There may well be some good buys out there right now, but not because Obama says so. If he shuts up for a while we might see some rebounds.
In fact I’d go as far as to say that any stock Obama would mention by name is one NOT to buy.
And have basically taken over much of the banking industry already.....
And are telling everyone you are going to tax the snot out of oil companies...
And advertising that you are going to tax the heck out of "producer citizens"...
And telling coal companies you are going to tax them into bankruptcy.
And telling everyone and their brother that these deficits are going to run out years and years......
I'd say the only thing to do is exit the stock market completely...or short everything.
Look for the corporations that gave a lot of money to the Obama scampaign.
They will be the ones receiving bailout money...
A sure bet is whenever he opens his O-hole, the market goes down. That you can bet on.