USOIL vs OIH (ETF) megadivergence

VanEck Oil Services ETFArca

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⋅ 14 Th08 2017 17:04

Hello Colleagues,

Imho, OIH are discounting lower Oil price for 2H17 early 2018. Lower EPS and most drilling co. will suffer in operating margins and credit spreads.

So oil will drop hard next days.

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