$Energy Select Sector SPDR Fun

0.75 bp interest rate hike and a market pullback for energy stock. What an eventful week. Tempted to enter some as it seems like a good dip to enter. Will watch it closely this week to see if can go back above 20days MA. Im already in $Occidental(OXY)$haha.

For a broader exposure, this ETF does the job. What else should i buy for near to mid term?

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Comments

WebbBart
2022-06-17
WebbBart
What the Fed is trying to do is to drop the oil price. Why do you still want to buy it?
- Isaiahtcy:
  Theres still ST potential upside. Crude oil prices increased but the etf is down.
HarryCox
2022-06-17
HarryCox
It is a support for XLE, you can buy a little bit, but remember, only for short time. It will be falling soon!!!
Lionel8383
2022-06-17
Lionel8383
Might want to watch for sector rotation out of energy
Maria_yy
2022-06-18
Maria_yy
Nice post, I will share it with others.
_dachad
2022-06-17
_dachad
it would be ok to start with a small amount
JeremyKok
2022-06-17
JeremyKok
thank you for sharing.

Leave a comment

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What an eventful&nbsp;week. Tempted to enter some as it seems like a good dip to enter. Will watch it closely this week to see if can go back above 20days MA. Im already in&nbsp;<a href=\"https://ttm.financial/S/OXY\">$Occidental(OXY)$</a>haha.&nbsp;For a broader exposure, this ETF does the job. What else should i buy for near to mid term?&nbsp;<img src=\"https://community-static.tradeup.com/news/b190d8231ce5215723c73480e8c8595d\" tg-width=\"1080\" tg-height=\"2445\"></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/XLE\">$Energy Select Sector SPDR Fund(XLE)$</a>0.75 bp interest rate hike and a market pullback for energy stock. What an eventful&nbsp;week. Tempted to enter some as it seems like a good dip to enter. Will watch it closely this week to see if can go back above 20days MA. Im already in&nbsp;<a href=\"https://ttm.financial/S/OXY\">$Occidental(OXY)$</a>haha.&nbsp;For a broader exposure, this ETF does the job. What else should i buy for near to mid term?&nbsp;<img src=\"https://community-static.tradeup.com/news/b190d8231ce5215723c73480e8c8595d\" tg-width=\"1080\" tg-height=\"2445\"></body></html>","text":"$Energy Select Sector SPDR Fund(XLE)$ 0.75 bp interest rate hike and a market pullback for energy stock. What an eventful week. Tempted to enter some as it seems like a good dip to enter. Will watch it closely this week to see if can go back above 20days MA. Im already in $Occidental(OXY)$haha. For a broader exposure, this ETF does the job. 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Why do you still want to buy it?","text":"What the Fed is trying to do is to drop the oil price. Why do you still want to buy it?","html":"What the Fed is trying to do is to drop the oil price. 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