I normally don’t give specific trade advice to others. Too much can go wrong, but if you have some extra cash for yourself or maybe your kid, buy XLE if you can.
It’s a really safe ETF that pays nice dividends. Here are its constituents and over the last few days, it’s of course retracted. Plan on holding for 2, 5,10, or 20 years and you will cash in. It’s a great buying opportunity right now. The beta is only .77 which means it’s not too volatile.
Right, might be good to keep an eye on the charts of some of these tickers to gauge a possible bottom. If you sense we are near a bottom, buy and hold long term.
That could take weeks or months.
Catching the falling knife as it were. Kick myself for not buying PAA under $10, talked my brother into it and he brings it up every time we talk because, why wouldn’t you. Was looking for a long term hold for the dividend at the time, now looking at GMRE for the same reason.
I bought two PUTS today on Reddit. May 9th expiration at the 95 strike. Earnings report date is May 1st. Would have been better if I pulled this two months ago.
