Total Assets
Rate Of Return$Exxon Mobil(XOM.US)
As part of the barbell strategy mentioned, energy names make up the other spectrum balancing the high beta tech names along with precious metals and other defensive names. One of the higher quality names chosen is Exxon Mobil which correlates to oil prices and hence provide cushion.
Oil looks to be in a triangular pattern usually seen in second or fourth waves. This one looks more like a fourth which indicates oil might wave up if it clears the upper trend line.
@Bridge Buzz SG
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