Energy Select Sector SPDR Fund (XLE) Options

“The Trump administration’s policy-induced uncertainty, combined with rising inflation expectations and diminished consumer confidence, weighed on major stock indexes, further boosting gold’s appeal as an alternative investment and portfolio diversifier,” they said. “A key factor behind gold’s latest rally was a surge in the holdings of gold bullion-backed ETFs. Total known ETF holdings of gold increased by 2.49% in February, marking the largest monthly inflow since March 2022.” $XLE

Energy Sector needs Silver The Silver Institute projects a 149 million-ounce deficit in 2025 $XLE

New York manufacturing index rises to 5.70 in February $XLE

Silver shortages could slow down Alternative energy, also known as renewable energy push for climate emergencies in 2024 and beyond.

Physical Silver, precious metals to see second-highest deficit in 20 years, as record industrial demand rises 9% in 2024 - Silver Institute’s World Silver Survey https://www.kitco.com/news/article/2024-04-17/silver-see-second-highest-deficit-20-years-record-industrial-demand-rises-9 $XLE

Physical Silver, precious metals to see second-highest deficit in 20 years, as record industrial demand rises 9% in 2024 - Silver Institute’s World Silver Survey https://www.kitco.com/news/article/2024-04-17/silver-see-second-highest-deficit-20-years-record-industrial-demand-rises-9 $XLE

nice move down

Precious metals Gold Silver move upward as the middle east, china and taiwan and Ukraine and Russia wars continue to hit the news channels worldwide. $XLE

9 Reasons Why Gold Will Soon Replace Treasuries as Ultimate Store-of-Value Asset https://www.investing.com/analysis/9-reasons-why-gold-will-soon-replace-treasuries-as-ultimate-storeofvalue-asset-200640578
$XLE

Benchmark 10-year yields reached 4.312%, testing October's 4.338%, a break past which would be its highest since 2007. $XLE

Looks like a bounce up and then retreat

How’s that Bag lol

Looks like we are close to that $60 target
Let’s go

See ya at $60

It’s down $20 in the last 3 weeks!!!

Looks like we are wining here
Let’s go!
FUPM!!!

BAWHAHAHA

Right…

I just love it when a plan comes together!!!
Elgordodamus!!!!
FUPM!!!
The Big Short!!!!

Patience is key here!!!
FUPM!

Or not…

BAWHAHAHA

Get ready for the big dump on here!!!
Ya going to stay holding the bag!!!

That would be handy but not sure increase in oil price will mean more production domestically. We shall see

Price of oil and gas heading up, might we see some action here?

I don't see much activity here, no news is good news. Looking for opinions. Some are saying we are nearing the top. I'm thinking we are just getting started as far as the country re-opening. Energy demand/usage is going to go way up compared to prev 12 months, planes, trucks/cars, manufacturing. Add to that the oil cutbacks by the new Admin and Saudi holding the line, tensions in the Middle East. Well, leave out the middle east, it's the wild card, but with everything else, what do you think?

Gap up

Oil supply as COVID surges

Already seeing some European nations shutting down. Oil supply going into winter + covid slowdown and WTI could be headed for $30, or even lower

Crashing Central Banks selling off XLE and CME in an attempt to crash economy. These deep state Central Bank rats, target energy and basic materials anytime they need funds to support their failing banks.

This banking fraud needs to be stopped for good.

I’m looking to get my feet wet here investing in some energy stocks. I like the way this chart is setting up. It got up to $46 a share here and has been on a down trend since .

Pretty close.

I'm thinking we are near if not at the bottom.
The question is do you think the virus is as bad as many folks are saying. I personally think it's overstated. But companies are reacting negatively that will obviously harm our growth.

1) We have OPEC and Saudi's piss at Russia. They threatened to increase the production of 2.0 million BPD above its current output. That caused the crash beyond the virus stuff.

2) We have OPEC and Saudi's wanting to put the US shale biz.. out of biz.

3) We have these smaller producers in the US borrowed up to their ass now trying to protect and just be trying not to go out of biz.

4) We have Both Russia, OPEC and Saudi's needing the cash so as not to that could cripple these countries' economies. (THEY MUST MEET)

5)IMO, we have an overstated fear of the virus. (DEMOCRATS WANT TRUMP FAILURE THIS BAD)

6) We have a President who "says" he is going to bail out the industry.. but IMO is complete BS.. we shouldn't. Plus we know TRUMP is a bunch of Hot air many times. (TRUMP WANTS LOW PRICE BUT ALSO DOES NOT WANT THE BANKS TO FORCE PAYMENTS ON THE HOCKED PRODUCERS)

Well, you were absolutely correct on that!

