Wednesday, December 17, 2014

"Big Rebound for Energy"

Brent up 4.1% at $62.46XLE $77.43 Up 3.42 (4.62%).
Thinking we'll see it here or lower a few more times, we're not buying it.
From Crossing Wall Street:
It’s too early to call this a trend, but energy is bouncing back today. The S&P 500 is currently up 21 points, or 1.08%. The Energy Sector ETF ($XLE) is up more than 4.5%.
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