Buyer Beware: Oil Stocks Headed for a Correction [View article]
Hello Barry, on the chart, each time stocks have led oil, they have corrected back when crude did not follow. Perhaps this time is different...thanks for the comment...Dan
Buyer Beware: Oil Stocks Headed for a Correction [View article]
Hello David, the two tend to follow each other closely. Since I was bearish on crude, I believe that the XLE is out of line. Thus, it should return to the other or the mean of the two so to speak. I making an overvaluation call of one vs the other. Thanks...Dan
Buyer Beware: Oil Stocks Headed for a Correction [View article]
Buyer Beware: Oil Stocks Headed for a Correction [View article]