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. ...
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