Oil Companies set for Record Profits

Usually I don't support buying oil stocks (due to environmental reasons), but during the past month I have been quietly buying up oil stocks in companies I foresee making huge profits because of the ongoing events happening in Ukraine and Russia.

I have also bought up additional stocks in gold mining operations for similar reasons.

Combined with the oil stocks venture is a rather simple strategy:

I buy the oil stocks when they're still relatively low, and I set a 90 day Limit Sell to sell the oil stocks when they're worth double (or roughly double) what I paid for them.

So for example I bought AAZ (Azincourt Energy Corp) for $0.0651 each and I plan to sell them when they're $0.13 each. Currently they've gone up to $0.08.

Another one I purchased was BTE when it was a mere $4.99 per share, and when it reaches $10 per share I will sell it automatically using the 90 day Limit Sell. Currently it is now at $6.10 per share.

And others. I basically purchased a bucket list of Canadian oil companies that I predict will double in value.

If my various oil stocks don't manage to double in value during the first 90 days of the war in Ukraine then I will reassess at that time.

If Putin is assassinated before the 90 day period is up, I will reassess and probably sell at that time, taking my profits before the world returns to some semblance of normalcy. I expect Putin's assassination to have a stabilizing effect on global oil prices, and add buoyancy to stock markets in general.

I expect people will be dancing in the streets the day Putin is assassinated and for investors to have a wild day as many stocks soar in value.

Will Shopify ever go back up in value? Is this actually an opportunity?

In the past few months Shopify did something unexpected, diving from record highs to a fraction of what it used to be worth.

Thankfully I didn't buy that much stock in Shopify, and I have insulated myself by diversifying my portfolio.

Indeed, Shopify isn't the only stock during badly lately. The looming war in Ukraine with Russia on the war path has put a dent in many of my long term "darling stocks".

But I see this as an opportunity.

For a fraction of the price someone like myself can now purchase Shopify and other stocks for a relatively low price, and when the market goes back to normal eventually (assuming Russia doesn't start a nuclear war) then the stock prices should go back up again.

Not just Shopify, but many other companies that have also been hard hit in recent months, and can be expected to rebound sharply once the looming war (and the pandemic) are both over.

This rough patch right now is an opportunity for investors. The trick is to be on the lookout for what stocks are likely to go up in value due to the war, and what stocks are likely to go up in value after the war is over.