Two 'Risk On' Energy Plays for QE3
The market staged its largest and most impressive rally of the year Wednesday with all the major indices rising more than 2%. A good portion of this return of "animal spirits" to the market was due to the belief that Ben Bernanke's Federal Reserve stood ready to step in once again to support the market. If this turns out to be the case, I would expect similar effects to that of previous efforts, where a lot of this excess liquidity flowed into the commodity complex.
This should provide a good tailwind to energy prices and could lead to some good "risk on" trades in the beaten-down energy sector. Here are two undervalued Texas energy plays that could ride this catalyst to much higher stock prices....301 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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