This has been a tough year and a very tough 3rd quarter for all sectors. Energy was affected as much if not worse than most of the other sectors. Here I will detail the performance of the virtual mutual fund I've set up for the Energy sector on the Marketocracy web site. Orange line in the chart below shows how my Energy Fund has performed relative to the m100 (a collective Marketocracy fund that uses picks from the top 100 members), S&P 500, Dow Jones Index, and Nasdaq. <a[More...]
Oil peaked at $147 (grey, area) and equities (SPX, candle) hit bottom. It is clear, that the fuel for this rally in equities is the decline of oil prices specifically and commodities prices more generally. Unfortunately, the Bulltards have misunderstood[More...]
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