今天3月19日10元看涨期权交易量超过4500张合同，超过未平仓量28倍。

6. CNR被Zacks升级到Zacks最高级别（强烈购买）。此次升级本质上反映了收益预期的上升趋势，这是影响股价的最强大力量之一。

Why The Market Go Down Today今日市场为何下跌

Trump refuses to negotiate for the 2nd pandemic economic stimulus plan until after the election and Congress anti-trust committee report which recommends legislative actions to Congress that would result in the breakup of Amazon, Facebook and the other tech behemoths drove US market indexes reversing morning gain and down sharply at the close. The stop of negotiation on the 2nd stimulus plan is the big surprise as the market has been expecting it to happen and has been rallying to reflect it. 

1. Trump tweets:

"Nancy Pelosi is asking for $2.4 Trillion Dollars to bailout poorly run, high crime, Democrat States, money that is in no way related to COVID-19. We made a very generous offer of $1.6 Trillion Dollars and, as usual, she is not negotiating in good faith. I am rejecting their..."

"I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business. I have asked..."

"@senatemajldr Mitch McConnell not to delay, but to instead focus full time on approving my outstanding nominee to the United States Supreme Court, Amy Coney Barrett. Our Economy is doing very well. The Stock Market is at record levels, JOBS and unemployment. .."

"...also coming back in record numbers. We are leading the World in Economic Recovery, and THE BEST IS YET TO COME!"

2. The 449-page congress report suggests breaking apart tech companies in an effort to separate businesses so they do not benefit each other and potentially harm competition, as well as other potential measures.  The congress report takes issue with tech companies owning businesses where they are both the owners of a platform, and a competitor on said platform.The Democratic report found that the four tech companies enjoy monopoly power in the following areas:Apple: distribution of software apps on iOS devices, Amazon: most third-party sellers and many suppliers, Facebook: online advertising and social networking, Google: online search.  

特朗普拒绝就第二次病毒大流行经济刺激计划进行谈判直到选举后和国会反垄断委员会的报告建议采取立法行动或会导致科技大公司拆散推动美股各大指数逆转早盘涨幅而在收盘时急剧下跌。由于市场一直期待第二轮刺激计划的谈判成功并一直在上升反映这个消息，第二轮刺激计划谈判的停止是一个很大的意外。

1.特朗普推文：

“南希·佩洛西（Nancy Pelosi）要求提供2.4万亿美元的纾困资金以救助糟糕经营，高犯罪率的民主党省份，而与COVID-19毫无关系。我们非常慷慨地提出了1.6万亿美元的方案，而像往常一样，她不是真诚地进行谈判。我拒绝他们的……”

“我已指示我的代表们停止谈判，直到大选后，当我获胜后，我们将立即通过一项主要刺激法案，重点关注勤奋的美国人和小型企业。我要求……”

“ @senatemajldr米奇·麦康奈尔（Mitch McConnell）不要拖延，而是全职专注于批准我的杰出候选人进入美国最高法院，艾米·科尼·巴雷特（Amy Coney Barrett）。我们的经济状况非常好。股市处于创纪录水平，就业和失业率处于创纪录水平。 ..”

“ ...也以创纪录的数字再次出现。我们在经济复苏方面处于世界领先地位，而且还有更好的到来！”

2.长达449页的国会报告建议将科技术公司拆散，以使其业务分开免彼此受益而可能损害竞争对手，以及其他潜在措施。国会报告对科技公司拥有业务的问题进行了讨论，这些公司既是平台的所有者，又是平台的竞争对手。民主党的报告发现，四家科技公司在以下领域享有垄断权：苹果：iOS设备软件应用程序的发行，亚马逊：大多数第三方卖家和许多供应商，面书：在线广告和社交网络，谷歌：在线搜索。