Justin Seda E Cauberghe @Fostijn: "𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗨𝗽𝗱𝗮𝘁𝗲 – 𝗘𝗻𝗲𝗿𝗴𝘆 &..."

Thailand

𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗨𝗽𝗱𝗮𝘁𝗲 – 𝗘𝗻𝗲𝗿𝗴𝘆 & 𝗣𝗼𝘀𝗶𝘁𝗶𝗼𝗻𝗶𝗻𝗴 Yesterday, I observed the first signs of 𝗶𝗻𝘁𝗲𝗿𝗻𝗮𝗹 𝗿𝗼𝘁𝗮𝘁𝗶𝗼𝗻 𝘄𝗶𝘁𝗵𝗶𝗻 𝘁𝗵𝗲 𝗲𝗻𝗲𝗿𝗴𝘆 𝘀𝗲𝗰𝘁𝗼𝗿: • Higher beta names (like XOP) started to weaken • While large caps (like CVX) held up much better At the same time, defensive signals in the market have been increasing, with capital becoming more selective. 👉 Based on this, I decided to 𝘁𝗮𝗸𝗲 𝗽𝗿𝗼𝗳𝗶𝘁𝘀 𝗼𝗻 𝗺𝘆 𝗫𝗢𝗣 𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻. This is not a negative view on energy, but rather an adjustment: • Reducing higher beta exposure • Maintaining quality exposure • And 𝘁𝗮𝗸𝗶𝗻𝗴 𝘁𝗵𝗲 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝘁𝗼 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗺𝘆 𝗰𝗮𝘀𝗵 𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻 In the current environment, I prefer to stay flexible and selective. $XOP (SPDR S&P Oil & Gas Exploration & Production ETF) $CVX.US (Chevron)

Not investment advice. The author may have financial interests in the mentioned instruments.

2 Mentioned

XOP

SPDR S&P Oil & Gas Exploration & Production ETF

CVX.US

Chevron

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