| Leading oil stocks have already run hard - over 100% off the bottom and some are even up Year-Over-Year. Tier 2 oil stocks started to move in last week’s rally - should they be bought? Euphoria may move the group, but quarterly financials could be a regular rude awakening.
I think investors are in the middle of a Big Gap in oil stocks. The Leaders have already run so hard they're pricing in $75-$80 oil - so there's not much value or leverage there. But the Laggards need even higher oil prices than that to really work: $90-$100..........................................Full Article: Source
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