As the conflict in Iran rekindles, I used the spike in oil and the “flight to safety” trade to sell some of my non-core positions. Based on how these stocks traded during the initial months of the war (March-April 2026), I think this is about as good an exit opportunity as any.
- SOLD-
- Oil Services: BKR, HAL & SLB
- Chemicals: CE, DOW, EMN, OLN & PPG
- Consumer: BBY & TGT
I’m not concerned about a stock market correction because of the conflict in the Strait of Hormuz. I’m prudently building cash reserves, which I intend to reinvest in the Industrial Tech sector, as opportunities arise.
I briefly discuss this topic on the most recent episode of the Wealthsteading Podcast Ep527.
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