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Crude Oil & Energy Sector Outlook (video)

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Crude Oil & Energy Sector Outlook (video)

This video begins with the outlook for crude oil followed by analysis of XLE (energy sector ETF) and XOP (Oil & Gas Exploration & Production ETF) along with the top components of each sector.

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2018-08-20T14:21:10+00:00May 18, 2016 1:14pm|Categories: Equity Market Analysis, Gold & Commodities|Tags: , , , , , , , , , , |4 Comments

4 Comments

  1. lee1 May 18, 2016 1:23 pm at 1:23 pm

    Also thinking crude corrects soon even if breaks above 50 for a bit.

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  2. jupiter May 18, 2016 1:57 pm at 1:57 pm

    Thanks, Randy for analyzing the sub sectors of USO and XLE, and
    explaining how you watch all of those in addition to @CL to form a careful
    opinion of each.

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    • rsotc May 18, 2016 2:04 pm at 2:04 pm

      FOMC minutes just out. Essentially stating that the market (the public) misunderstood their willingness & likelihood to raise rates which plays into the my recent calls for a rally in the US dollar which should provide headwinds to crude oil & the energy stocks as well as gold & GDX.

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  3. dan123 May 18, 2016 2:40 pm at 2:40 pm

    Great video thanks Randy

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