Models Turning To The Buy Side for Energy ETFs

Compared to the calls from past weeks, the models are getting more bullish. Still, it's about 50-50 between bull-bear signals; even the cash-stock differentials are substantial both ways. I'll remain on the sidelines to wait for a more specific call

 

Monte Carlo				Qlearning
XOP SPDR Oil & Gas	to cash	to stocks		XOP SPDR Oil & Gas	to cash	to stocks
was cash:	15.5%	0%		was cash:	59%	41%
was stocks:	0%	84.5%		was stocks:	0%	0%
	15.5%	84.5%	bullish		59%	41%	bearish
XLE Energy Select Sector	to cash	to stocks		XLE Energy Select Sector	to cash	to stocks
was cash:	33.4%	16.7%		was cash:	69.4%	30.6%
was stocks:	0%	49.9%		was stocks:	0%	0%
	33.4%	66.6%	bullish		69.4%	30.6%	bearish
OIH VanEck Vect. Oil Svcs.	to cash	to stocks		OIH VanEck Vect. Oil Svcs.	to cash	to stocks
was cash:	34.5%	0%		was cash:	75.9%	16.2%
was stocks:	0%	65.5%		was stocks:	7.9%	0%
	34.5%	65.5%	bullish		83.8%	16.2%	bearish
XES SPDR Oil & Gas En&Svcs	to cash	to stocks		XES SPDR Oil & Gas En&Svcs	to cash	to stocks
was cash:	35.3%	0%		was cash:	33.2%	47.2%
was stocks:	19.1%	45.6%		was stocks:	9%	10.6%
	54.4%	45.6%	bearish		42.2%	57.8%	bullish
IYE iShares U.S. Energy	to cash	to stocks		IYE iShares U.S. Energy	to cash	to stocks
was cash:	15.4%	0%		was cash:	100%	0%
was stocks:	0%	84.6%		was stocks:	0%	0%
	15.4%	84.6%	bullish		100%	0%	bearish
FXN First Trust Energy	to cash	to stocks		FXN First Trust Energy	to cash	to stocks
was cash:	32.9%	13.3%		was cash:	58.5%	34.2%
was stocks:	0%	53.7%		was stocks:	7.3%	0%
	32.9%	67.1%	bullish		65.8%	34.2%	bearish
IXC iShares Global Energy	to cash	to stocks		IXC iShares Global Energy	to cash	to stocks
was cash:	49.8%	0%		was cash:	85.1%	14.9%
was stocks:	0%	50.2%		was stocks:	0%	0%
	49.8%	50.2%	bullish		85.1%	14.9%	bearish
VDE Vanguard Energy	to cash	to stocks		VDE Vanguard Energy	to cash	to stocks
was cash:	15.5%	0%		was cash:	100%	0%
was stocks:	0%	84.5%		was stocks:	0%	0%
	15.5%	84.5%	bullish		100%	0%	bearish
FENY Fid. MSCI Energy	to cash	to stocks		FENY Fid. MSCI Energy	to cash	to stocks
was cash:	15.8%	0%		was cash:	100%	0%
was stocks:	0%	84.2%		was stocks:	0%	0%
	15.8%	84.2%	bullish		100%	0%	bearish
FCG First Trust Natural Gas	to cash	to stocks		FCG First Trust Natural Gas	to cash	to stocks
was cash:	15.9%	0%		was cash:	78%	17.5%
was stocks:	0%	84.1%		was stocks:	4.5%	0%
	15.9%	84.1%	bullish		82.5%	17.5%	bearish

 

I Continue To Avoid The Energy Sector

Both the Monte Carlo and QLearning models are saying avoid the Energy sector.  My newsletter The Short Term Trader says the energy sector does not have good numbers over the next 30 days.

