Both the Major Oil Company ETFs Set Multi-Year Lows This Morning (XLE; XOP)

They have since bounced along with WTI, most active September's $50.59 up 15 cents with the Dow Jones Industrials down 216 and the S&P down 11.

Here's the ETF for the Major's, State Street's Energy Select Sector SPDR^®: 

^FinViz 

^{And the fund for the little guys, the SPDR® S&P® Oil & Gas Exploration & Production ETF:}

^FinViz 

^{So What now?} 

^{Pretty much what we've been saying for a while now:}

^{I'm Troy McClure. You may remember me from such earlier posts as:
Jan. 30}

It's too early

Jan. 29

"It's Too Early"

Jan. 12

It's Too Early

 

It's (still) Too Early

Jan. 2

It's Too Early 

Dec. 8

It's Too Early

Nov. 29

It's Too Early

Nov. 4

It's Too Early

Oct. 27

It's Too Early

Oct. 22

It's Too Early

Repetitious but at least we varied the type size/face. 

There are quite a few more during the summer-fall of 2014 from before we settled on the three word formulation. 

Going forward we'll try to change it up a bit for our patient (and long suffering) readers.