What do you think now about the bottom?

XLE - picked some up at 35.80. Will take some more at 34.00. Don't see this Putin/SA thing lasting very long.

We could see below $40.00. Just hard to determine where the bottom could be just yet. But yes, buying opportunity, just when.

Buying opportunity here...

Energy Stocks Pop, But The Trend Is Still Down, Here’s The Trade $XLE

This morning, all of the leading energy stocks are trading higher after an attack on an oil field in Saudi Arabia. Most leading energy stocks such as Exxon Mobil Corp (NYSE:XOM), Chevron Corp (NYSE:CVX), ConocoPhillips (NYSE:COP), BP Plc (NYSE:BP) and others are all trading sharply higher today on the back of this news. While crude oil and most energy stocks are strong today it should be known that the longer term trend is still down.

In fact, the Energy Select SPDR Fund (NYSEARCA:XLE) peaked in June 2014 at $101.52 a share. Since that high pivot, the popular ETF has been making lower highs on the charts. It is now trading at $62.66 a share. The next major resistance area for the XLF will be around the $68.00 level. That level is where the 50 and 200-week moving averages are currently at on the chart. There is also a pivot top resistance level in place from late April 2019. Traders should watch this key resistance level for a potential short trade or put option opportunity.





Nick Santiago
InTheMoneyStocks

$XLE U.S. oil prices hit their highest since mid-2015 on the final trading day of the year due to an unexpected fall in American output and commercial inventories.

Crude futures are currently up 0.6% to $60.21/bbl, after hitting a high of $60.32 earlier in the session.

Since the start of the year, WTI has climbed around 12%, although the price rise from mid-2017 is much stronger, at nearly 50%.

$XLE Crude prices are little changed as uncertainty weighs in ahead of next week's meeting between OPEC and Russia in Vienna.

Why I Alerted Investors To Buying Puts On The $XLE (Oil Stocks)

The Energy Select Sector SPDR (ETF)(NYSEARCA:XLE) is a strong short in my opinion. This comes from pure technical analysis. First, the $XLE hit the daily 200 moving average, after surging since mid-August from under $62.00 to a high today of $68.90. This is a monster move in a very short time frame. Next, oil is trading in the upper range around $52.00. Just weeks ago it was near $45.00 at the low end of the range. This range has been active for most of 2017 and continues to hold. Next, the $XLE is pulling back off the daily 200 moving average forming a topping tail. Topping tails are great reversal signals. Off these factors, I alerted members to buy puts on the $XLE. I expect the price of the $XLE to fall to $66.00 - $66.50.



Gareth Soloway
InTheMoneyStocks

$XLE White House denies Paris climate rumor

The White House has disavowed a WSJ report that quoted EU Commissioner for Climate Action and Energy Miguel Arias Canete as saying the Trump administration would reverse its intention to abandon the Paris climate accord.

"Our position on the Paris agreement has not changed. @POTUS has been clear, US withdrawing unless we get pro-America terms," Press Secretary Sarah Huckabee Sanders wrote on Twitter.

$XLE Crude oil shoots higher on signs of tightening supply

Crude oil futures enjoy solid gains in today's trade, supported by the biggest-ever weekly drop in U.S. gasoline inventories and signs that market supply and demand are coming back into balance.

U.S. crude for October delivery currently +1.6% at $49/bbl in New York, with the global Brent benchmark +1.2% to $54.92, near a five-month high.

The U.S. Energy Information Administration reported that gasoline stockpiles fell by 8.4M barrels in the week ended Sept. 8, while stocks of distillates fell by 3.2M barrels, also exceeding analyst expectations; meanwhile, U.S. refineries ran at at only 78% of operable capacity, allowing commercial crude oil stocks to rise by 5.9M barrels to 468.2M.

Earlier today, the International Energy Agency said August global oil supplies fell for the first time in four months, while also upwardly revising its 2017 oil demand estimate to 1.6M bbl/day from its July estimate of 1.5M bbl/day.

