🌟🌟🌟The continued war in both Ukraine and the Middle East will have an impact on the oil futures. However with Donald Trump, the US President Elect in office on January 20 2025, US Oil Giants will be major beneficiaries as Trump is the most pro traditional energy US President in recent times.
I have invested in $Energy Select Sector SPDR Fund(XLE)$
XLE has reached a 52 week high of USD 98.97 on news when Trump won the US Presidential Election in November.
The Top 10 holdings include $Exxon Mobil(XOM)$
What I like about XLE is the nice juicy dividends that are paid every 3 months. The current dividend yield is 3.15%. XLE goes ex dividend on December 23 2024, just in time for Christmas.
With President Donald Trump in office, I believe that XLE will continue to do well under his government. There is also a current ban on Russian energy by US and its allies too.
XLE is the largest ETF in the Energy Sector with Assets Under Management of USD 37.7 billion. It also has one of the lowest Expense ratio at just 0.09% compared to other competing ETFs, putting more money into my pocket.
With Trump's mojo of "Drill Baby Drill", it's a "Buy Baby Buy" for $Energy Select Sector SPDR Fund(XLE)$ .
@Tiger_comments @TigerStars @CaptainTiger
【🎁有獎話題】油市前景不明！原油期貨多頭準備反擊？
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- icycrystal·11-19TOPthanks for sharing1Report
- KSR·11-19👍👍1Report
- KSR·11-19👍1Report