XOI oil index vs Nasdaq. Most hated vs Most loved (seems tide is turning for both)
Weekly RSI on this ratio unheard of 9 in April 2020.
I will always remember the great Kennedy Gammage of the Richland Report
talk about the cyclical shift between paper assets and hard assets.
That was in the 1998-2000 time frame when Gas was a $ at the pump and gold was selling for a few hundred bucks,
the Nasdaq was floating like a butterfly and stinging like a bee.
Sure looks like that shift is taking place again. In the fed we trust - "It's only transitional"
Weekly RSI on this ratio unheard of 9 in April 2020.
I will always remember the great Kennedy Gammage of the Richland Report
talk about the cyclical shift between paper assets and hard assets.
That was in the 1998-2000 time frame when Gas was a $ at the pump and gold was selling for a few hundred bucks,
the Nasdaq was floating like a butterfly and stinging like a bee.
Sure looks like that shift is taking place again. In the fed we trust - "It's only transitional"
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.