Be Careful with the Energy Trade

Be Careful with the Energy Trade Dear Reader, Two weeks ago, I started talking about the state of the energy markets. Once oil fell under $70, I was buying. I wasn't doing it through traditional means. Instead, I sold put spreads on Occidental Petroleum (OXY) and ConocoPhillips (COP). The basic argument went that we wanted to purchase the stocks if they […] The post Be Careful with the Energy Trade appeared first on Money Morning - We Make Investing Profitable .