Enterprise (EPD) is probably the least likely to go belly-up (I think you mean midstreamer, ET isn’t a service company). I’ve been watching ET and they are interesting. If this causes gas prices to go up some of their new investments are better. And they are swinging down capital spending. But EPD is hammered now as well and is a much better company. I’m worried about Targa. They signed something called acreage dedications - which EPD wouldn’t touch - and they are getting ready to lose a lot of money around those.
This was the stimulus bounce. We could see some additional gains into next week. Then economic data starts coming into focus. I’m 50% back in. But I’m cautious. We could have further downside depending on how bad the economic / recession data looms. But equities are beat up. Felt like a reasonable time to pick some exposure back up.
I joked about buying volatility at close of the last 3 up days, and have watched those ETNs shoot to the moon from the sidelines every time the next day. But I'm not touching anything.
we’ll see another dip unless we can see the light at the end of the tunnel. I still like buying at these levels though
They’ll be another dip once unemployment numbers come out but after that I think it will stabilize. Should also time good with increased testing capabilities and more data on a lot of the treatments being used in New York now.
Was expecting there to be a small pullback today. I still have some money on the side I haven't committed yet. Trying to determine whether I should get in or watch a little longer