All things STOCKS

#5,977
#5,977
Cyber currencies should take off. If the Democrats take over I think hiding your assets will be rampant. I seriously hope that they could be moderate, but they’d need to distance themselves from Bernie (socialism) and I really think that Elizabeth Warren needs to keep her paws off of the economy. I’m trying not to be political, but some of those D elites scare me ****less.
 
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#5,980
#5,980
TheColdVolTruth said:
This may be a dumb question, but are you talking about Chevron? I know them as CVX on the NYSE. It looks like CHV is their listing on the FRA.
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Yes. Thank you.

Chevron seems to be preferred over Exxon despite the lower yield and loss. But that has more to do with what the analysts are expecting in the future rather than looking back at the last published financials. Perhaps the Chevron dividend is safer than Exxon’s.
 
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#5,981
#5,981
Thunder Good-Oil said:
Yes. Thank you.

Chevron seems to be preferred over Exxon despite the lower yield and loss. But that has more to do with what the analysts are expecting in the future rather than looking back at the last published financials. Perhaps the Chevron dividend is safer than Exxon’s.
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I've contemplated liquidating or perhaps putting it all in gold. What are your thoughts? If biden wins I expect a massive sell off and crash.
 
#5,982
#5,982
Thunder Good-Oil said:
Yes. Thank you.

Chevron seems to be preferred over Exxon despite the lower yield and loss. But that has more to do with what the analysts are expecting in the future rather than looking back at the last published financials. Perhaps the Chevron dividend is safer than Exxon’s.
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CVX seems to be in favor over XOM for the talking heads at CNBC whenever they discuss energy. I shorted oil in January and February, but stopped trading it before the negative prices in March. I honestly can't see the bull case for oil going forward. I guess the decreased CapEx would be returned to shareholders, but that doesn't necessarily translate to a forward looking strategy. It starts to feel like arranging the deck chairs on the Titanic. Do you have any thoughts on NEE?
 
#5,983
#5,983
InVOLuntary said:
I've contemplated liquidating or perhaps putting it all in gold. What are your thoughts? If biden wins I expect a massive sell off and crash.
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There are so many unusual factors in play I really don’t know what to expect. COVID, China, POTUS with COVID and Biden seemingly mentally slipping, Kamala Harris, SCOTUS appointments being so partisan, health care costs, huge budget deficits and rapidly expanding national debt, so much naive love of socialism, globalism favored over nationalism by a loud segment of the population, and civil unrest to name some biggies. Without getting too political, I really feel like the corporate tax cut was huge to get the economy rolling. I wish it would be left alone. It is now in line with other leading economies around the world. I feel like raising the rate appeals to voters envious of wealth and success rather than being a rational economic policy. Instead of raising taxes and potentially wrecking the economy by reversing the trend of bringing back manufacturing I’d rather keep selling that low interest debt.

I really hope that the separation of powers remains intact. I’d hate for POTUS, the Senate, and the House to all be Ds or Rs.

It seems like gold would be a safe haven, but it seems kind of expensive already and doesn’t generate revenue. I’ve not been much of a watcher of metals.

With all of those things in play, I’m strongly considering turning most of my personal capital over to the Wall Street professional money managers and give them the 1% fee.
 
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#5,984
#5,984
TheColdVolTruth said:
CVX seems to be in favor over XOM for the talking heads at CNBC whenever they discuss energy. I shorted oil in January and February, but stopped trading it before the negative prices in March. I honestly can't see the bull case for oil going forward. I guess the decreased CapEx would be returned to shareholders, but that doesn't necessarily translate to a forward looking strategy. It starts to feel like arranging the deck chairs on the Titanic. Do you have any thoughts on NEE?
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I like NEE. They seem to have a pretty good mix of plants. I’d like to see their percentages of NG, Oil, nuke, and renewables. I own a bit of Dominion. I do think that if the political atmosphere doesn’t go off of the tracks that the power generators will be relatively safe to own. Electric vehicles won’t be powered by fairy dust... they’ll still have to be plugged in every night.

I kind of like Exxon and Chevron since they are integrated and also pump the NG instead of being 100% oil. Even though we’re in a pandemic that’s crippled the economy, there sure is a ton of traffic circling the shopping areas on the weekends. There might be less petro being sold at the pump, but they can sell more oil to the electricity generators. I’d make a big bet on energy and big oil if the political climate wasn’t so unstable. Instead I might nibble and hold for several years.
 
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#5,985
#5,985
InVOLuntary said:
I've contemplated liquidating or perhaps putting it all in gold. What are your thoughts? If biden wins I expect a massive sell off and crash.
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I wouldn't expect a crash. They'll be some market uncertainty for sure, but I doubt there'd be a crash unless the election was contested and/or there was some civil unrest.
 
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#5,988
#5,988
Carp said:
Depends on how close the election is. It'll be hard to contest a blowout, which recent polling seems to suggest. Almost wonder if this COVID POTUS stuff is a political play.
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It will away back toward Trump when this passes.
 
