I've said for months now that oil will go below $50. I think it will ultimately settle between $20-$30. Which companies will benefit most from this? I think that is where we can make a lot of money.
Airline stocks are cheap.
Automakers are cheap.
Refiners are cheap.
It all depends upon your personal outlook. If you think Armageddon is at our doorstep, even these cheap prices are too high. OTOH, if you think America and capitalism will still be around this time next year, maybe there are some really good opportunities out there.
It's your decision. I am no financial expert, so don't blame me if we go into Great Depression: The Sequel and you lose all of your money. There's my disclaimer.
So what are you looking at?