Tezzdoggy, sorry you felt the need to suddenly pull out of SXY just before the big news comes. I have to say if anything it’s a time to buy not sell. The US FAANG stocks are over rated and they’re driving the overall us msrkets down, and I hold all of them but have they have soared to quickly.
Overrated tech sector, the Saudi threats and general global turmoil will make for an interesting time, but energy stocks, especially those in AUS will benefit big time.
The AFR headline tonight screaming global crash in 2020 is total BS. There’ll be a correction but the end is not near.
I’m long (and strong) on SXY and believe this gem will rise to the occasion.
Just my two cents.
SXY Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held
