Energy Select Sector SPDR (ETF) (AMEX:XLE)
Seeks to replicate the total return of the Energy Select Sector of the S&P 500 Index. It unbundles the benchmark S&P 500 and gives the investor ownership in particular sectors of industries that are represented by a specified Select Sector Index.
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I expect energy prices to rebound, therefore, many stocks in the sector should benefit
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In the long run, this is probably one of the safest bets on making a good investment call. The day the likes of Exxon-Mobil or Chevron stop generating huge revenues, I wouldn't just worry about their stock price declining but rather about the bigger problems like oil scarcity.
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Energy, Energy, Energy It's the Energy Stupid!
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energy will continue to go higher
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It's going to pull back a little bit for couple days but it will outperfrom the mkt. There is nothing can beat the oil compnaies. We all need oil. This is a very good long-term investment.
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energy is golden.
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Driven highly by oil, and I can't see oil producers being happy with declining prices
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Oil is stablizing and if it stays over $50, it will be great for oil companies. If you don't want to buy individual companies, then this is a great way to buy a few in one shot.
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It's getting winter; it's getting colder. D'uh...
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My position - SHORT XLE until it reaches $39, which will be by May 2007
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Oil stocks are oversold and this ETF should come back to 58 in the next few months.
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even at $60 oil, which I view to be a realistic floor, energy services industry will benefit from increased recovery and exploration activity
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OIL WILL ONLY GO UP
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