03.03.2016 - Are Oil & Gas ETFs Staging Serious Chart Breakouts?
If you went through 2015 and the first six weeks of 2016, the weakness in the oil and gas sector was something most investors have not seen in years. Now oil is back over $30.00 and nearing $35.00, and the charts in some of the key oil and gas stocks and their ETFs seem to be reaching breakout levels. The oil and gas industry, and the investment community around energy, has been dealing all day with news of the death of Aubrey McClendon. It seems that something else may be happening here on the charts...............................................Full Article: Source
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