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$Energy Select Sector SPDR Fund(XLE)$ is my tactical bet and insurance on the current skyrocketing oil prices. I have bought it even before the Ukraine war started and held it till now.
In just 1 trade I gain exposure to the US oil giants which include $Exxon Mobil(XOM)$ and $Chevron(CVX)$ . It helps me to balance my portfolio at a time when the markets are wobbly.
I pray for peace in the Middle East as it is ultimately the best solution for everyone.đđđ
@CC on ETFs @Tiger_comments @TigerStars @Tiger_SG @TigerClub @CaptainTiger
WTI Crude Oil Prices Surge Over 10%, Exceeding $96 per Barrel Amid Strong Market Gains
WTI crude oil prices have surged more than 10% in a single day, rising above $96.50 per barrel. This significant price increase reflects strong upward momentum in the oil market, with Brent crude also showing notable gains. The rapid price rise highlights heightened market activity and demand for crude oil futures in April.
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Great article, would you like to share it?