I’m almost certain this is how it happened. Trump watched this epic episode of George pretending to be a marine biologist…and the light switch went on in that tiny little mind of his.
“If George can be a marine biologist, then why can’t I become President of the United States?” Trump must have asked himself out loud.
Then…of course, Obama skewered him at the Correspondents Dinner…and the rest is history.
Some…become president because they believe they can do truly noble things to help others.
In Trump’s case…not a chance.
He just wanted to outdo George in pulling off the greatest lie of all-time.
Tell me I’m wrong.
Lol good one…
I have a question for you, what are your thoughts about buying some oil stock right now? I’m talking about something long term (2+ years)…
What about hotels and airlines?
You would think at some point both Putin and the Saudis will stop flooding the market with cheap oil. It’s silly. Devon has more cash on hand via recent asset sales to handle this short-term than Continental, plus they hedge oil aggressively. Not so with Continental. Harold Ham wasn’t hedged from what I understand. Very stupid. Both companies have significant issues moving beyond this. I would say long-term both might be an interesting buy/hold position.
Boeing at $89 a share was the ticket for a quick trade just before the initial stimulus was announced. Boeing is simply too big to fail for the U.S. economy.
I would go more with the airline stocks. They’ll have plenty of stimulus liquidity plus their fuel costs should still be relatively low. Plus, every human in the country is desperate to get away from their own immediate family members after this long of a period of time together. Togetherness can only go so far. People will be flying everywhere to get some sanity.
I fear more for Oklahoma’s economy more than for any other state as this winds down. I think the Dow itself should be back to say around 25,000 by July, but I see no where Oklahoma will get economic traction per se.
Don’t laugh…I think long-term Texas should acquire Oklahoma as province acquisition so as to improve the educational and economic plight for these people north of the Red River who have brought this on themselves with perpetual poor choices at the ballot box of late.
Thanks for the reply mike!
I missed out on Boeing but there’s still some time for big airlines, Delta/american haven’t been this low in several years.. You scare me off devon/continental, but I’m watching some of the “too big to fail” ones…
I guess my point is there’s some stocks that may be at a safe entry point right now, I’m talking about long term / hold for dear life, and want to pick your brain since this next few months will be rough no doubt!
If you’re just doing long-term I’d go on these to hold for awhile:
1 Walmart, 2 SW Airlines which is trading close to its 52 week low today at 30.14, 3 American Airlines which is trading at it s 52 week low at 9.77, 4 maybe Phillips 66, 5 Home Depot, 6 McDonald’s and 7 Amazon.
What I think we have to judge is how long term this is going to reshape how consumers spend their money. It’s intriguing to witness how this is going to reshape the U.S. economy.
“What I think we have to judge is how long term this is going to reshape how consumers spend their money. It’s intriguing to witness how this is going to reshape the U.S. economy” Completely agree… Some of those companies may take 4+ years to completely recover though…
Good catch with mcdonals and home Depot…
The market is crazy. Oil went up today just under to $29 a barrel even though oil brokers are paying to have oil hauled off from the storage tanks. Basically oil is a negative commodity right now. we need to talk about restaurants next because after government jobs the restaurant sector is our second leading job creator in the U.S. This is going to very tricky for these business owners. Smerconish should be lit tomorrow morning. Older people get lit on shit like this.
I don’t know how I found you but I love the articles