Energy
Cloud-Computing vs Crude Oil: Lessons in a Dramatic Chart

Cloud-Computing vs Crude Oil: Lessons in a Dramatic Chart

One of the biggest events in the history of the Dow Jones Industrial Average happened last August when Salesforce.com replaced Exxon Mobil as an index member. A 21-year software company elbowed out a transnational giant tracing its origins to John D. Rockefeller and...

The Value Trade Seems to Be Coming Back After a Brief Pause

The Value Trade Seems to Be Coming Back After a Brief Pause

That huge shift in investor sentiment, growth to value, seems to be resuming as a new month begins. This chart compares the iShares Value ETF (IWD) with the iShares Value Growth ETF (IWF). Notice how they’ve moved in opposite directions since the beginning of last...

Another Healthy Pullback in Energy ETF?

Another Healthy Pullback in Energy ETF?

Energy is the strongest sector this year, but is down in the last month. Is it time to buy the pullback? This chart of the SPDR Energy ETF (XLE) has some interesting patterns. First are the candlesticks from March 23 and 25: an inverted hammer and then a normal...