..Ryan has some pretty interesting technical insights on many US oil stocks and XLE...they could all fall a further 20% or so and still remain on the uptrend. And he said it like I did- they move pretty fast.
..Consistent with my opinion re: commodity stocks could adjust downwards faster than their underlying commodity price because stocks look further out ahead, but more likely they had moved upwards much more with exuberance that earlier predicated on the inflation trade staying longer until the recession narrative overtook it.
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..Ryan has some pretty interesting technical insights on many US...
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