My Stock of the Day: Chevron (CVX)

At 10:20 this morning my 61 legacy stocks are, like the stock market, in a tailspin, probably because of the war-or-peace situation created by the Iranian use of chemical weapons against its own people. See:

http://finance.yahoo.com/

Of the 61, only these three are up at this writing: CVX, PFE, XOM.

Each of them could be up or down by the end of this trading day, this week, this month, or this year. No one can know which way, so I certainly cannot and neither can you. We can only guess, and the better guess may be to get out of the market entirely.

My 5-year Yahoo chart for Chevron (CVX)  shows a persistent up trend coming out of the 2008-2009 market collapse. See:

http://finance.yahoo.com/q/ta?s=CVX&t=5y&l=on&z=l&q=l&p=m50%2Cm100%2Cm200&a=&c=

My 3-month chart suggests another up trend may be at hand for CVX. See:

http://finance.yahoo.com/q/ta?s=CVX&t=3m&l=on&z=l&q=l&p=m20%2Cm50%2Cm100&a=&c=

Never forget: All investments and savings are gambles on the unknowable future and thus subject to loss.

If you wish, visit my blog posts at:

http://balliettinvestor.blogspot.com