Oil Barrel Games

Rumors of OPEC uniting to form voltron sent crude to a rally, just before it headed back lower again. This is what I’d call an ‘off-day’ at the office, one of those moribund, nothing to see here, types of days that lures you into making poor decisions.

Early this morning the airlines looked great. But now, after they’ve reversed in the face of weaker crude, not so much. Then again, it all depends on what your time horizon is, with regard to the investment. This year I am reverting back to an era when I’d buy and hold, asset allocate, and use my trading acumen to juice returns. Gone are the days of the Four Horsemen of Financial ruin. We have things to accomplish in 2015 and I’ll be damned if I booked another down year.

Thusly, I am down 0.3% for the day, a non-event. Shares of NDRM are strong, alongside many biotechs. My oil plays are weaker and everything else is a mixed bag. AAPL, of course, is in a class of its own and is one of my best performers this year. GILD is bidding higher too, which leads me to my next suggestion.

Focus on free cash flow. It’s all the market cares about these days. Have a look into my purchase on Friday of MD, another free cash flow generating machine.

Off the coffee store.