It’s raining and windy in New Jersey. Thus far, the electricity is holding up ’round these parts–but might go out later tonight. In any event, there is a generator and 20 gallons of gasoline in the garage to defend The House of Fly against such extremities. We are not in a flood zone. However, without electricity, sump pumps fail and basements flood.
Last I checked, futures were lower. For the love of Donald Trump’s unparalleled generosity, I don’t know why. Natural disasters are good for GDP, in a macabre sort of way. People need to chill the fuck out and acknowledge the power of The Turkey Gods.
Get out there kids and stock up on some furry boots from DECK, for The Winter is Coming and your feet are going to be cold.
GNRC is killing it with generator sales. HD and LOW were positively jam packed.
Refineries do well because people horde gasoline, not just for cars, but for generators. My friend owns 3 gas stations and hasn’t slept in a week. Business is booming.
Many moons ago, I created a “Hurricane Watchlist” inside The PPT. Whenever an event moves a specific sector, I like to create a watchlist and save it for future reference. Think of it as a stock market diary of sorts, a reminder to buy certain stocks under specific conditions, like hurricanes, terrorist attacks, war etc.
Here are some stocks of note from my Hurricane Watchlist (members can click on link for actual list)