Energy Stocks Catch Fire
Energy stocks have been on a tear in recent weeks. So much so that the XLE is nearly back to flat for the year after falling nearly 20% in the first few weeks of 2016: XLE (Daily) In the … Continued
Bottom at Last in Energy Stocks?
Energy stocks have been in a steady downtrend for more than 2 months. Today investors received the strongest indication yet that a reversal might be at hand with the two largest energy sector ETFs (OIH and XLE) both printing large … Continued
It Might Be Time To Get Back Into Energy
We have been cautious and calling for a pullback in energy stocks for a couple of weeks. Like clockwork, a 3-5% correction in the majority of energy names has since come to fruition. However, it might be time to begin adding … Continued
Energy Stocks Set for Pullback
After being absolutely crushed during the 2nd half of 2014, thus far energy stocks are one of the best performing sectors in 2015. However, that may be about to change as a number of technical factors indicate that the 2015 energy … Continued
This Chart is Indicating That the Oil Rally is on its Last Legs
Back in January and February when the crowd was extremely bearish on crude oil we witnessed a striking bullish divergence in the strength of energy stocks. This relative strength from energy stocks proved to foreshadow the bottom that crude oil … Continued