On March 29th, I talked about how you can make money off the Iran/UK situation by investing in energy stocks. Well, I was partly right as most energy stocks have gained 3-5% since. However, I was wrong in my prediction of oil dropping $5 when Iran gives in. I did take my own advice and picked up some SU and VLO and will be taking some off the table today. Can’t get too greedy. The ETF (VDE) is a good ETF to get into if you don’t want the risk of investing in just one or two energy related stock. I still believe we are due for a small pull back in the energy sector so if you are buying, don’t go all in at this point.

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