Tuesday, 12 June 2012

US Energy Sector seems to have reached a Bottom

Dear Friends,

Our S&P500 Energy Sector Market Sentiment Indicator has shown a double bottom in the Oversold region. Currently 26.19% of stocks are bullish in the Energy Sector.

We think that buying into Energy stocks now is a good choice as further downside is limited. Holding period can be mid to long term.

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