giovedì 21 settembre 2017
John Bollinger Commentary From September 2017 Newsletter
The oil and oil service stocks are getting a bounce from the combined action of hurricanes Harvey and Irma. I am still of the opinion that strength in the sector should be used to reduce exposure. There is one exception. If you are holding the big, dividend-paying international integrated oils, like British Petroleum or Royal Dutch, you can continue to do so. I don't think that there is much downside from here and the dividends look to be safe. Otherwise, I think the opportunities in other sectors are more compelling.