Chartology: Best Guess, The S&P Energy Sector ETF Is Within Pennies of Testing The October Panic Low (XLE; ERY)
and Tuesday
An Upside Reversal in the Energy Stocks (XLE; ERY)
The thesis was right for approximately four hours.
Today oil has given up yesterday's gains and is down $2.45 at $61.37.
The Energy Select Sector SPDR ETF (XLE) is down $2.28 at $75.59.
We shall now rebrand as the internet's #1 venue for cat videos.
AAAAHHHHHH. The freakin' Wall Street Journal has already made the pivot!!!!!!
Business news is so last century.
They've got stipple hedcuts:
WSJ cat vids!?
One of These Cat Videos Will Be Named Best of the Year
...continued
More to come.
On oil, not cats.
