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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (28943)4/10/2018 11:20:42 PM
From: Steve Felix  Read Replies (1) | Respond to of 34328
 
It is an interesting situation. SCG should be $43+ at the .669 conversion on todays D price.
Todays SCG price gives D a value of $54.50.



To: E_K_S who wrote (28943)4/11/2018 5:59:16 AM
From: Ditchdigger  Read Replies (1) | Respond to of 34328
 
With the price of oil 30% higher than a year ago and the XLE down 3-4% in that time, I just don't see it as the time to sell energy stocks, but that's just me. Commodities tend to do better in the back half of an economic cycle (why I bought XLE, SQM and CPD) We'll see, just seems like mispricing of either oil or energy shares. XLE had a triple top breakout yesterday, now up against a spread double, so who knows.(saw EPD bumped the dist. by 3%)
I also have very little faith in any of the governments reported numbers!




To: E_K_S who wrote (28943)5/11/2018 1:00:44 PM
From: Ditchdigger  Read Replies (1) | Respond to of 34328
 
XLE up against double top resistance. I think it gets taken out before summer rolls around.
Could be due for a pullback.