Real Vision: Finance & Investing cover image

Will CPI Rock the Boat? With Tony Greer

Real Vision: Finance & Investing

00:00

The Bottom of Oil Prices for the Next Six Months

Energy stocks, while it could very well be the bottom of their consolidation and a rally into the end of the year, nothing has happened on the screen to indicate that yet. I'll be more convinced when XLE exploration and production gets back up above its 200 day moving average,. The refiners look like they've seen their highs; until they start recovering their major moving averages, I can't get that excited about refiners. It might be of time where E&P can sort of take over that lead between just within the sectors and outperform a little bit.

Play episode from 15:57
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app