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Well, I am not going to post all of the enticing charts that I see out there. The one chart that does stick out to me as laughing in the face of bears who say we are ridiculously overbought here is the XLE. Energy stocks have been showing more and more signs of strength lately, and it is nice to see the high beta names garnering attention. Check out the strong uptrend on the sector ETF chart below, with the support trendline holding through and through, coupled with the recent tight base. Again, far from extended and could easily just be getting started.
We are killing it inside 12631 and the community is at all-time highs, in terms of both the numbers of members and the quality of our chat room and service. Come check us out by clicking on the 12631 hyperlink.
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12631 is worth it’s weight in gold and then some. RC and Chess help out with every question and listen to every idea… big or small.
Oh about XLE. NOV or APC as the laggard
Oh the girl is GORGEOUS ! Looks a little Russian