Oil Receives the Homo Hammer

Short Oil continues to work, but for how long? Alternative energy stocks are getting killed take a look at [[FSLR]] & [[CSIQ]], however [[CLNE]] & [[GU]] remain in the green. Odd, no?

Has the game plan reversed course? Is it really long the banks, short oil?

One could buy an [[HK]] or [[CHK]] at these levels, but to me it make more sense to pick up a refiner here.

Are you a buyer of oil here?

Note: [[ENER]] looks next in line to fall, I’m all over it below the 50 MA.