Trump Publishes New Details About Retaking the Panama Canal
Post-Assad Syrian Christians Rise Up to Celebrate Christmas
Since When Did We Republicans Start Being Against Punishing Criminals?
Taking Another Look At ‘Die Hard’
Russia Blamed for Devastating Airline Crash That Killed 38 Passengers Near Ukraine
Protecting the Lives of Murderers, but Not Babies
Wishing for Santa-Like Efficiency in the USA
Man Arrested for Attempted Murder After Plowing Car Through Group of People on...
Bill Maher: 'This Is What I F***ing Hate About the Left'
Remember the Man Accused of Murdering Four University of Idaho Students? Well...
Russia Launched an ‘Inhumane’ Christmas Day Attack on Ukraine
Celebrating the Miracle of Redemption
A Letter to Jesus
Here's Why Texas AG Ken Paxton Sued the NCAA
Of Course NYT Mocks the Virgin Mary
OPINION

Crude Oil Prices Reach New Highs, Energy Stocks Rally

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Advertisement
Advertisement
Advertisement
AP Photo/Vahid Salemi, File

It's all about the oil patch and West Texas Intermediate (WTI) hitting $75.00 a barrel.  Ten of the top eleven top percentage gainers are all oil plays, and that's making energy the biggest winner by far. 

Advertisement

The XLE still hasn't taken out the recent high, but when it does, there is tremendous room to the upside.


There is also a very defensive nature to the session reflected in the stronger than normal move in Utilities. 

There are a ton of names on my list, but with tomorrow being a coin flip on the job’s number and the knee-jerk reaction, I'm holding cash. 

Ready to pounce, so be ready. Now is a great time to become a premium Hotline subscriber.  Email Info@wstreet.com to get started today. 

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos