#$erx

[itzstockchartz]

BUY

[frankzorrilla]

Sector Rotation

The buzz word this year has been "SECTOR ROTATION", the minute one sector takes off for a few days it settles down and then the weakest starts to move up. In other words, it has been a mean reverting market, last year's losers are this year's biggest winners; ENERGY, METALS. With that being said, the XLE (energy ETF) is down five days in a row, and many energy stocks are as well.  AR, CENX, are two of interest at this very moment. They both are retesting multi-month breakouts which I expect that they will hold, and if mean reversion takes effect again then these are great entry points. ETF'S are for the most part mean reverting vehicles; anytime they are down 5-6 days in a row it peaks my interest along with the stocks within the sector.

Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at [email protected] or 646-480-7463.

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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

[itzstockchartz]

Current stop on ERX $18.10 ...what a reversal on WTI today down 3%...then up 2%

[itzstockchartz]

EERX Stop raised

Raising stop to $17.00 on 1400 shares of $ERX