USO is not considered very appropriate or correlated. Maybe some experts will step in and comment. CNBC HD has even presented negative information about it. I recently sold down CVX since it is showing projected negative revenue growth for next 2 years and schwab made it "D". I have XOM on watchlist and am waiting for natural gas to bottom. Will go back into TCK as possible action by temasek is forecast. Will buy more CNI on market dip and add to BHP, HON, RHT,CSCO,VLO,SLV,KO,SPG, and I am holding BTU. The construction and industrials will improve over the next several months. Hard to know when to come in and which ones. California is a economic disaster and more home and condos are being built around the LA county edges.Who will buy? Low priced condos are being snapped up with OBAMA money added to real estate broker discount by investors. LA Unified building a school in Granada Hills with a solid steel frame . CSUN is still adding buildings and infastructure. I will be checking out the San Joaquin Valley next week. Homes are being built south of San Diego. It is time to check out ETF building supplies, construction companies and industrials . Northridge, California
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I recently sold down CVX since it is showing projected negative revenue growth for next 2 years and schwab made it "D". I have XOM on watchlist and am waiting for natural gas to bottom.
Will go back into TCK as possible action by temasek is forecast.
Will buy more CNI on market dip and add to BHP, HON, RHT,CSCO,VLO,SLV,KO,SPG, and I am holding BTU.
The construction and industrials will improve over the next several months. Hard to know when to come in and which ones.
California is a economic disaster and more home and condos are being built around the LA county edges.Who will buy? Low priced condos are being snapped up with OBAMA money added to real estate broker discount by investors.
LA Unified building a school in Granada Hills with a solid steel frame . CSUN is still adding buildings and infastructure. I will be checking out the San Joaquin Valley next week. Homes are being built south of San Diego. It is time to check out ETF building supplies, construction companies and industrials .
Northridge, California