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Keyser Söze[_3_] Keyser Söze[_3_] is offline
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First recorded activity by BoatBanter: Oct 2020
Posts: 1,507
Default I see the market

On 11/9/20 2:35 PM, Wayne B wrote:
On Mon, 9 Nov 2020 12:48:30 -0500 (EST), justan wrote:

"Justan O." Wrote in message:r
Likes Biden. I'm glad I didn't pull my investments and put them in cash. Let's turn lemons into lemonade. That is if you have any. Got it Fat Harry?


My energy stock is up 30% today. This is crazy. Whats going on?


===

Energy stocks have been depressed this year largely because of greatly
reduced travel plans and the "work from home" trend. The vaccine news
is being taken as a big step in the right direction for returning to
normal. Let's hope.


I wonder how much "business meeting travel" will recover. I know it will
come back, but with the vast improvement in meeting software and the
tons of $$$ it saves, I'd bet corporate planning doesn't get back to its
previous spending level for meetings.

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*Expand the Supreme Court!*