Went into cash yesterday - seems like the only way to make money with RDSa lately is once/quarter when RDSa runs up just before the quarterly announcement. Expect RDSa to drift lower tomorrow when Exxon and Chevron announce their results - if they show the same results COP and RDS announced then there will be additionnal selloff in the oil stocks. I'd like to buy before the x-div day but that depends on if there are any more legs up in this bull market. We'll see ......
I have been sitting 100% cash but might invest 25% today on the pullback since we could possibly still see a further reduction and then another pop just before the x-date on Feb. 13th to get the dividend. I would like to be back in 100% by the close on Feb. 12th.
Regards & GLTA