Lions.. It seems that some of you are buying the financials, be careful with these.. wait for crude to rebound... financials generally do not perform well when crude is getting hit.. I see the nice bounce today, but I would advise caution... GM
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Thank you for the warning Gregory. I was going to get into XLE and I was sent a trade for XOM. I got into it but then got out with small profit because I didn't understand the trade. I will stay out of this for now!
Can anybody please confirm what Greg means by Financials ? He means bank stocks and ETF ? Or is it options on those ? For example is GLD ETF concerned ? Thank you in advance.