09-03-2021, 04:23 PM
(09-03-2021, 03:34 PM)EricL Wrote: I didn't buy anything, I just started a new thread to help out Fenders! =)Thanks, I didn't buy anything either. Next week I think I will start watching some stocks that will probably have their earnings hit a bit by Delta this quarter, or benefit from infrastructure. That seems inevitable.
-Cruise lines are obvious and will probably be attractive soon.
-Airlines are obvious but I would need a deal. They are so tangled up in GOV funny money I don't know what a good price looks like.
-Not touching hotels.
-Quality restaurants aren't likely to dip even if it gets pretty bad. If they do I will jump in. They have adapted to Covid conditions well enough and widespread lock downs aren't happening again.
Infrastructure deal will pass in some form. I will carefully read the details on whatever does pass. 3.5T sounds huge for stocks. Something smaller spread out over ten years not so earthshaking. There will be some winning subsectors in there, but I'm not convinced it's as easy as buying some huge cap industrial with an already high PE.
Unemployment kicker just ended but supposedly people have lots of cash to spend? I am very wary of pure retail without a significant correction.
Many other sectors I have no short term opinion on. Anyone have any compelling buys for the next few weeks since this is the buying thread?