Monte Carlo				Qlearning
XOP SPDR Oil & Gas	to cash	to stocks		XOP SPDR Oil & Gas	to cash	to stocks
was cash:	33.4%	0%		was cash:	12.7%	15.9%
was stocks:	26.9%	39.7%		was stocks:	56.4%	15%
	60.3%	39.7%	bearish		69.1%	30.9%	bearish
XLE Energy Select Sector	to cash	to stocks		XLE Energy Select Sector	to cash	to stocks
was cash:	50.8%	0%		was cash:	71.7%	13.2%
was stocks:	15.3%	33.9%		was stocks:	15.1%	0%
	66.1%	33.9%	bearish		86.8%	13.2%	bearish
OIH VanEck Vect. Oil Svcs.	to cash	to stocks		OIH VanEck Vect. Oil Svcs.	to cash	to stocks
was cash:	45.7%	13.5%		was cash:	44.8%	29.5%
was stocks:	0%	40.8%		was stocks:	9.8%	15.9%
	45.7%	54.3%	bullish		54.5%	45.5%	bearish
XES SPDR Oil & Gas En&Svcs	to cash	to stocks		XES SPDR Oil & Gas En&Svcs	to cash	to stocks
was cash:	34.3%	48.5%		was cash:	50.3%	11.7%
was stocks:	0%	17.2%		was stocks:	0%	38%
	34.3%	65.7%	bullish		50.3%	49.7%	bearish
IYE iShares U.S. Energy	to cash	to stocks		IYE iShares U.S. Energy	to cash	to stocks
was cash:	46.2%	31.8%		was cash:	49.9%	0%
was stocks:	0%	21.9%		was stocks:	50.1%	0%
	46.2%	53.8%	bullish		100%	0%	bearish
FXN First Trust Energy	to cash	to stocks		FXN First Trust Energy	to cash	to stocks
was cash:	29.3%	0%		was cash:	48%	0%
was stocks:	15.6%	55.1%		was stocks:	38.3%	13.7%
	44.9%	55.1%	bullish		86.3%	13.7%	bearish
IXC iShares Global Energy	to cash	to stocks		IXC iShares Global Energy	to cash	to stocks
was cash:	48.8%	0%		was cash:	65.9%	0%
was stocks:	18.7%	32.5%		was stocks:	17.6%	16.4%
	67.5%	32.5%	bearish		83.6%	16.4%	bearish
VDE Vanguard Energy	to cash	to stocks		VDE Vanguard Energy	to cash	to stocks
was cash:	31.3%	32.8%		was cash:	51.9%	11.9%
was stocks:	14.6%	21.3%		was stocks:	16.7%	19.5%
	45.9%	54.1%	bullish		68.6%	31.4%	bearish
FENY Fid. MSCI Energy	to cash	to stocks		FENY Fid. MSCI Energy	to cash	to stocks
was cash:	45.7%	18.2%		was cash:	30.8%	0%
was stocks:	14.4%	21.7%		was stocks:	34.1%	35.1%
	60.1%	39.9%	bearish		64.9%	35.1%	bearish
FCG First Trust Natural Gas	to cash	to stocks		FCG First Trust Natural Gas	to cash	to stocks
was cash:	45.9%	17.9%		was cash:	77.2%	0%
was stocks:	36.2%	0%		was stocks:	14.7%	8.1%
	82.1%	17.9%	bearish		91.9%	8.1%	bearish

Both Models Remain On The Sell Side

While there is some bullishness in the QLearning calls, generally both models say stay in cash.

