Oil Might Be Down, But It's Not Out – Here's The Long Term Play

Daniel Cross - INO.com Contributor - Equities


The energy market has been a meat grinder for investors during these last nine months. Just look at the nosedive oil prices have taken:

Light Crude Oil (WTIC) - Chart
Chart courtesy of StockCharts.com

Oil might have led the way, but it took down energy as a whole as well. A quick look at the Energy Select Sector SPDR ETF (XLE) reveals a couple of interesting notes investors should be paying attention to. Continue reading "Oil Might Be Down, But It's Not Out – Here's The Long Term Play"