FDo you all know that humans are no longer allowed on the trading floors? It’s all being done by computers.
Restaurants across the nation are predicted to loss about 26 billion in sales. I have lots of friends who were just laid off or let go in the industry at the airports.
The fast food industry will survive. They are the only ones people will trust. Drive up and pick up your food. Plus it’s cheap and you have value meals. You can go to MCD or WEN and spend less then $10 for an entire meal. SBUX will also do well. Everyone needs their coffee. Those other restaurants who don’t have a drive through will suffer.
No one is talking retail. They will also suffer in all this. Most have closed their doors. Sure you can buy on line but people aren’t buying anything right now with people out of work. ANZN, WMT, TGT, KR will do just fine. The rest not so much.
Companies like PG, PEP, CLX, CHD should be ok as well. Everyone needs toilet paper, cleaning supplies, snacks, soda, water ect.
Autos, airlines, rails, trucking, oil. Flights are canceled, capacity cut, the pumps will suffer since no one is driving.
Utilities and Gold are a good place to be as well.
Vaccine companies doing well. Other then GILD, JNJ, ABBV and ABT the rest of those micro caps are a gamble.
Cell phone carriers and tower companies good. No one can survive without cell phones lol
WBA and CVS should do ok based on people need prescriptions
Tech who knows. I just been avoiding it for now lol
Nothing is safe but at least we know which sectors will hold up better then others. Lots of buys in the market but too many to choose from. I’m not buying 25-30 stocks. I’m buying 5 names I really like and will add to those gradually. You buy too many your just asking for trouble in times like this lol
Restaurants across the nation are predicted to loss about 26 billion in sales. I have lots of friends who were just laid off or let go in the industry at the airports.
The fast food industry will survive. They are the only ones people will trust. Drive up and pick up your food. Plus it’s cheap and you have value meals. You can go to MCD or WEN and spend less then $10 for an entire meal. SBUX will also do well. Everyone needs their coffee. Those other restaurants who don’t have a drive through will suffer.
No one is talking retail. They will also suffer in all this. Most have closed their doors. Sure you can buy on line but people aren’t buying anything right now with people out of work. ANZN, WMT, TGT, KR will do just fine. The rest not so much.
Companies like PG, PEP, CLX, CHD should be ok as well. Everyone needs toilet paper, cleaning supplies, snacks, soda, water ect.
Autos, airlines, rails, trucking, oil. Flights are canceled, capacity cut, the pumps will suffer since no one is driving.
Utilities and Gold are a good place to be as well.
Vaccine companies doing well. Other then GILD, JNJ, ABBV and ABT the rest of those micro caps are a gamble.
Cell phone carriers and tower companies good. No one can survive without cell phones lol
WBA and CVS should do ok based on people need prescriptions
Tech who knows. I just been avoiding it for now lol
Nothing is safe but at least we know which sectors will hold up better then others. Lots of buys in the market but too many to choose from. I’m not buying 25-30 stocks. I’m buying 5 names I really like and will add to those gradually. You buy too many your just asking for trouble in times like this lol