Monte Carlo				Qlearning
XOP SPDR Oil & Gas	to cash	to stocks		XOP SPDR Oil & Gas	to cash	to stocks
was cash:	60.2%	16.8%		was cash:	0%	0%
was stocks:	23%	0%		was stocks:	70.6%	29.4%
	83.2%	16.8%	bearish		70.6%	29.4%	bearish
XLE Energy Select Sector	to cash	to stocks		XLE Energy Select Sector	to cash	to stocks
was cash:	83.6%	0%		was cash:	11.7%	0%
was stocks:	16.4%	0%		was stocks:	44.4%	43.9%
	100%	0%	bearish		56.1%	43.9%	bearish
OIH VanEck Vect. Oil Svcs.	to cash	to stocks		OIH VanEck Vect. Oil Svcs.	to cash	to stocks
was cash:	63.7%	0%		was cash:	26.8%	0%
was stocks:	0%	36.3%		was stocks:	8.4%	64.8%
	63.7%	36.3%	bearish		35.2%	64.8%	bullish
XES SPDR Oil & Gas En&Svcs	to cash	to stocks		XES SPDR Oil & Gas En&Svcs	to cash	to stocks
was cash:	33.4%	0%		was cash:	0%	0%
was stocks:	22.1%	44.5%		was stocks:	43.2%	56.8%
	55.5%	44.5%	bearish		43.2%	56.8%	bullish
IYE iShares U.S. Energy	to cash	to stocks		IYE iShares U.S. Energy	to cash	to stocks
was cash:	84.1%	0%		was cash:	0%	0%
was stocks:	0%	15.9%		was stocks:	11.3%	88.7%
	84.1%	15.9%	bearish		11.3%	88.7%	bullish
FXN First Trust Energy	to cash	to stocks		FXN First Trust Energy	to cash	to stocks
was cash:	63.3%	16.3%		was cash:	0%	0%
was stocks:	0%	20.4%		was stocks:	13.6%	86.4%
	63.3%	36.7%	bearish		13.6%	86.4%	bullish
IXC iShares Global Energy	to cash	to stocks		IXC iShares Global Energy	to cash	to stocks
was cash:	68%	32%		was cash:	0%	22.1%
was stocks:	0%	0%		was stocks:	15%	62.9%
	68%	32%	bearish		15%	85%	bullish
VDE Vanguard Energy	to cash	to stocks		VDE Vanguard Energy	to cash	to stocks
was cash:	68.3%	0%		was cash:	0%	10.9%
was stocks:	0%	31.7%		was stocks:	17.8%	71.3%
	68.3%	31.7%	bearish		17.8%	82.2%	bullish
FENY Fid. MSCI Energy	to cash	to stocks		FENY Fid. MSCI Energy	to cash	to stocks
was cash:	68.1%	0%		was cash:	0%	0%
was stocks:	0%	31.9%		was stocks:	48.3%	51.7%
	68.1%	31.9%	bearish		48.3%	51.7%	bullish
FCG First Trust Natural Gas	to cash	to stocks		FCG First Trust Natural Gas	to cash	to stocks
was cash:	47.5%	0%		was cash:	0%	0%
was stocks:	30.1%	22.5%		was stocks:	62.8%	37.2%
	77.5%	22.5%	bearish		62.8%	37.2%	bearish

 

I Am Avoiding US Energy ETFs.

Monte Carlo				Qlearning
XOP SPDR Oil & Gas	to cash	to stocks		XOP SPDR Oil & Gas	to cash	to stocks
was cash:	75%	0%		was cash:	18.5%	0%
was stocks:	0%	25%		was stocks:	65.1%	16.3%
	75%	25%	bearish		83.7%	16.3%	bearish
XLE Energy Select Sector	to cash	to stocks		XLE Energy Select Sector	to cash	to stocks
was cash:	76.8%	23.2%		was cash:	48.1%	0%
was stocks:	0%	0%		was stocks:	51.9%	0%
	76.8%	23.2%	bearish		100%	0%	bearish
OIH VanEck Vect. Oil Svcs.	to cash	to stocks		OIH VanEck Vect. Oil Svcs.	to cash	to stocks
was cash:	40.4%	11.7%		was cash:	0%	8%
was stocks:	0%	47.9%		was stocks:	28.9%	63.1%
	40.4%	59.6%	bullish		28.9%	71.1%	bullish
XES SPDR Oil & Gas En&Svcs	to cash	to stocks		XES SPDR Oil & Gas En&Svcs	to cash	to stocks
was cash:	77%	0%		was cash:	0%	7.8%
was stocks:	23%	0%		was stocks:	30.2%	62%
	100%	0%	bearish		30.2%	69.8%	bullish
IYE iShares U.S. Energy	to cash	to stocks		IYE iShares U.S. Energy	to cash	to stocks
was cash:	81.8%	0%		was cash:	18%	0%
was stocks:	0%	18.2%		was stocks:	43.4%	38.5%
	81.8%	18.2%	bearish		61.5%	38.5%	bearish
FXN First Trust Energy	to cash	to stocks		FXN First Trust Energy	to cash	to stocks
was cash:	100%	0%		was cash:	63%	0%
was stocks:	0%	0%		was stocks:	19%	18%
	100%	0%	bearish		82%	18%	bearish
IXC iShares Global Energy	to cash	to stocks		IXC iShares Global Energy	to cash	to stocks
was cash:	71.7%	28.3%		was cash:	37.3%	12.6%
was stocks:	0%	0%		was stocks:	50.1%	0%
	71.7%	28.3%	bearish		87.4%	12.6%	bearish
VDE Vanguard Energy	to cash	to stocks		VDE Vanguard Energy	to cash	to stocks
was cash:	83.6%	0%		was cash:	19.8%	0%
was stocks:	0%	16.4%		was stocks:	44.6%	35.6%
	83.6%	16.4%	bearish		64.4%	35.6%	bearish
FENY Fid. MSCI Energy	to cash	to stocks		FENY Fid. MSCI Energy	to cash	to stocks
was cash:	84.1%	0%		was cash:	8.9%	0%
was stocks:	0%	15.9%		was stocks:	41.5%	49.6%
	84.1%	15.9%	bearish		50.4%	49.6%	bearish
FCG First Trust Natural Gas	to cash	to stocks		FCG First Trust Natural Gas	to cash	to stocks
was cash:	51.1%	14.4%		was cash:	37.5%	0%
was stocks:	18%	16.5%		was stocks:	54.2%	8.3%
	69%	31%	bearish		91.7%	8.3%	bearish

