So What If Targeting Jerome Powell Is Politically Motivated?
Wait, That's the Reasoning Behind Minnesota's Anti-ICE Lawsuit Against the Federal Governm...
Why Are So Many Leftists Such Trash?
Trump Finally Fixed the Food Pyramid
In Reelection Launch, Josh Shapiro Admits Violent Attack Almost Drove Him From the...
Will Eric Swalwell Be Killed Off the Ballot?
It Depends on Where You Stand
Something Doesn’t Add Up
America’s Choice: A Civil Society or Dangerous Insurrection!
Are You Being Baited Into Rage?
Dignity for Thee—Not for Me
Kids’ Winter Cure for Nature Deficit Disorder
Regime Change in Venezuela: Key to Global Advance of Democracy and Peace
Trump Imposes 'Immediate' Tariffs on Iranian Trade Partners As Anti-Regime Protests Grow
Meta Taps Trump Ally for High Level Job
OPINION

Crude Oil Prices Reach New Highs, Energy Stocks Rally

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
AP Photo/Vahid Salemi, File

It's all about the oil patch and West Texas Intermediate (WTI) hitting $75.00 a barrel.  Ten of the top eleven top percentage gainers are all oil plays, and that's making energy the biggest winner by far. 

Advertisement

The XLE still hasn't taken out the recent high, but when it does, there is tremendous room to the upside.


There is also a very defensive nature to the session reflected in the stronger than normal move in Utilities. 

There are a ton of names on my list, but with tomorrow being a coin flip on the job’s number and the knee-jerk reaction, I'm holding cash. 

Ready to pounce, so be ready. Now is a great time to become a premium Hotline subscriber.  Email Info@wstreet.com to get started today. 

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement