Ep 148: Jared Tendler: Using "Emotional Indicators" For Better Performance
Investing With IBD
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XLE: A Commodity Stock and Tarot Resources ETF
ExxonMobil, XOM has a ticker symbol there. That is over a 20 percent weight and then CBX, chevron, is over a20 percent weight. These two together are over 40 percent of the performance of XLE. It's not like it's spread evenly amongst the oil and gas. It's really concentrated in those two stocks. And so if oil keeps doing well, I would expect this one to start to break out of kind of a traditional cup with handle.
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