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Long OIH position versus XOP signals ongoing alpha valuation, Rick Bensignor notes

Long OIH position versus XOP signals ongoing alpha valuation, Rick Bensignor notes
Bensignor highlights OIH over XOP pair

Rick Bensignor's preference for a long position in OIH compared to XOP and his emphasis on what he calls the continuing 'insane alpha valuation' were highlighted in a statement shared by George Noble. Noble also announced a conference featuring John Roque and Mary Ann Bartels, with replays to be made available.

Noble previously said he repeatedly advised selling OPEN at 8 one year ago, referencing the strong reactions it drew at the time, according to a prior report. He has also reported Larry Jeddeloh's projection that the 10-year Treasury yield could reach 10% by 2032, which challenged consensus views in the bond market, as noted in an earlier article. Both statements add context to Noble's recent industry commentary.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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