Life comes at you fast, as a popular TV commercial says. It certainly has in recent days. That's why it is so important to have an investment strategy for your long-term capital, one that can guarantee you will make money on more than 80% of your trades.
Let's review: First Donald Trump won the presidency, something almost no political experts saw coming. The Dow Jones futures began plunging even before the election was officially called, leading many to speculate that a new bear market was at hand. But now stocks have rebounded sharply and will post large gains for the week.
One sector that is popping champagne corks over Trump's surprise victory is the energy business. Conservative columnists are already calling on Trump to "repeal all the Obama regulations that unnecessarily restrict the production of oil, gas and coal," in order to make America energy independent again.
HollyFrontier Corp. (HFC) is one of the best energy plays right now. Its stock declined earlier this year due to some rough earnings reports. But the Dallas-based petroleum refiner and marketer sees brighter days ahead -- not just because of the dawning Age of Trump, but because of a smart acquisition it just made. Shares fell slightly in Friday trading.
HollyFrontier is one of the industry's best-established companies. The company markets its refined products in the Southwest U.S., the Rocky Mountains extending into the Pacific Northwest, and in other neighboring Plains states -- some of the most attractive markets in the United States.