I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
Monday, December 27, 2021
Trading Update VIII
Sold half my shares of VPU @ 152.82 to buy XBI @ 115.30. Biotech has had a bad year so decided to bottom fish.
Friday, December 10, 2021
Trading Update VII
Sold all VDC @ 192.09 to repurchase equal weightings of KMI @ 16.06 and OKE @ 61.66.
In hindsight, selling pipelines in October to buy consumer staples was very kind to me. VDC gained a clearly unsustainable and somewhat surprising 5.3%. Counting missed high-yielding dividends, KMI lost 8.3% and OKE gained 1.1% since I sold.
Natural gas prices have fallen. That news should be priced in. I'm therefore comfortable reversing the trade and now own more shares of KMI and OKE than I otherwise would have.
Perhaps I should be more concerned about the virus and future mutations. However, even as a homebody introvert, I'm feeling the cabin fever. Can't stay isolated forever.
In hindsight, selling pipelines in October to buy consumer staples was very kind to me. VDC gained a clearly unsustainable and somewhat surprising 5.3%. Counting missed high-yielding dividends, KMI lost 8.3% and OKE gained 1.1% since I sold.
Natural gas prices have fallen. That news should be priced in. I'm therefore comfortable reversing the trade and now own more shares of KMI and OKE than I otherwise would have.
Perhaps I should be more concerned about the virus and future mutations. However, even as a homebody introvert, I'm feeling the cabin fever. Can't stay isolated forever.