Natural Gas and Oil Funds
Pre-election years tend to be the best years during the four year presidential cycle, according to Jeffrey Hirsch, editor-in-chief at Stock Trader’s Almanac.
Conflicted technicals suggest mixed action into next week.
But if we get some panic, it will potentially set up for a series of positive divergences.
Author Gregory Zuckerman says the fracking revolution has done more to lower oil prices than Saudi Arabia.
The market tends to reverse after the initial Fed action.
The market got a whoosh and a rebound, which did at least relieve the short-term oversold condition.
Why do energy ETFs lag markets they track in the long term?
Further sell-offs could hit the oil services sector as fear premium fades and energy prices continue to fall.
Market Vectors Coal and Peabody Energy are up with United States Oil down, while coal pluses move keep it chugging along.
Profit from coal is down but not out.
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