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Energy Sector Crashes

TedTed
edited October 2014 in Fund Discussions
FYI: The S&P 500 Energy sector makes up about 10% of the entire S&P 500. The sector rallied 23% from late February through June 23rd, and it was one of the top performing sectors in 2014 at that point. But things have turned ugly for Energy lately. Real ugly !
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2014/10/14/energy-sector-crashes.html?printerFriendly=true

Comments

  • CharlesCharles
    Yep.

    Riding high in April, shot down in...October.
  • hank
    edited October 2014
    Great news if you drive a conventional fueled vehicle (maybe not so good for Tesla). Lately, every time I drive by a gas station prices are down a few pennies. Just hope this also shows up in lower air fares.
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