GOLD GLD IS LOW RELATIVE TO OIH - Oil Service Stocks
The ratio (in light blue) between GLD and OIH is at the bottom end of the past 5 year's trading range and is turning up a little here. It could be the start of something and if it isn't, the risk is small.
Look for GLD to outperform OIH (Oil Service Stocks) for the next 3-6 months by 10-15%.
Tim
3:30PM EST Wednesday, May 14, 2014
Look for GLD to outperform OIH (Oil Service Stocks) for the next 3-6 months by 10-15%.
Tim
3:30PM EST Wednesday, May 14, 2014
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