Sei Investments Co. Increase Its Shares OF Energy Select Sector SPDR (XLE)

Sei Investments Co. increased its numbers of stocks in Energy Select Sector SPDR (NYSE:XLE) by 373.3% amid the second quarter, according to its latest documenting with the SEC. The firm possessed 2,707 shares of the trade exchanged reserve's stock subsequent to purchasing an extra 2,135 shares amid the quarter. Sei Investments Co's. possessions in Energy Select Sector SPDR were worth $176,000 as of its latest recording with the SEC.
http://www.stocksmarketnews.com/sei-investments-co-increase-its-shares-of-energy-select-sector-spdr-xle/

$XLE Coal, nuclear power get boost in Energy Department power grid study

A U.S. Department of Energy study on the electric grid recommends relaxing rules on coal plants and easier permitting for resources such as coal, nuclear and hydropower.

The report says cheap and abundant natural has been the primary factor behind the closure of coal and nuclear plants in recent years, with environmental regulations and subsidies for renewable energy sources only secondary factors.

The report’s main recommendation is for a change in how regulators price electricity to reward steady production, which is common at nuclear and coal-fired plants.

We have a creeper here.......

XLE

Crude oil tumbles below $50, sinking energy stocks

Crude oil prices plunge as much as 5% after OPEC's decision to extend production cuts fell short of hopes for deeper or longer cuts; WTI -3.9% at $49.35/bbl and Brent -3.7% at $51.96/bbl, fall sharply lower after paring early losses throughout the morning.

"A nine-month extension of the output cuts is already baked into prices," says Olivier Jakob, energy markets analyst at Swiss consultancy Petromatrix, adding that "this shows there's not much more OPEC can do."
Shares of oil and gas companies are sharply lower, bucking the rally in the broader stock market, with 32 of 34 components of the SPDR Energy Select Sector ETF (XLE -1.4%) showing losses.

Among the biggest and most active losers: RIG -5.9%, CHK -4.5%, MRO -5.5%, WLL -7.4%, COP -3.5%.
The two XLE gainers are TSO +2.3%, KMI +0.6%.

Trump signs order to expand offshore drilling

Pres. Trump officially signs an executive order that seeks to expand offshore oil and gas drilling to areas currently off limits.

The order will allow the Interior Department to review and replace the Obama administration's most recent five-year oil and gas development plan for the outer continental shelf, which includes federal waters off all U.S. coasts, and will reverse Obama's move to place parts of the Arctic permanently off limits to drilling.

The order also allows the Commerce Department to review previous presidents' designations of marine national monuments and sanctuaries under the 1906 Antiquities Act over the last 10 years.

California Attorney General Becerra says his office will strongly oppose drilling off its coast.

Trump signs order to curb Obama climate change rules
Pres. Trump officially signs an executive order removing climate related regulations on the energy sector, as expected.
The order formally reviews Pres. Obama’s Clean Power Plan, which would have required utilities to cut power plant carbon emissions to 32% below 2005 levels by 2030, pulls back guidance on climate change and official estimates of the social cost of carbon, methane and nitrous oxide, and rescinds a temporary ban on new coal leases on federal lands.

Trump to sign clean power rollback order tomorrow, EPA's Pruitt says
The Trump administration will issue an executive order tomorrow that begins dismantling former Pres. Obama's Clean Power Plan that cut carbon dioxide emissions and discouraged coal-fired electricity, EPA chief Scott Pruitt said yesterday.
Pruitt told ABC's This Week that the order would be followed quickly by actions to "make sure that whatever steps we take in the future will be pro-growth, pro-environment but within the framework of the Clean Air Act.”
Obama's EPA set a goal of cutting carbon dioxide emissions by 32% below 2005 levels by 2030, and its Clean Power Plan dictated specific targets for states; the initiative has been in legal limbo since the U.S. Supreme Court stayed it in February 2016, but utilities have reduced coal-fired electricity and added natural gas and renewable power, partly to satisfy the Plan's looming requirements.

Slide in oil prices could deter lenders as banks review credit lines
The recent downturn in crude oil prices comes at an unfortunate time for oil companies with the next round of bank reassessments of credit lines set to start next month.
A drop below $45/bbl likely would result in credit line reductions, raising the potential for cuts that crippled drillers a year ago, says Haynes & Boone law partner Kraig Grahmann; between the end of 2015 and October, when credit lines were last reassessed, the average borrowing base for U.S. explorers fell 16%.
“The next month is going to be absolutely critical from an oil price standpoint," says Macquarie analyst Paul Grigel. “If you see prices retrench further, clearly the banks are going to have to re-evaluate."
Analysts say companies that focus on natural gas, where prices have fallen faster, as well as drillers without a major presence in the lucrative Permian Basin, could be more vulnerable to credit cuts.

Too much debt in this sector... Short it.

60 puts for Jan 20 2017... link back...