Folks... It's AMERICAN EXPRESS Time! ! ! !
That's right.... Now is the time to get Bullish on American Express.
Gov't wants to buy up everything in sight that starts and ends with the word "DEBT" then that means American Express is a buy, buy, buy, buy.
Sure.. it ran up 9%... But it also skirted much of this bull rally and still sits pretty with a 5.11% dividend yield. This sucker could run back up to $40 or even $60 a share in quick fashion.
Will I buy American Express? Nah..... Not putting my money where my mouth is on this....
I said earlier that I was eyeballing 2 stocks:
2) Hot Topic
I may make my move on Skechers tomorrow. (May not).... I have to do some deep thinking.
P.S. Sure... This bull rally is a weird kinda head fake and we are going to really get smashed by the BEARS when the bull rally starts to lose steam.... But, bah....why not have our fun before the pain comes?