The Globalist Authoritarians Are Playing With Fire
The Only Thing Democrats Won’t Stand Up for Is America
The Press Says Not All Billionaires Are Spending Equal, and Larry O'Donnell Negotiates...
Who's Defying Court Orders Again?
New Bill From Chip Roy to Protect Exotic Hunting Ranches Could Bolster Conservation
Injustice in Nashville
Fighting Against the Tide Of History
The Party of Hate
Time to Lower the Boom on Harvard
In Germany, the Government Wants to Decide What Is True
After Many Warnings, Trump Admin. Freezes Funding for Maine Over Refusal to Comply...
More Bad News Could Be Coming for Planned Parenthood
USCIS Stops Biden Gender Policy ‘Effective Immediately’
Details on Biden's Endorsement of Harris Shows How Much Dems Were in Disarray...
Does This New Poll Show Hopeful News for Israel?
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