What I Am Buying Today.

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(07-06-2023, 08:45 PM)rayray Wrote:

(07-06-2023, 04:21 PM)fenders53 Wrote:

(07-06-2023, 11:49 AM)rayray Wrote:

(07-06-2023, 11:45 AM)I’m stockguru Wrote: Are people still in the oil names? We’re around $71 now for oil. Seems like the run may be over heading into an election year. XOM warned today over the next few quarters. How are you all playing the sector? Just curious?

XOM is my only big oil investment, it’s in my top 10 holdings, hasn’t moved the needle in a while and I’ve trimmed once probably should have trimmed at 119 but didn’t. I’ll coast with it.

Coasting is probably good.  I expect a better last half of the year for the crude markets but I don't see a big run in the stocks for now.

sometimes when you don't know what to do the best thing is to sit on your ass and do nothing, i do that a lot lol

Oil range bound in near term imo. Been trading oxy in tax free accounts. Sitting on xle and oxy that I bought couple years back in another long term account.