Articles Related to XLE

Energy: The Strongest Sector In The S&P?

By Levi at Elliott Wave Trader; Produced with Avi GilburtIn the weeks to come, you will likely see quite a few more setups and discussions regarding Energy sector stocks. We are showing the likelihood of an important low being struck across that portion of the marketplace. Let’s take a look at the general landscape of the sector in (XLE) and (XOP). Also, an update on one of our recent articles to the readership (DVN). What Is The Current Fundamental Landscape?Lyn Alden closely tracks the Energy sector and will frequently share her views with our members. Her latest comments are below: “XLE and oil producers more broadly look very strong from a long-term fundamental point of view.

by Levi - 5 months ago

CEIX: A Lump Of Coal Or Two Might Be A Good Thing

- Despite coal being written off as dead, global coal consumption remains near all-time highs, making hydrocarbon producers a bullish investment.- Peabody Energy Corp and the Energy Sector overall are recommended picks for investment.- CEIX was featured as an official Wave Setup in June and is expected to see another surge higher in a fifth wave.By Levi At Elliott Wave Trader; Produced With Avi GilburtMyth has it that if someone received a lump of coal it was some sort of punishment, or worse.

by Levi - 5 months ago

BP: Becoming Interesting At Current Levels

- Follow along as we examine the fundamentals for BP with Lyn Alden.- Also, we take a look into the Oil/Energy Sector and seek the synergy between the fundamentals and the technicals.- The Fibonacci Princess Proclamation, a new feature in our articles designed with swing traders in mind, sizes up BP, XLE and XOP.by Levi at StockWaves; produced with Avi GilburtWe are absolutely surrounded by some amazing talents from the world of stock analysis. It’s of such great benefit to have research presented from different angles and methodologies. And, when these coalesce into the same conclusion, it makes for high-probability investing and trading.We will look at the fundamentals first with Lyn Alden.

by Levi - 11 months ago

Enbridge Over Troubled Water

- We are neutral to bearish near term on the Energy Sector overall and view it as troubled water for the moment. What is different about Enbridge?- Lyn Alden discusses fundamentals and why Enbridge may fare better than some.- The technical viewpoint provides us with overhead price targets and where this scenario might need revision.by Levi at StockWaves; produced with Avi GilburtIt was back in late May of 2022 that StockWaves turned cautious the Energy Sector (XLE). Rewinding a bit further, we had been uber-bullish nearly all things energy from the Fall of 2020. Yes, (XLE) and most energy related stocks fell sharply into mid-Summer of 2022.

by Levi - 1 year ago

Exxon Mobil: Has The Energy Run Out?

- After being feted and fawned over as the darling of 2022, have (XOM) and the energy sector rally run out of juice?- We update our viewpoint on the entire energy sector, including (XOM).- Lyn Alden provides commentary and fundamental analysis. What about recession risk in 2023?- Here are the key price levels in (XOM) to watch for support and an ultimate upside price target farther out in time.by Levi at StockWaves; produced with Avi GilburtRight out of the gate let’s just say that we see the entire energy sector as reaching for much higher highs over the next several months.

by Levi - 1 year ago

An Important Update On The Energy Sector

- We share an important update from the fundamental area of our analysis team.- Then, we take a look back at some of our pivotal calls from January 2021 and May 2022.- What is the technical setup for some key energy names going forward?by Levi at StockWaves, produced with Avi GilburtWe see the energy sector at important inflection point right here right now. It may be that we find ourselves at a similar point as some of our other pivotal calls from the past two years. Let’s have a quick review.It was back in the Fall of 2020 that we began to focus on several different energy names.

by Levi - 1 year ago

Exxon Mobil: On The Move, But Maybe Not In The Direction You Think

Let’s look at the fundamentals of the underlying commodity driving XOM, crude oil.Next, we zoom into the specifics of XOM’s current valuation.What's the technical viewpoint and where might XOM find an important swing low in price?By Levi at StockWaves, Produced with Avi GilburtCrude oil is a market where fundamentals certainly matter. However, it's also in the commodity family. Commodities are famously driven quite strongly by sentiment. There are times, especially at important turns in price, wherethe fundamentals do not seem to make sense.At Stock Waves we use both fundamentals and technicals to help us identify high probability setups across the markets. One such setup is now developing in Exxon Mobil.

by Levi - 1 year ago

We shall return you to Energy! We shall return you to Energy! We shall return you to Energy!

To say that StockWaves has been following the Energy sector closely since 2020 is a bit of an understatement. After XLE XOP ripped up 100% off the March 2020 we wanted to see some nice retraces. As we were bottoming in an ABC down from June2020 into the Oct/Nov 2020 lows and got an initial move up we posted an article on SeekingAlpha in Jan. https://seekingalpha.com/article/4397923-riding-stock-waves-update-on-energy-sectorIn that we highlighted some of our favorite names and laid out the case for a longer term upside swing at Intermediate degree as either a (3) or (C).

by Zac Mannes - 1 year ago

Riding The Stock Waves: Update On The Energy Sector

XLE up over 50% off the October 29 low.Many key names in this space pay juicy dividends.Substantial upside potential remains through 2021.In the following video we discuss our current analysis of some key names in the energy sector and highlight some of the best examples of a similar chart pattern setup that most share.https://youtu.be/Q2OUqzYNb_Uhttps://www.elliottwavetrader.net/videos/Stock-Waves-Live-Video-202101079326.htmlMost charts in the energy sectors followed through in deeper corrections we warned our subscribers about off the June and August highs, then reversed as expected, rallying more than 50% in November and December in merely the start of a larger swing.

by Zac Mannes - 3 years ago

$XLE - Elliott Wave Chart Analysis on Sep 20th, 2018

XLE may need a brief consolidation in wave ii of (iii) before continuing higher.

by Garrett Patten - 5 years ago

$XLE - Elliott Wave Chart Analysis on Aug 20th, 2018

XLE can easily count as bouncing in a micro 4th wave, similar to crude, before a final low to bottom between 71.50 - 69.80 as wave b of 3.

by Garrett Patten - 5 years ago

Key Sectors and Ingredients for Rally Continuation

key sectors...held where they HAD TOO....they where the tape tell that gave the confidence yesterday should be IT....as i've been harping on for a few weeks....the 4 horsemen to take this tape up an out remain: Industrials, Materials, Financials...and Emerging markets (yes not a sector).... since all these held beautifully and positions are set....now we are just left with watching patiently as they need to just continue to plot along Continuing their paths... reversals would be warnings...but till then nothing to do...lazy river for a bit....

5 years ago

Sticking with the Multi Month Swing Trades

Not seeing anything to change my tune....Back out play the Daily charts (if you have a swing trader mentality). Likely to be a bunch of noise the next 48 hours and this week with FED, NK summit etc etc.... I'm headed to New Yawk for a work deal in a bit for my flight...so won't be on much till Thursday when i return.....keeping my core swings as posted to Jan, Mar and June 2019....and some of the momo shorter dated for now... As Industrials, Materials, Financials and HC keep strenghthening I believe they will LEAD as stated a bunch of late...Consumer Discretionary and Energy just needs the continuation leadership.... once EEM jumps on board...

5 years ago

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