...and I don't believe global recession "would kill AAL". It wouldn't be the optimal scenario, but they would still make money. Global recession doesn't mean the world comes to a standstill.
I can't do anything to affect whether or not there is a global recession. I was merely pointing out it could happen very easily and that oil would probably go below your guaranteed $30-80 range if a global recession occurred.
I'd prefer some Church's fried chicken. I checked the demographics of the city where I live. It's less than 3% asian, but asians outnumber african american's here - less than 2% of them.
"One thing is certain: Whenever the oil crash comes, it will be only the beginning. Every year that follows will bring more electric cars to the road, and less demand for oil. Someone will be left holding the barrel." Maybe you'll be the one left holding the barrel. http://www.bloomberg.com/features/2016-ev-oil-crisis/
we can't say oil will trade in the $30 - $80 range. it could easily go below $30 again, and may never get back to the $60 and above level.
If market was so worried about things coming in the future, nobody would be buying oil stocks. What will oil prices be when electric cars take over?
I'm so confused about what to do. That 50% chance of market going down tomorrow has my mind racing about what strategies I should employ.
I know that it's frustrating when companies such as Tesla are highly overvalued while AAL languishes in the mid 30s. I was merely pointing out that yesterday's AAL performance had zero to do with bombs/terror/ lone wolves.
Why are you trying to tie any of that to the performance of AAL? The general market was significantly up yesterday and AAL was up with it? The general market lost all of those gains, and AAL lost its gains also. None of that had anything to do with the NYC bombs or terrorists/lone wolves.