#5,989
#5,989
InVOLuntary said:
I've contemplated liquidating or perhaps putting it all in gold. What are your thoughts? If biden wins I expect a massive sell off and crash.
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I think Biden winning is already priced in. But when (or if) Trump wins...that’s when you’ll be happy to have skin in the game. Things will absolutely rocket.
 
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#5,990
#5,990
I am always surprised when people just assume that elections cause a crash or, even more ridiculous, anti-crash. Can you not just take 10 seconds to look at a chart of the DJ for the last 100 years and try to find the elections? It's ridiculous. Try to separate the democrats from the republicans looking at 100 years of total returns on a chart.

Now; elections might cause buying opportunities. They could do that.
 
#5,991
#5,991
Firebirdparts said:
I am always surprised when people just assume that elections cause a crash or, even more ridiculous, anti-crash. Can you not just take 10 seconds to look at a chart of the DJ for the last 100 years and try to find the elections? It's ridiculous. Try to separate the democrats from the republicans looking at 100 years of total returns on a chart.

Now; elections might cause buying opportunities. They could do that.
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I don’t buy into those POTUS and the equity market charts. They ignore which party holds the House and Senate. They also don’t factor in the months between the election and inauguration. Look at how far equities ran up after Hillary as POTUS was put to rest yet before Trump took office.

The markets are pulled along muchly based on the general economy. The policies that affect the economy often lag by years. Cutting taxes can result in long term positive trends like creation of jobs and the building or retaining of production facilities while creating immediate pressure on the deficit. The profits after investing in large capital projects take years to realize. They will actually be lower in the near term. Equity prices eventually normalize and are largely, positively correlated to company bottom lines.

Another thing that those POTUS/market average charts ignore are the things that can not be controlled. Terrorists flying planes into buildings crushed markets and had nothing to do with George Bush. It could be argued that Clinton is more to blame for not taking out Bin Laden when he had a shot. The Great Recession gets blamed on Bush as well, but things like access to sub-prime lending had Clinton’s and Frank’s finger prints all over them. Same deal with COVID-19. Trump did not create it. The Chinese Communist Party did.
 
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#5,992
#5,992
I think the Democratic Senate candidate from NC not keeping his wiener in his pants is an underappreciated market story.

Not sure the Dems can get to 50 in the Senate without NC.

And yes, I think Trump is toast
 
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#5,994
#5,994
I would think that the theater names are going to be highly volatile. They’ll overshoot with every bit of news of the pandemic’s end but it will take years to establish new AT highs. There is pent up demand but the reality is that they will not be operating near capacity for a long time and they have had to dilute their stock and/or sell debt to survive. Plus the studio pipelines have dried up. Option traders should do well as they slowly recover.
 
#5,995
#5,995
Materials have had a great morning. I’ve been watching for Martin Marietta to pull back but I missed the ride up. US Concrete and Vulcan are zooming today. Home Depot however is pretty flat today.
 
#5,996
#5,996
I think the way a new potus effects the market has more to do with consumer confidence and consequently how business views consumer confidence. If consumers withdraw, business withdraws. I realize it's anecdotal but I've witnessed it first hand. Pro business presidents I have business. I barely survived the Obama years. My business depends on very upper middle class to rich people. It's a luxury item and if they retract, I don't have business. I'm preparing to retire if Biden is elected. At least have a contingency plan to retire and close down.
 
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#5,997
#5,997
Thunder Good-Oil said:
I would think that the theater names are going to be highly volatile. They’ll overshoot with every bit of news of the pandemic’s end but it will take years to establish new AT highs. There is pent up demand but the reality is that they will not be operating near capacity for a long time and they have had to dilute their stock and/or sell debt to survive. Plus the studio pipelines have dried up. Option traders should do well as they slowly recover.
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Yeah, think they will trade very similar to cruise ships. Dont see how many will survive if no vaccine by this time next year.
 
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#5,998
#5,998
BigOrangeMojo said:
I think the Democratic Senate candidate from NC not keeping his wiener in his pants is an underappreciated market story.

Not sure the Dems can get to 50 in the Senate without NC.

And yes, I think Trump is toast
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Yep. SC seems like a toss up right now as well. Harrison has out-raised Lindsey Graham by a pretty good margin. Losing Graham would be a pretty big gut punch to the Republican party.
 
#5,999
#5,999
BigOrangeMojo said:
Yeah, think they will trade very similar to cruise ships. Dont see how many will survive if no vaccine by this time next year.
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With as many final phase vaccines out there right now, there's a solid chance one is available by the start of 2021.
 
#6,000
#6,000
Carp said:
Yep. SC seems like a toss up right now as well. Harrison has out-raised Lindsey Graham by a pretty good margin. Losing Graham would be a pretty big gut punch to the Republican party.
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I’m really not sure the donations matter. I don’t see us losing Graham.
 
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