03-24-2020, 12:13 PM
(03-24-2020, 11:47 AM)divmenow Wrote: Bought some shares in PSX. At these levels I can wait out the storm
Sold RDS.B after getting in an average of $21.80. I don't want to own more then 3 oil stocks lol This was suppose to be a long term hold but couldn't pass up a profit
CVX, PSX and EOG. That's all for now
Looking to scoop up some PM and BIP
Sometime you gotta take what the market gives you. The volatility is historical. You can practically day trade UTEs and Oil lately. That's not normal. I intend to stay mostly long but when the market will hand me 15% or more in days, I remind myself that's a pretty good year for a buy and hold position. Especially in sectors that have no narrative that allows them to explode to the upside anytime soon. RDS.B could double. The chances of that happening in 2021 are not much. Even from way down here.