Friday, February 10, 2006


Keep an eye on the energy sector in particular XLE - the ETF for that sector. It appears Big Money is moving out of the energy sector - gas , oil etc. Look at the big name companies - XOM, BP, COP, CVX, SLB ..All down big over the last few days. Is this the end of the energy sector bull ? Is Wall Street anticipating the end of the Oil run up ? Guess we will just have to wait and see. Until than I am going to keep my eyes and ears open searching for the next sector that will lead the way.


Chris Perruna said...

I agree. I track 5 energy related stocks on the MSW Index and they have all dropped an average of 10-20% over the past week or so. Only GMXR is holding up!

By the way, do you run a hedge fund?

Anonymous said...

Good insight .I love your blog. Great picks.