SPN VS SPX. Its critical to analyze indices when choosing stocks
Energy sector of S&P extremely outperforms S&P since start of market decline on 4th Jan 2022 and in fact, It is not a surprise considering geopolitical conditions.
This type of comparisons can help us to accurately select our stock. It is essential to look at and investigate the indices before opening any position.
A single stock inside a down trend related index can hardly show a stable up ward move therefore, our first step in choosing a stock has to be analyzing its related index.
Good luck everyone !
This type of comparisons can help us to accurately select our stock. It is essential to look at and investigate the indices before opening any position.
A single stock inside a down trend related index can hardly show a stable up ward move therefore, our first step in choosing a stock has to be analyzing its related index.
Good luck everyone !
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.