SocGen sees an excellent opportunity to go long silver and short oil
Portfolio Pulse from
SocGen recommends a trading strategy of going long on silver and short on oil, suggesting a potential opportunity for investors to capitalize on expected market movements.
January 22, 2025 | 4:30 pm
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NEGATIVE IMPACT
SocGen's recommendation to short oil could negatively impact oil-related ETFs like BNO in the short term.
SocGen's recommendation to short oil suggests a bearish outlook on oil prices, which could lead to a decrease in the value of oil-related ETFs like BNO.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70