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Gold/Mining/Energy : Gold Price Monitor
GDXJ 118.97-0.9%Dec 24 4:00 PM EST

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To: John Koligman who wrote (110777)3/9/2020 5:41:50 AM
From: RetiredNow  Read Replies (1) of 116824
 
Hi John,
I bought some FENY last week and am looking to buy more on Monday. I like the oil majors too. They are in the toilet right now, but they will buy up the wreckage in the shale plays and come out of all of this stronger. It's always the pattern. XOM and CVX aren't disappearing anytime soon. The dividend yields are astounding and will pay you to wait for the fundamentals to get better. I haven't owned stocks for 2 years, mostly been in bonds and cash. My bonds have performed amazingly well over the last couple years, but they are looking top now. So am selling them off, as I pick up stocks on the cheap in some sectors. If tomorrow pukes, as the futures look like, then that will trigger a major buy for me, since we'll be 15% off the peak.

Good luck out there!
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