Energy Select Sector SPDR Fund (XLE)

(A Top Pick February 22/18 Up 16%) They took an even larger position in the Canadian sector, but took profit recently. The seasonal peak is from February 25 to May 9, so thinks this sector is due for a retracement. Inventories are being talked higher, so he thinks it is time to take profit on this one.

If the price of oil starts to ramp up we will do just fine. This is a safer way to get into the energy sector. We came back to the November/December lows.

XLE-N vs. XOM-N. XLE-N is the US ETF on energy and is primarily 22% XOM-T. He sees very little growth going forward in XOM-N. He thinks there are better plays in the energy sector. He would be willing to gamble more on Canadian names that are so depressed in price. See Top Picks today.

(A Top Pick June 30/17 - Up 2.7%.) He continues to hold it. Likes it better than the Canadian space.

(A Top Pick May 11/17. Up 15%.) He's been buying this since last summer, and is continuing to hold.

(A Top Pick June 30/17. Up 14%.) He likes the U.S. Energy sector because what he see happening down the road in terms of oil prices. In term of P/E they are pretty attractive out there and he sees the overall U.S. economy doing extremely well.

(A Top Pick May 11/17. Up 1%.) As soon as he bought this, it promptly went down, but he still likes the sector. US based energy should do well over time.

The energy stocks have really lagged the market. Energy stocks are extremely highly valued even though they are expecting 270% earnings growth. These stocks have been really out of favour though.

American energy stocks are at their lows, which is a pretty good reason for buying this.

US energy index ETF. It is so out of favour now, but there are a number of things that are lining up. The Saudis want to get the price of oil up because they want to sell off an asset. He is buying it because it is out of favour and he prefers it to the Canadian energy sector.

Energy. This is a very good ETF. He would be holding this, especially since it has been beaten down.

If you believe that oil is on sale, is there an ETF, US or Canadian, that has been beaten down worse than the others, and is this an opportunity? There are a couple that you could look at. iShares S&P/TSX Capped Energy (XEG-T) and BMO S&P/TSX Oil and Gas (ZEO-T). These are very similar, so either one. On the other hand, you could go into the US and pick up this one, which has not been slaughtered quite as badly as the Canadian stuff.

(Top Pick Feb 20/14, Up 9.28%) He sold out of energy and is not looking to get back in until later on in July.

(A Top Pick Jan 3/14. Up 7.82%.) Energy tends to do well from early January all the way through to May. Oil prices, gasoline and gas prices tend to go up at that time. The period of seasonal strength is coming to an end now.

This trade has not worked in the last few years as well as it should have, but right now you want to be in that sector. It is a long term trend based on supply/demand imbalances. He may get out a little early this year.