2min chapter

The Compound and Friends cover image

It’s GLD, b*tch!

The Compound and Friends

CHAPTER

Oil Isn't Getting Killed, Gas Is Getting Dead. Is That Still a Thing?

Energy stocks are seeing tons of relative strength out of energy. Meanwhile crude oil is rolling over and has that ever happened on this chart? I'd be curious. We should do some work on the divergences and how long they could last. But forget all that. It's just in general. Oil is getting killed and gas stocks don't go down. So now flip that on its head. If energy stocks can't fall with oil falling what are energy stocks going to do when oil bounces? Steve, give it to us.

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