All things STOCKS

#6,104
#6,104
Thunder Good-Oil said:
We need a Biden/Harris victory list.

TAN
FAN
Green Power
Lithium
EVs (TSLA, F)
Work from home (WFH, ZM, AMZN, DOCU)
Alcohol (STZ, SAM, DEO)
Reefer (STZ)
Bitcoin/Crypto
Europe (minus GB)
Asia
Mexico/Latin America

Maybe MLM/Vulcan/CAT and other infrastructure beneficiaries

Of course many will have already run up.
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If no stimulus, regardless of the winner, I see a rough road for Banks. Right now they are not forcing customers into bankruptcy. At least not the ones I talk to(small banks).

Covid looks like it could be bad for at least another year for the US.
 
#6,105
#6,105
Go aeiou said:
If no stimulus, regardless of the winner, I see a rough road for Banks. Right now they are not forcing customers into bankruptcy. At least not the ones I talk to(small banks).

Covid looks like it could be bad for at least another year for the US.
Click to expand...
Covid is not “bad” now. The MEDIA is bad.
 
#6,106
#6,106
Go aeiou said:
If no stimulus, regardless of the winner, I see a rough road for Banks. Right now they are not forcing customers into bankruptcy. At least not the ones I talk to(small banks).

Covid looks like it could be bad for at least another year for the US.
Click to expand...

Interest rates. If they ever go up the banks get a windfall. But I think they’ll stay low for at least a couple of years. I love the yields with those equities, but COVID must be destroying their walk up business. That might pressure the small ones while the virtual banks (Ally) prosper. Regionals might be well positioned having built viable online presences while avoiding the coming attacks on the big, bad corporations (BoA, JPM, WF, C). Tech will be interesting. Strange bedfellows for the radical left. Huge footprint in the west coast states and they are social media allies, but big bad corporations non-the-less.
 
#6,107
#6,107
I wish that I could go long labor unions, lawyers, and tax collectors. I’m not being entirely snarky. Are there any equities with returns positively correlated to those things?
 
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#6,108
#6,108
Thunder Good-Oil said:
Interest rates. If they ever go up the banks get a windfall. But I think they’ll stay low for at least a couple of years. I love the yields with those equities, but COVID must be destroying their walk up business. That might pressure the small ones while the virtual banks (Ally) prosper. Regionals might be well positioned having built viable online presences while avoiding the coming attacks on the big, bad corporations (BoA, JPM, WF, C). Tech will be interesting. Strange bedfellows for the radical left. Huge footprint in the west coast states and they are social media allies, but big bad corporations non-the-less.
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The big banks you mentioned will have losses from big business that chose to operate with borrowed money. Those losses might be deadly to those banks. They were considered too big to fail last time. The smaller banks will also have losses. They will be left to themselves, and most likely will not be bailed out. Like last time many under capitalized small banks won't make it.
If lucky there won't be too many of either to fail.
But I own jpm, bac, and wfc . Also a small bank. I will be reducing my bank exposure.
 
#6,109
#6,109
Go aeiou said:
The big banks you mentioned will have losses from big business that chose to operate with borrowed money. Those losses might be deadly to those banks. They were considered too big to fail last time. The smaller banks will also have losses. They will be left to themselves, and most likely will not be bailed out. Like last time many under capitalized small banks won't make it.
If lucky there won't be too many of either to fail.
But I own jpm, bac, and wfc . Also a small bank. I will be reducing my bank exposure.
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I own Morgan Stanley, Schwab, Wells Fargo, Truist, XLF, C, and a big position in BlackRock. BlackStone as well, but it’s a bit different. I’m considering adding Regions and/or First Horizon for the divey yields. I had my eye on SmartBank but have cooled off on it a bit (although I think their B/S is strong even with their aggressive expansion). I think that I need to mix in an insurance company or 3.
 
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#6,112
#6,112
Thunder Good-Oil said:
Florida, GA, NC, Iowa, and Ohio are up for grabs.

If Texas, AZ, MN, MI, WI, and/or PA flip it will shake things up.

2020 Presidential Election Forecast Maps
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Yeah, it's not a good sign that states like Texas and GA are so close. Those are pretty deep red states generally. I heard Trump pulled ads in OH, though I haven't verified that l. It'll be impossible for Trump to win if he loses TX.
 
#6,113
#6,113
Thunder Good-Oil said:
Hard to justify letting LA, NYC, and Chicago pick every POTUS. We’re the United STATES of America.
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Those cities only represent about 10-15 percent of all registered voters though. The truth is, larger cities if every state lean left politically, at least in regards to the more rural areas of the state. Chattanooga, for instance, is a fairly conservative city overall, but it's far more left leaning compared to surrounding towns like Cleveland, Dayton, Athens, Sorry Daisy, etc.
 
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#6,114
#6,114
Carp said:
Yeah, it's not a good sign that states like Texas and GA are so close. Those are pretty deep red states generally. I heard Trump pulled ads in OH, though I haven't verified that l. It'll be impossible for Trump to win if he loses TX.
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Oh, I missed Texas. It’s the least stable of the red states in that map. If Trump loses those 38 delegates he doesn’t have a chance to beat Kamala.
 
