What John Howell said in this video:
- Oil & Energypositive for stocksshort-termThe host sees oil in a strong uptrend of higher lows, likely to break out and move above its recent high.Source
- XOMbullishlong-termThe host recalls calling XOM and CVX for two years of upside last year, and these energy names have since broken out strongly.Source
- Oil & Energypositive for stocksshort-termThe host calls the energy sector still the strongest out there, with XLE up roughly 60% this year while other markets get crushed.Source
- Oil & Energyneutralshort-termThe host warns against entering the energy sector now since it has already made a big move; latecomers should not chase it.Source
- Othernegative for stocksshort-termThe host sees gold about to break a new low with silver at a new low, gold down roughly 30% while energy rallies.Source