Dear Followers/Copiers, this time I am writing a short update because I will probably open some new positions today ($OIL, $NATGAS, and $GOOG (Alphabet)) and I want to warn and update you in case you see some decline in your funds allocated to me.
🎉 Also, I want to thank and welcome the new people copying me. 🎉
💸 STOCKS - I am using this sell-off of Tech Stocks to acquire $GOOG stocks because I think in the next years the stock price will grow significantly and this is a great opportunity to buy it for a fair price. Additionally, I want to thank @WojtasS82 for some suggestions regarding mining companies, after a weekend analysis, I have decided to start buying $BHP (BHP Group Ltd ADR), mostly because of the good financial summary data, P/E Ratio, and high dividend yield (13.42%).
⛽Commodities ($OIL and $NATGAS ) - I will try to short both $OIL and $NATGAS for the weekend, and use the refund of the $NATGAS position to offset the fee of the $OIL short position.
💡 My Thoughts - I tried to be a bit distant this month, but the TA of $OIL and $NATGAS is screaming to open short positions for the weekend. I will try to use a small percentage of my portfolio to reduce the risk. Of course for someone who comes from the Software Development and Technical field, the low prices of Tech Stocks look like a bargain.
I quite enjoyed the small discussion on the last post, so please share your thoughts. As always, if you have questions, ideas, or suggestions, please write in the comments.... Show More
