
U.S. ACCUSED OF WAR PROFITEERING, HONG KONG STOCKS UP 5% ON A RUMOR
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. War Profiteering Please click here for a chart of oil ETF USO. Note the following: The chart compares oil ETF USO with oil and gas exploration and production ETF XOP. Historically, oil and oil stocks move together. The chart shows a glaring divergence. For the period shown on the chart, oil stocks have done 22% better than oil. Investors should always pay attention to glaring divergences such as the one shown on the chart. OPEC+ is meeting this Sunday. It appears that Saudi Arabia continues to