01-05-2021, 12:57 PM
(01-05-2021, 12:30 PM)fenders53 Wrote:I haven't touched xom in a while, already too heavy in that. I am bulish oil next few years. I feel it's just like banks when no one wanted to touch them in 2008 bofa was selling for $5.(01-05-2021, 12:09 PM)vbin Wrote: oil today. bought more OXY. If Dems winning Georgia, what happens to oil?lolWhat could possibly go wrong? Is it OK that I picture you wearing an Exxon-Mobil hat while trading oil stocks?
Seriously though I think the REPs will win one seat. The RINOS are about to get powerful because if you lose only one you aren't passing or blocking anything. We'll see how my prediction plays out. I have this feeling we won't know until WED or THU. Prepare to play the volatility.
Sold a MSFT put at 207.50. Closed an APD put so now I have move cash. Working on a few more put sells. Feeling like I need a little dry powder for the next few days. Should be a few opportunities before the market runs again.