One of my followers asked me for a long term play, here's one.
EWZ (Brazil) is still at the same level as 2008. It's in a pennant and looks like it will break upward. Why? What does 2022 and 2007 have in common? High oil and commodity prices.
Materials and Energy is 40% of EWZ plus the currency is rallying because of oil. I suppose you can play DBC (commodity index fund) instead if you prefer or both. DBC is now finally back to 2007 levels.
Now that I think about it, it probably makes sense to park my money in DBC as an inflation hedge.
EWZ (Brazil) is still at the same level as 2008. It's in a pennant and looks like it will break upward. Why? What does 2022 and 2007 have in common? High oil and commodity prices.
Materials and Energy is 40% of EWZ plus the currency is rallying because of oil. I suppose you can play DBC (commodity index fund) instead if you prefer or both. DBC is now finally back to 2007 levels.
Now that I think about it, it probably makes sense to park my money in DBC as an inflation hedge.
ノート
Looks weak premarket because oil is down a bit, but not much really.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。