Joey Ciaramitaro
January 31, 2022
Shared with Public
Buy Oil Stock Index. That’s my prediction. Mark the tape. It’s 1358.64 Reasoning: tension with Russia. When Russia invades the Ukraine the US will impose economic sanctions and Russia will counter. Watch the price of oil skyrocket. We’ll probably be paying $5 for gas. Best way to hedge that would be the gains you get in the oil and gas index. That’s my call.
Here’s your comparison from that exact date-
The Oil and Gas Index ^XOI vs The Nasdaq
^XOI up 22% while the Nasdaq has an 18% loss. That’s a 40% swing. .
Good Morning Gloucester 