Ed Moya – Investors Starting To Move More Defensive, Oil and Oil Stocks Are The Momentum Play

August 7, 2023

Ed Moya, Senior Market Analyst at OANDA joins us to share his view on investor sentiment as he thinks money is rotating into safer investments. This all ties into the continued recession fears but also balanced out with weaker economic data in other parts of the world. We then look at the energy sector where oil was the best performing sector last month. How long can momentum carry the energy sector?




Click here to visit the OANDA website and read over Ed’s daily market note.

    Aug 07, 2023 07:19 PM

    It’s bleak here. Where is the other guy, has he been shown the windows?

      Aug 07, 2023 07:20 PM

      The other guy had to get out his kneepads and a tube of lypsyl he has some floor monuments that need repairing. LOL! DT