Capital Gains In Jan

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marc.wolin@yahoo.com
Posts: 56
Joined: Fri Jan 15, 2016 4:10 pm

Capital Gains In Jan

Post by marc.wolin@yahoo.com »

The stock market in general has been up nicely. Probably a lot of capital gains will be taken. How will that affect oil stocks? Looks like we are still too timid to get tough with Iran and their proxies.
Marc Wolin
dan_s
Posts: 34648
Joined: Fri Apr 23, 2010 8:22 am

Re: Capital Gains In Jan

Post by dan_s »

A cold January should push ngas prices back over $3.00 and I think oil prices are heading back over $80 in a few months. Global demand for fossil fuels will be strong for many more years.
I am personally moving my portfolio into companies that pay nice dividends.
Dan Steffens
Energy Prospectus Group
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