Today is All about Energy Stocks

Energy stocks are rallying and everything else is barely moving. This has become typical of the market in the past few years. Energy stocks either lead the market or trail it badly, while the rest of the market bounces along.
Here’s how the sector ETFs are performing today:
Energy (XLE) +2.52%
Tech (XLK) +0.37%
Materials (XLB) +0.22%
Industrial (XLI) +0.19%
Discretionary (XLY) +0.06%
Staples(XLP) -0.13%
Finance (XLF) -0.12%
Health care (XLV) -0.15%
Utility (XLU) -0.46%

Posted by on January 30th, 2006 at 12:50 pm

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