Post by
Indicator on Dec 07, 2023 2:52pm
Frankly . . . I'm tempted, BUT ....
After the HUGE moves off the 2020 bottom Oily names gave us over recent Covid period, it's hard to get excited about *vaguely possible* 20% moves. i.e. buying at $11 and selling at $13.25, is lame in comparison.
IMHO, it's much nicer to park money in covered call funds giving 10%, while sleeping in and not having to babysit single stocks.
Comment by
Sugaree on Dec 07, 2023 4:48pm
HYLD and HDIV are good ones. I think you may have mentioned those 2 before. I have looked at a number of them in the past but never pulled the trigger. Any concern they lose value like the split funds do?
Comment by
Sugaree on Dec 07, 2023 6:25pm
Most have had a pretty good run past 1-2 months, hard to get excited about them right now. You are certainly right about oil stocks, they just keep going down and look like good buys, but is the stress worth it, lol.
Comment by
Carjack on Dec 11, 2023 9:36pm
No reason to buy anything right now till at least year end. Did you see the block trade at 4:15? Party ain't over yet, I'm holding for a longer time frame and sure markets down but well above 52 week low. Volitility is still in play regardless of bull/bear.