π Investors Are Underexposed to Energy
π Daily ETF Overview
Last week for our sector note, we discussed Energy $XLE. We just cannot ignore the strength here, so it deserves yet another mention.
XLE is breaking out of a major base to all time highs, and across the large cap sectors on our table - it's leading by a long shot. Most investors are significantly underexposed to energy, given it makes a tiny proportion of the overall passive indexes.
With this breakout manifesting, this is a trend that is only just beginning.
If youβve watched Steve explain the market and wondered how that translates into real decisions, this is the answer. The Beat Report shows what gets bought, why it gets sized the way it does, and what would change the plan.