Trade Alert - Going Long CVE, SU, MEG, BTE, OXY

TRADE ALERT

Roughly 2 weeks ago, we exited all of our energy trading positions as WTI broke down. We also noted the disconnect in oil to energy stocks as another reason to be cautious.

Following the developments over the last 2 weeks, oil has so far held the $69 to $71 support level, while energy stocks are now sitting at support levels.

We will have stop-…