electric ain't going anywhere w/30$/barrel.Perhaps there's more to oil losing. With EVs gaining traction and the US producing from shale.
for reference look @ TSLA's action today
electric ain't going anywhere w/30$/barrel.Perhaps there's more to oil losing. With EVs gaining traction and the US producing from shale.
electric ain't going anywhere w/30$/barrel.
for reference look @ TSLA's action today
DIS is a long term play because by June when all the parks are open and the summer movies come out (Mulan/TMNT), all the people who had to stay away flood the parks, ABC/ESPN get back sports and ad revenue, DIS will find its way back in the previous levels.
XOM is too diversified and big a company to suffer at $38/share with Oil moving back higher by the Fall,
BA worries me with Airlines taking a hit and maybe slowing down orders but BA always has a huge backlog.
WMT is already near highs...it is a large moving slow dinosaur, not much upside even if economy slows down
Banks worry me due to low rates which will cut into earnings on loan portfolios. With such low savings rates will be harder to keep attracting money
Airlines could be good for a year rebound when travel restrictions are lifted and jet fuel costs being so low. Maybe a pool of United, American and a few of the discount boyz (LUV)
I'm not a fundamentals trader, but I'd be weary of BA, or any company with a lot of debt. Don't know where COVID's taking us, but a lot of corporate debt in times of high uncertainty makes me uncomfortable.
Thank you Cabin11 for the recommendation.I would put low bids on things like; ADM, DUK, REMX, CVX, XOM, WMT, BP, WFC, ZION, VZ, SLV (option...Covered call), RVT, LOW, BG. You can chew on those for awhile...
Thank you for the XOM and BA comment. I do like DIS.DIS is a long term play because by June when all the parks are open and the summer movies come out (Mulan/TMNT), all the people who had to stay away flood the parks, ABC/ESPN get back sports and ad revenue, DIS will find its way back in the previous levels.
XOM is too diversified and big a company to suffer at $38/share with Oil moving back higher by the Fall,
BA worries me with Airlines taking a hit and maybe slowing down orders but BA always has a huge backlog.
WMT is already near highs...it is a large moving slow dinosaur, not much upside even if economy slows down
Banks worry me due to low rates which will cut into earnings on loan portfolios. With such low savings rates will be harder to keep attracting money
Airlines could be good for a year rebound when travel restrictions are lifted and jet fuel costs being so low. Maybe a pool of United, American and a few of the discount boyz (LUV)
WMT is already near highs...it is a large moving slow dinosaur, not much upside even if economy slows down