We are still off the lows so let us see how we open tomorrow.....Trump will announce tax holiday on estate taxes to benefit all the rich people who will die from this.
Ok, well, its hard to call a bottom and I can see your logic there. I'd still take XOM out. Swap it with KMI. Its a little more expensive (PE-wise), but it'll bounce stronger when the reversal occurs. Its got 6.25% div too. And not that it matters, but BoA downgraded several oil stocks today and upgraded Kinder. Its $15.50. I'd wait a day or so though. Hold XOM in in the interim I guess if you're gonna be stubborn lol.
Oil... or Soup lol: https://finance.yahoo.com/quote/CPB/ https://www.nasdaq.com/market-activity/stocks/cpb/institutional-holdings
Page 11. http://pubdocs.worldbank.org/en/842101571243529089/PEF-Operations-Manual-approved-10-15-18.pdf
looks like America isn't the only one panicking https://www.reuters.com/article/us-health-coronavirus-secrecy-exclusive-idUSKBN20Y2LM Exclusive: White House told federal health agency to classify coronavirus deliberations - sources WASHINGTON (Reuters) - The White House has ordered federal health officials to treat top-level coronavirus meetings as classified, an unusual step that has restricted information and hampered the U.S. government’s response to the contagion, according to four Trump administration officials.