Looking for Energy ETFs to Rebound

Copper had a good run. I'm pouring one out for it. Don't get left holding the bag with a shit eating grin on your face. It's Gold's time to shine. To the elation of the bugs. The setup is hard to ignore.
 
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Those energy ETFs have no stop. Biden's energy policies have failed so miserably. And Fed is clueless about the inflation. They will wait until CL goes to $85 to act, if ever. Or they say CL will drop dead to $50 again after the "transitory"..... blah blah....

Take the smooth ride. Enjoy!
 
RedSun said:
Those energy ETFs have no stop. Biden's energy policies have failed so miserably. And Fed is clueless about the inflation. They will wait until CL goes to $85 to act, if ever. Or they say CL will drop dead to $50 again after the "transitory"..... blah blah....

Take the smooth ride. Enjoy!
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Definitely enjoying the ride here :)

CLR.PNG
 
Looked bad premarket but this is the move I was expecting in WTI. However, it's unclear at the moment if we can get it done or not this week ( given certain news items ). Producer stocks haven't responded much but they tend to do well prior to the Oil inventories report. Could be a rush on the stocks if Oil breaks $70.
 
Rusher said:
Look at the YTD returns of all the sectors. The QQQ has been just horrible. Banks, energy sectors all doing really well.

This may continue.
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QQQ looks like a great value /LOL.
Actually qqq + tqqq have done so well for so long/decades- i would be surprized if it does not do better than SPY by year end. NOT a prediction.............................................Good trends in energy + metals.
 
Nine_Ender said:
It's a good risk/reward to hold energy plays on the chance of $80 Oil until such point as the momentum is clearly over. Nat gas stocks have been really strong lately I'm hoping for the $3 level to break. Green energy may provide some value here I only follow one stock but it's sold off most of it's rally since the election already.
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This trade still trending nicely except Nat Gas has picked up nicely now $3.28 after taking out $3 as I suspected.
 
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