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 (NYSE: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.
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As for Walt Disney (NYSE: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!