One Final Thing-Energy

We flagged back in Mid-March that energy stocks had become a red flag, diverging from the market uptrend then in place.  Energy is one of the worst performing sectors so far in 2012.  A lot of that has to do with the collapsing price of natural gas.  The ETFs though are beginning to look washed out.  We'll publish a chart of this sometime next week.    There is a fascinating story about energy now in the US largely masked from the average person by the rising price of gasoline.  We'll try to flesh this story out in near future but in the meantime keep your eyes on these companies in the weeks ahead!

*Long energy ETFs client accounts.  Long certain energy stocks in legacy accounts.