Club Mulgoa

Monday, December 07, 2020

Energy stocks

 As Covid 19 pandemic set in, I sold ALL our energy stocks.  Transport is down everywhere on Earth.  However, recent optimism saw the price of oil spike.  But you wonder if the logic of that when the pandemic is getting worse almost everywhere except in Oz, NZ and China.  And more severe lockdowns have been imposed.

Yes, stay away from transport stocks too although I re-entered into SYD to get a foothold before the vaccine optimism comes true.

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