GLD and Oxy inverse
This is why I am short GLD and long oil, a combo of oxy being undervalued, and crude being oversold. As the market absorbs this rate cut I expect pumps from oil and dumps from gold.
Summary:
Put spreads on Gld
Call spreads on Oxy
Summary:
Put spreads on Gld
Call spreads on Oxy
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.