Oil may be in the news this morning, but options traders focused on a different
kind of energy stock yesterday.
Not exact matches
The usual proxies for global growth — oil and other commodities, emerging market currencies,
energy and mining
stocks — are almost all sharply lower as investors bail out
of any
kind of trade predicated on growth in China and the rest
of the emerging world, which accounts for 85 %
of the world's population.
«And in the context
of a falling oil price, it is precisely these
kinds of high - quality defensive
energy stocks that tend to outperform.»
These consist
of 59 currency pairs, 85 different types
of stocks, 6 types
of metals, 9 types
of market indices, 3 types
of energy commodities, 5
kinds of cryptocurrencies, and 9 types
of ETFs.