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The Chartman

Sometimes Boring is Good

Wall Street had a pretty boring week, with most of the fireworks coming Monday and Tuesday. With action like that, it’s important to keep the big picture in mind.  There, I simply see a solid uptrend.

Speaking of boring, I wanted to focus on two stocks I own, both considered boring…and profitable.
The first is Chevron (CVX).  I recommended selling a few weeks ago as the stock had become overbought.  As it approaches the uptrend line, however, I’d add it back to your portfolio.

As for Walt Disney (DIS), there is no need to do anything fancy.  I just have it sitting in my account for years and years.  It sometimes disappoints, but never for long.

Back next week to celebrate the summer polar vortex!

Gary B. Smith joined FOX News Channel in 1999 and is currently a regular commentator on "Bulls & Bears," including his own segment called, "The Chartman."