Hi guys! Took everyone’s advice and bought shares of xom and cvx. I just got like 5 notifications from Robinhood saying both keep hitting their 52 week highs. Do I sell tn or hold still? Lmk!!
Literally when he bombed Venezuela the other night my shares were up like 10 and 13 dollars respectively. Now they keep fluctuating between returns of like $40-$68. I just don’t want to wait too long.
Posted by East-Ad-7205
7 Comments
Do you think Tomorrow at market open it will go higher again?
No one can give you the correct answer. However taking profit never hurts
Venezuela is collapsed. Chevron or Exxon won’t have good infrastructure in there for years. And if a democrat wins in 2028 or the dems take the senate this fall they’ll pull out anyhow. Everything they do counters common sense. I say just hold.
I’m feeling very good about my XOM two Summers ago.
No one has a crystal ball, but imo the masses will start trading at the open of the market therefore, this overnight movement just signals the buying pressure which will released either at open or pre market.
I’ll probably hold my positions until closing. (yes, I am speculating)
Both are contenders to help with boosting refinement of Venezuelan oil. Exxon in particular has strength in refining heavier crude, which is what Venezuela produces. You’ll be seeing their stock climb in value tomorrow.
Buy the rumor, sell the news