Investors Should Shift Back to Neutral

By Energy FOXBusiness

In trading, you’re going to be wrong. A lot. That’s okay. What’s not okay? Staying wrong when the charts change. I was wrong last week to turn bullish. The action instead said to be neutral. So, that’s where I shrink back to!

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I keep wanting to buy oil. I mean, it has to bottom at some point, right? I guess, but the time isn’t now.

Many of you know I’m a fan of “buying what you know.” In that regard, Rite Aid (RAD) is my local pharmacy, and I’m there at least once a week. I started looking at the stock years ago, and it moved up nearly 800% from its lows. I STILL like it but would wait for a new high.

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Back next week to see if the Nats can hold onto first place! 

What do you think?

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