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Nadhirah
2021-06-14

move to silver & gold for a portion of my savings.. Diversifying my portfolio!

Traders give three ways to play rising inflation ahead of Fed meeting

Inflation is the talk of Wall Street after last week’s red-hot consumer prices report and ahead of t

Traders give three ways to play rising inflation ahead of Fed meeting

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gargarteo
·2021-06-15
thats a wise strategy
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It really has a chance to become a meme story if everybody begins to kind of pivot towards the inflation idea,” said Schlossberg.\nCraig Johnson, chief market technician at Piper Sandler, is looking to a surge in oil prices and the knock-on effect in the energy space. He sees upside to $63 for theXLE energy ETF, which holds major oil stocks such as Chevron and Exxon. That ETF close below $56 on Friday.\n\n“The second way is I’d play it through copper, and one of the best ways to play that is throughFreeport-McMoRan. Very high correlation … to the 10-year break-even rates,” he said. “It’s in a very nice uptrend. 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