Yours truly… is getting a little nervous about a stimulus package… Time is running out.
We are very focused on reopeners right now. The FDA is meeting tomorrow to hopefully approve the vaccine… word on the street says we won’t have an official announcement until either Friday or Monday. HOWEVER, with another red day today, we have a hunch that the market is getting ready to have a great end of the week or next week.
Obviously, the cruise lines have been hit hard during the pandemic. If you want a solid 6-month play you got one right here. Honestly, even long term we believe the cruise lines will make money again. One particular name we would suggest is Norwegian $NCLH as they are still down 50% on the year. so wait to get in till they pullback. Definitely keep this name in your back pocket.