Energy
Today is a great example of why I’ve been so much more focused on energy plays than PMs or gold. Among my positions, the following are up today alone as shown below:
CHK 4.5%
FCG 9.5%
KMI 7%
ORIG 13.5%
UGAZ 11%
UWTI 13%
Today is a great example of why I’ve been so much more focused on energy plays than PMs or gold. Among my positions, the following are up today alone as shown below:
CHK 4.5%
FCG 9.5%
KMI 7%
ORIG 13.5%
UGAZ 11%
UWTI 13%
way to go Mark….I’m glad I sold DUST last Friday and for the first time in I can’t remember when I bought something other than the PM sector!!! Ye,s you can teach an old dog new tricks!!! I actually bought UWTI
Thanks Carolynsue. All that positioning in the energy sector since last week really is paying off. It’s crazy listening to the talking heads pump The likes of NKE and DIS into what looks like significant tops just as they get distributed to the retail investor while they admonish folks for even thinking about buying energy plays like COP. Everyone says buy low sell high but they promote the opposite in reality. Herd behavior at its finest.
Mark Can you suggest how to organize stockchart favorites? It is a stupid ???
Excellent work Mark
it just takes so long to learn this game and trust your own judgement…it takes a damn long time to stop being the ‘dumb money’….by the time most investors stop being the ‘dumb money’ they’ve either lost too much and have no heart or determination to continue or the bull market morphed into a bear and they’re looking at 17 or 18 down years …..there but for fortune go I…keep sticking to your own council AND sharing it with us!!!
Nicely done.
I think its got more to go, but may be choppy.
I don’t see this week as marking a final bottom, but one of the 4th wave corrections ahead of the final lows.
Yes Mark, many thanks for all the hard work and posts. I got into positions in ORIG and UWTI and FRU.TO earlier this week thanks to your great charting. I assume many lurkers out there share the sentiment. I can’t watch the charts all day because of my business but appreciate being able to check in quickly here and get an idea of what’s going on. How long until you’re offering a paid subscription, lol? Cheers and happy holidays.