/biz/ - Business & Finance

Is this list bullshit? Thoughts????


>“So, ‘what do you think of the market?’ is less interesting of a question than, ‘what do you think about banks, commodities, emerging markets, defense stocks, tech, etc?’” Hayes said.
>Some names he mentioned that could come screaming back in a post-pandemic world include: Bank of America BAC, -1.56% , JPMorgan Chase JPM, -1.19% , Apache APA, -3.91% , Murphy Oil MUR, -2.74% , Boeing BA, +0.18% , Lockheed Martin LMT, -0.55% , MGM MGM, -0.33% , Las Vegas Sands LVS, -0.02% , Southwest Airlines LUV, +0.55% and United Airlines UAL, -1.13% , to name just a few with compelling set-ups.
>“Announcement of a vaccine, or major breakthrough that pointed to near certainty and timeline on vaccine/treatment... would shift consensus FROM slower recovery/growth (lower rates) — which benefits tech — TO faster recovery/growth (slightly higher rates) — which benefits cyclicals,” he explained in his post. “When these groups turn, it will be abrupt.”
>Banks, in particular, should see a big move higher, he added.