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The Chartman

It Might be Time to Cash-In on Your Profits from Oil-Related Stocks

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A few weeks ago, I was skeptical about the market.  Equities did dip a bit, but for now, the skeptics have lost as Wall Street has continued moving up.

But being skeptical, and out of the market, are two different things.  As you can see in the chart, I’m still in.  Just worried.

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I’m also worried about the oil stocks.  I liked them a week or so ago, but now?  Sell if you have oversize profits.

And finally, I’m worried about Conagra Foods (NYSE:CAG) (which I own).  But at least this company is getting into an area where I’d buy more.

Back next week to see if I can relax just a bit.

What do you think?

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