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USAID: The Guilt Trip Begins

Portfolio Armor's Photo
by Portfolio Armor
Thursday, Feb 13, 2025 - 10:10
David Miliband and an old Burmese lady.
David Miliband, the CEO of the USAID-funded International Rescue Committee, makes over $1.1 million per year. 


"Evil" 

That's how Armand Domalewski characterized the USAID funding freeze after a 71 year old woman died. 

If Domalewski's name seems vaguely familiar to you, it may be because he defended the right-leaning Manhattan Institute's employment of a transsexual last week. Apparently, he's wrong about lots of stuff. 

Did They Let This Woman Die On Purpose?

Given the relative pittance it would have cost to extend her life, it seems so. 

Update #1

Some say that the free oxygen refills may have been a COVID-era special by that Thai company, but apparently you can refill an oxygen cannister for about $3 in Thailand, so the point that this woman's life could have been extended for a relative pittance remains true. 

The Left Is To Blame For The Shutdown Of The USAID

If all the USAID did was dole out cost-effective charity overseas, it would still be in business. But you can't spend most of the money on sinecures for leftists and spreading gay race communism and expect most Americans to support it. 

Let's wrap this up on a positive note by sharing a couple more trading wins with you. 

Two More PA Top Names Soar After Earnings 

In our last post (A Solution For South Africa), we mentioned that one of our recent top names, Upstart Holdings (UPST 0.00%↑), had soared after earnings. Today, two more of our recent top names are soaring after earnings:

1) AppLovin (APP 0.57%↑). 

APP was one of our top names in December, and we placed an options trade on it in this trade alert then (click on the image to go to the post): 

If this morning's price action holds on APP, we'll probably exit the trade for a gain of about 200% later today. 

2) Robinhood Markets (HOOD 1.02%↑). 

HOOD was one of our top ten names at the end of October, and we placed an options trade on it in this trade alert then:

If this morning's price action holds, we may exit this trade today for a gain of more than 1,200%

Update #2

We exited that Robinhood trade for a gain of 1,434% today. 

No exit yet on the Applovin trade. 

If you want a heads up next time we place a trade based on one of our top names, you can subscribe to our trading Substack/occasional email list below. 

And if you would like to add some downside protection, while picking your own securities, you can download the Portfolio Armor optimal hedging app by aiming your iPhone camera at the QR code below (or by tapping here, if you're reading this on your phone).

 

If you'd like to stay in touch

You can scan for optimal hedges for individual securities, find our current top ten names, and create hedged portfolios on our website. You can also follow Portfolio Armor on X here, or become a free subscriber to our trading Substack using the link below (we're using that for our occasional emails now).

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Contributor posts published on Zero Hedge do not necessarily represent the views and opinions of Zero Hedge, and are not selected, edited or screened by Zero Hedge editors.
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