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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (4881)	3/20/2020 5:10:11 PM
From: louel	1 Recommendation Recommended By elmatador Respond to of 13803

All the uproar over the virus has made for fantastic short positions American and United Airlines were foregone conclusions when first travel advisory's then followed by the bans. Bear ETF's also did well. The markets declining presents one opportunity. Just have to watch for the reversal as the virus levels out. There are already some very quality companies already undervalued. Which will rise again as the economy recovers from this shock. It will probably quite quickly, as this is not a financial crises but rather a passing health one. As many raw basic material companies are shut protecting their workers. The stockpiles are slowly being eroded. There will be opportunities there. Without the basic material supplies manufacturers cannot fill consumer needs. Financial institutions who have been hit. Like the 5 major Canadian Banks, who will also offer decent long entry points. They are highly regulated historically among the safest banking institutions in the world partially owned and backed and protected by the country which contains some of the world's largest resources. Basically in a monopoly position. Like Canadian dairy. Making them a pretty secure blue chip investment. Only one bank in Canada has ever failed that was over 90 years ago. The largest bank (RY) has already dropped by 27% and probably another 10 to go before it is over.