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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.47+0.6%Nov 28 4:00 PM EST
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To: SGJ who wrote (175250)6/8/2022 11:39:12 AM
From: Turtles_win1 Recommendation

Recommended By
Katelew

  Read Replies (1) of 219481
 
Yes. XLE is a tough one for me to go for at this point. Of course Energy has a lot of momentum
in terms of price and earnings. But that has been the case for quite a while. Seems like about time
for a short term correction in energy. A person can be wrong over and over and over trying to time a
correction in something like energy, but regardless I think it is time for one. Not huge, but enough
to shake the confidence of some.
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