Post by
Shazam57 on Apr 07, 2020 10:11am
I suggest
I know it is a totally different market but I suggest everyone look at energy stocks. With the beating they have taken due to the Saudi and Russian flooding the market with oil. The prices are freakishly low. Opec just called an emergency meeting on the weekend and the stocks are on the rebound. When it is agreed that the Saudies and other countries cut production then they will rebound heavily. a bunch are already up in the teens percentage wise but still very cheap.
Comment by
Damasta on Apr 07, 2020 12:07pm
This post has been removed in accordance with Community Policy
Comment by
Shazam57 on Apr 07, 2020 4:03pm
Can't agree more. If covid takes a round 2 next fall then the pain will be felt again. Just not as much. From my understanding Trump talked with Saudi and that is probably got the ball rolling. Maybe he threatened to not sell arms to them and divert the arms to Yemen lol.