{"id":50309,"date":"2020-04-15T12:22:00","date_gmt":"2020-04-15T16:22:00","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=50309"},"modified":"2020-04-15T12:22:00","modified_gmt":"2020-04-15T16:22:00","slug":"airlines-drug-companies-talking-heads-and-mass-suicides-theres-a-connection-somewhere","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=50309","title":{"rendered":"Airlines, drug companies, talking heads and mass suicides. There’s a connection somewhere."},"content":{"rendered":"

A couple of weeks ago when a hugely successful hedge fund manager got on CNBC and argued that Tesla wasn’t a business, it was a car company, like Ford or GM.<\/p>\n

Hence, dump your Tesla. Or better, short it.<\/p>\n

The intelligent “trade” was to ignore the “learned” words on BubbleVision and buy Tesla around $400. Here’s TSLA year to date.<\/p>\n

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CNBC has 24-hours, seven days a week to fill. They need “stars.”\u00a0 Their “stars” are not the usual movie stars, politicians or authors.<\/p>\n

They’re hedge fund managers who appear for two reasons — their egos and their need to attract money to their hedge funds.<\/p>\n

When a hedgie stays “Tesla is not a real business<\/em>” that isn’t an invitation to short it or sell it. That is an invitation to ignore it the “advice.”<\/p>\n

Ignoring advice is empowering.<\/p>\n

You never know if he’s telling you to sell it because he wants to buy it cheaper or vice versa.<\/p>\n

The airlines are getting their bailout monies.<\/strong> <\/span><\/p>\n

Bailout monies are flowing. The airlines won’t be flying soon, but they will have enough to stay alive. Hence some of them could be a nice spec.<\/p>\n

Here’s a three-month chart showing some of the majors. UAL has been the worst performer; LUV comparatively the best (at least in this chart).<\/p>\n

I suspect owning a little DAL, AAL, JBLU and LUV might be rewarding in coming months.<\/p>\n

Here’s a comparative chart of the last three months.<\/p>\n

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Who’ll discover the cure or the vaccine?<\/strong><\/p>\n

Unless you’re really good with the crystal ball, you’ll never guess which pharma or biotech will win the race.<\/p>\n

My key is to look at their yields and go for a great company and a decent yield, e.g. JNJ (2.8&), GILD (3.5%), and LLY (1.96%).<\/p>\n

Who am I missing?<\/p>\n

Oil price decline this year is incredible<\/strong><\/span><\/p>\n

Get your head around this. This is WTI oil this year. It’s down a whopping 67.3%. Today it’s slightly under $20 a barrel. That should be great for all the factories — were they open. It’s great for consumers — if you could go somewhere. Gas is cheap.<\/p>\n

Pollution is way down. There are even blue skies in places like New Delhi and Beijing.<\/p>\n

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You don’t see 67.3% declines in a few months often.<\/p>\n

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Finally Amazon understands me and my taste in music<\/strong><\/span><\/p>\n

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Bogus stuff<\/strong><\/span><\/p>\n

Someone made all the stuff up about what this book contained:<\/p>\n

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And this puzzle (from yesterday) doesn’t work. The video is designed to drive us nuts.<\/p>\n

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