Chevron Stock (CVX)

* We have no long positions in energy the sector... It was the majority view, in fact a near unanimous view in the business media (and elsewhere), that energy stocks were the ideal "value play" and would benefit from a r…

First, equities rallied and then they waffled. Over the final two and a half hours or so, stocks sold off on breaking news that the Trump administration would indeed implement tariffs on Canada, Mexico and China starting…

* How did I do last year? * Very poorly!! Only about 30% of most important surprises were accurate - my worst showing 11 years. "A second argument is made that there are just too many question marks about the near future…

* Markets advanced from flagpole to that's all today (at least as of 2:30 p.m.). * However, half the gains have evaporated in the last two hours. At 2:30 p.m. the S&P Index is +28 handles — after being up +66 handles in…

* On the morning gap higher... I have sold the balance of the following longs: * CVX $155.85 (+$7) * XOM $118.86 (+$2) * SLB $40.21