The Tide Is Changing
Thank you for your patience and understanding. WCTW, our flagship weekly articles typically come out on Monday, but due to my trip to Kona, it is delayed to today. But with the benefit of hindsight, I am glad it was postponed because this week feels like the tide is finally changing.
For those of you that have invested in energy stocks, you must have felt something changed since late last week. Your performance so far this week should be a reflection of that. More importantly, in my opinion, the market is finally telling me the tide is changing.
As I sit here today to prepare the WCTW article for you, I just can't help but find chart after chart telling me the same thing, energy stocks are on the cusp of breaking out.