Energy has clearly been on a tear in recent weeks, bouncing from oversold conditions. The energy sector has not broken out and is still rangebound, so until that breakout takes place, we do have to lean on the side of caution for now following this rally.
But we're beginning to see a handful of industry groups within the sector begin transitioning to green.
Interestingly, MLPs have been a clear area of outperformance as indicated by the long stretch of green while the other groups have been red.
Just like the eSport stocks we covered yesterday and these MLPs today, there are so many opportunities under the hood.
We discuss exactly that in our intimate Portfolio Accelerator events. The entire team will be getting together in a few weeks and access is invitation only. If you want in, you can apply to join here.
