Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries My Advice? Sell These 2 Dividend Funds in 2023 By: Contrarian Outlook January 02, 2023 at 04:00 AM EST There’s a disconnect setting up in the energy market that’s a flashing yellow light for investors—particularly if you’ve been playing high-flying oil stocks in 2022. That would be the fact that oil stocks have become “unhooked” from the underlying oil price, as you can see below: Oil Stocks Zig, Oil Prices Zag The purple line is the United States Oil (USO) ETF, which tracks the price of light, sweet crude delivered to the distribution hub at Cushing, Oklahoma. The orange line is the Energy Select Sector SPDR ETF (XLE), a proxy for oil stocks, with big-cap names like ExxonMobil (XOM), Chevron (CSX) and Marathon Petroleum (MPC) among its holdings.… Read more Read More >> Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
My Advice? Sell These 2 Dividend Funds in 2023 By: Contrarian Outlook January 02, 2023 at 04:00 AM EST There’s a disconnect setting up in the energy market that’s a flashing yellow light for investors—particularly if you’ve been playing high-flying oil stocks in 2022. That would be the fact that oil stocks have become “unhooked” from the underlying oil price, as you can see below: Oil Stocks Zig, Oil Prices Zag The purple line is the United States Oil (USO) ETF, which tracks the price of light, sweet crude delivered to the distribution hub at Cushing, Oklahoma. The orange line is the Energy Select Sector SPDR ETF (XLE), a proxy for oil stocks, with big-cap names like ExxonMobil (XOM), Chevron (CSX) and Marathon Petroleum (MPC) among its holdings.… Read more Read More >>