Energy turning out to be stronger than expected

Key Takeaways

  • S&P still grinding sideways, but this consolidation should break out to the upside into Friday’s CPI report and/or early next week before showing much resistance.
  • Energy technicals show a further push up before consolidation;  however, weakness likely does not prove to be as strong as initially expected, and Crude should hold $100.
  • Uranium stocks look like an attractive area to overweight on Biden’s plan.
US Equity markets continu...

Finish reading this report for free

Enter your email and we'll send the paywall-free report directly to your inbox

Articles Read: 2/2

In addition to your unlocked report, you will receive our weekly market newsletter Fundstrat Snapshot, as well as occasional updates and offers from Fundstrat Direct. You can unsubscribe at any time.

Get unlimited access to Tom Lee's Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Events

Trending tickers in our research