While Nobody Was Looking, Crude Oil Has Begun to Breakout

WTI is breaking out of a key pattern, so the energy stocks could bounce nicely

• Is UNC about to become a football school…rather than a basketball school???

• Given the “internals” for the stock market recently, it seems like investors just want this year to end…after a very nice 2-year run.

• Crude oil is breaking out of a key technical pattern. It won’t take much upside follow-through to cause the energy stocks to play catch up in a meaningful way before year-end.