oils which way?
If oil rises and recession stays, double bad for VBA.
Yes demand destruction, just saying.
But demand dest, means recession and bad for VBA anyway.
Why was VBA in a down trend previously. High oil?
What turned it up briefly? (to 1.00)
Cheap, but there's a lot of cheap stocks out there crying fowl of the SP not representing true value.
So, sentiment. Where will the trend take us?