Primed for an Energy Play
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The energy sector and the metals & mining group have led the market lower recently. They are at the bottom of our relative performance lists and are the only two sectors that have moved into deep oversold territory in our internal indicators. However, we have very different outlooks on these sectors. We're bearish on metals & mining, and we view any oversold bounce as an opportunity to get short the group. On the other hand, we are looking at the oversold condition in energy as an opportunity, and we're positioning for bullish plays in that sector....347 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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