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 !
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