XLE at 10% discount

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XLE at 10% discount

$Energy Select Sector SPDR Fund(XLE)$ is currently trading at a 10% discount to its April 2024 all-time high. Given the prevailing economic conditions, I believe the masses will not be transitioning to electric vehicles (EVs) en masse in the near term, making this a potentially attractive buying opportunity in the energy space.

# Will Oil Prices Continue to Drop or Rebound?

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breAkdaWn
·06-17
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true. h2 out. Lecky out! oil always in!?
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- nomadic_m:
  only time will tell how the energy landscape evolves!
  06-17
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UrsulaFowler
·06-17
Interesting take on XLE
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TamSnow
·06-17
Interesting analysis
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