12-Oct-2016 DividendLab Newsletter
Good morning, The overall market is soft. Part of this is technical (charts) and a stronger dollar than recent months. We have some oil stocks that have outperformed since purchase. We don’t have oil stocks bought when oil was over $100. Buying oil stocks, watching oil go to $30, and sitting tight is a losing proposition. It’s equivalent to holding $EMES from $150 to $4. What is the point of buying a stock if everything points to a lower stock price? I try to answer that question with our positions. ...
This document is currently available only to members of our Retirement subscription.
For more information about our subscriptions, please visit our products page.