Investing Club: We're trimming one of our oil stocks that's up again after the big OPEC+ production cut
We're selling something high to buy something else low. With the S & P Oscillator still showing an oversold market – it was at minus 4.83% after Wednesday's session – we remain on the hunt for buying opportunities. This sale will lock in a big average gain of about 50% on our Devon position. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
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