Is XOP a better buy than XOM? They are not comparable. XOM is the largest major oil company. XOP has a diversified basket of 83 mid size stocks not cap weighed. I like both.
Frigator, I,m new to day trading but have read a couple of TA books. The KISS principle applies for me anyway. A simple man best keep it simple. The key to success is watching a real time WTI chart and observing trading stall and anticipating the next whiplash. With experience I may expand my horizon.
The government seems to treat big banks as government organs during economic emergencies to the detriment of stockholders. I would only hold some Preferred in the event they tank as interest rates rise.
If we have a interest rate hikes this year, REIT, Bond Funds,Preferred ect will be tax sell off fodder in December. So far my big winner for the year is Slick,s trading method with UWTI/DWTI even when going small and making learning mistakes.
Posting BS accusations and calling names does not move PPS one thin cent. But people who don't wist to read BS skip the MB but buy the stock if it suites them.
Rjmunbearable, Only a zelot fool would pick a doctor or surgeon based on there political correct beliefs.
I started XOM, Dumped short DWTI i was stuck with for a gain, bought XOP and half XLA back i sold yesterday.Double down on KMI. IBM ? Is so 1980 ! :)
T will no longer be a "Dog of the Dow". Not saying you should sell just get use to it. T will also be Tax sell off fodder this December and if interest rates rise it will be whacked twice. I plan to buy in December.
Don't plan to rush around buying T because it will be big tax sell off fodder in December. If interest rates rise this year it will be double whacked. Also there Dividend might be lowered a bit to make it more in line with earnings. Putting T on my Christmas list:)
I exchange emails occasionally with Doc and i run Options trades by him for his opinion. I respect and trust his opinion, even when wrong its honest and informed.