I became withdrawn
The only thing I knew how to doWas to keep on keepin’ on like a bird that flew
Tangled up in blue (Dylan)
My Opinion ? this is the bottom for the market........the profit taking from the tech stocks is over.....the obsession with tariffs while ignoring everything else has leveled off, and most importantly ; the recently maligned banking sector was thrown a lifeline yesterday when President Trump named Fed Gov Michelle Bowman as Fed Vice chair for Supervision........once the market fairly digests this information along with inflation flattening out and the train to reduced govt spending is proceeding down the track and has not been derailed ....Musk is finding real corruption that will result in real savings......i think the market will soar.
Trump told us on the campaign about short term pain for long term gain.......he told us he would use tariffs to both raise revenue and ultimately force the EU-Canada-Mexico to lower or drop their tariffs....and that is what he is doing.....he talked to the Irish PM yesterday about how Ireland lowered their Corp Tax Rate at the same time obama was raising ours.....and how Pfizer and Big Pharma all moved to the Emerald Isle..he stressed the need to get that supply chain back on US shores....creating US jobs.......he talked about China building car factories in Mexico and how he would tariff those cars at 200%.........the media hates Trump and is rooting against and actively working against him......but although money may be stubborn....it isn't stupid.........I firmly believe we go up big from this day forward.......and my favorite stock of the past 20 years will lead the way.
JPM is trading at the bargain rate of $228 with an annual dividend of $5...........this is a $300 stock by new years eve.......giddy up.
if you are looking for a cheap way to play the energy sector , my all time stock that i have been holding since the 90's is EPD.........oil & natural gas pipe lines across the Permian basin and the southeast......$33 stock with a div yeild of 7%..........if oil prices drop because of increased supply from the drill baby drill policies....you might want to be aligned with the companies that charge $$ to move the product.....
2+3=BEEER
And I was standin’ on the side of the road
Rain fallin’ on my shoes
Heading out for the East Coast
Lord knows I’ve paid some dues gettin’ through
Tangled up in blue
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