#6,115
#6,115
Carp said:
Those cities only represent about 10-15 percent of all registered voters though. The truth is, larger cities if every state lean left politically, at least in regards to the more rural areas of the state. Chattanooga, for instance, is a fairly conservative city overall, but it's far more left leaning compared to surrounding towns like Cleveland, Dayton, Athens, Sorry Daisy, etc.
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It will be a one party system that ignores half the states or more if the Ds get their way and change the rules by eliminating the EC. Rural areas will be ignored. But I’m not going to debate whether the EC is good or bad. This isn’t the Political Forum. I think it’s okay to speculate on a winner and how a candidate would affect equities, but this isn’t the forum to carry on with the merits of the EC. So I’ll shut up about that now.
 
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#6,116
#6,116
Carp said:
GARS is a another dividend stock worth looking at. It has done nothing but go up since June and should fill that gap up to 4.15 soon. This was a consistent 5.00-6.50 stock the last 3 years prior to the March crash.
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That is a sweet dividend stock.
 
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#6,117
#6,117
Carp said:
GARS is a another dividend stock worth looking at. It has done nothing but go up since June and should fill that gap up to 4.15 soon. This was a consistent 5.00-6.50 stock the last 3 years prior to the March crash.
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If somebody is looking for a dividend, they might want to look somewhere else.

$62mm market cap and no fewer than 9 law firms investigating them.

$18mm in sales and a $22mm loss.

That’s a risky 5% dividend.
 
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#6,120
#6,120
Thunder Good-Oil said:
Interest rates. If they ever go up the banks get a windfall. But I think they’ll stay low for at least a couple of years. I love the yields with those equities, but COVID must be destroying their walk up business. That might pressure the small ones while the virtual banks (Ally) prosper. Regionals might be well positioned having built viable online presences while avoiding the coming attacks on the big, bad corporations (BoA, JPM, WF, C). Tech will be interesting. Strange bedfellows for the radical left. Huge footprint in the west coast states and they are social media allies, but big bad corporations non-the-less.
Click to expand...

Might want to take a look at brick and mortar bank closures. This appears to be an area where banks are looking to cut costs. I believe walk-in clients are down around 70% in many areas. I suspect banks are using covid to close low producing banks. I suspect we'll see about 10-15% of the branches close in the near future.

Example: US Bank is planning the closure of 13% of its branches. Wells is planning to close 800 branches, leaving it with around 5,000.
 
#6,122
#6,122
GoDucks349 said:
Might want to take a look at brick and mortar bank closures. This appears to be an area where banks are looking to cut costs. I believe walk-in clients are down around 70% in many areas. I suspect banks are using covid to close low producing banks. I suspect we'll see about 10-15% of the branches close in the near future.

Example: US Bank is planning the closure of 13% of its branches. Wells is planning to close 800 branches, leaving it with around 5,000.
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What is strange is how many new bank branches were being built before COVID-19 yet subsequent to the Amazon Effect. At least locally. There continue to be lines at the drive through windows at Regions, Truist, and First Horizon while lobbies have not been ghost towns when I’ve visited. I’m not real impressed with their professional staffs, but that’s nothing new. Seem to be chock full of recent grads charged with calling clients.
 
#6,123
#6,123
Thunder Good-Oil said:
What is strange is how many new bank branches were being built before COVID-19 yet subsequent to the Amazon Effect. At least locally. There continue to be lines at the drive through windows at Regions, Truist, and First Horizon while lobbies have not been ghost towns when I’ve visited. I’m not real impressed with their professional staffs, but that’s nothing new. Seem to be chock full of recent grads charged with calling clients.
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couldn't agree more...

One of the funniest things I've seen in a branch happened 10 years ago. I'd recently sold a townhome to an all cash buyer, he'd wired $500k into my checking account. I was in getting some crisp $100s for xmas. When the teller pulled up my account and saw the $500k+ balance she got this very blank look on her face. She got composed, went to get the crisp 100s and came back with this young branch manager that wanted to know if he could help me with my financial planning. I laughed and just said, "I'm fine thanks"
 
#6,124
#6,124
GoDucks349 said:
couldn't agree more...

One of the funniest things I've seen in a branch happened 10 years ago. I'd recently sold a townhome to an all cash buyer, he'd wired $500k into my checking account. I was in getting some crisp $100s for xmas. When the teller pulled up my account and saw the $500k+ balance she got this very blank look on her face. She got composed, went to get the crisp 100s and came back with this young branch manager that wanted to know if he could help me with my financial planning. I laughed and just said, "I'm fine thanks"
Click to expand...
I had a similar situation one time. I told them I was going to close my account and would like to withdraw all of my money. My buddy who was with me laughed and said he doubted they had enough to cover it. The teller basically laughed at him, until she pulled up the account. Then she looked at me and said they’d have to write me a check 😂
 
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