I am Not Expecting Much Change In Energy.

The models disagree with each other, and the differential between cash/stock is high in both.

Monte Carlo				Qlearning
XOP SPDR Oil & Gas	to cash	to stocks		XOP SPDR Oil & Gas	to cash	to stocks
was cash:	21.8%	0%		was cash:	66.2%	0%
was stocks:	22.7%	55.4%		was stocks:	33.8%	0%
	44.6%	55.4%	bullish		100%	0%	bearish
XLE Energy Select Sector	to cash	to stocks		XLE Energy Select Sector	to cash	to stocks
was cash:	36.7%	0%		was cash:	69.7%	12.9%
was stocks:	0%	63.3%		was stocks:	0%	17.4%
	36.7%	63.3%	bullish		69.7%	30.3%	bearish
OIH VanEck Vect. Oil Svcs.	to cash	to stocks		OIH VanEck Vect. Oil Svcs.	to cash	to stocks
was cash:	17.6%	0%		was cash:	88%	12%
was stocks:	0%	82.4%		was stocks:	0%	0%
	17.6%	82.4%	bullish		88%	12%	bearish
XES SPDR Oil & Gas En&Svcs	to cash	to stocks		XES SPDR Oil & Gas En&Svcs	to cash	to stocks
was cash:	40.5%	0%		was cash:	60.8%	12.4%
was stocks:	0%	59.5%		was stocks:	26.8%	0%
	40.5%	59.5%	bullish		87.6%	12.4%	bearish
IYE iShares U.S. Energy	to cash	to stocks		IYE iShares U.S. Energy	to cash	to stocks
was cash:	20.4%	0%		was cash:	86.3%	13.7%
was stocks:	0%	79.6%		was stocks:	0%	0%
	20.4%	79.6%	bullish		86.3%	13.7%	bearish
FXN First Trust Energy	to cash	to stocks		FXN First Trust Energy	to cash	to stocks
was cash:	38.1%	0%		was cash:	81%	0%
was stocks:	0%	61.9%		was stocks:	19%	0%
	38.1%	61.9%	bullish		100%	0%	bearish
IXC iShares Global Energy	to cash	to stocks		IXC iShares Global Energy	to cash	to stocks
was cash:	34.7%	0%		was cash:	71%	29%
was stocks:	0%	65.3%		was stocks:	0%	0%
	34.7%	65.3%	bullish		71%	29%	bearish
VDE Vanguard Energy	to cash	to stocks		VDE Vanguard Energy	to cash	to stocks
was cash:	21.3%	0%		was cash:	87.2%	12.8%
was stocks:	0%	78.7%		was stocks:	0%	0%
	21.3%	78.7%	bullish		87.2%	12.8%	bearish
FENY Fid. MSCI Energy	to cash	to stocks		FENY Fid. MSCI Energy	to cash	to stocks
was cash:	21%	0%		was cash:	39%	43.7%
was stocks:	0%	79%		was stocks:	0%	17.3%
	21%	79%	bullish		39%	61%	bullish
FCG First Trust Natural Gas	to cash	to stocks		FCG First Trust Natural Gas	to cash	to stocks
was cash:	35.3%	0%		was cash:	73.9%	0%
was stocks:	19.7%	45%		was stocks:	8.9%	17.2%
	55%	45%	bearish		82.8%	17.2%	bearish

Bearish On Energy

For the bullish calls - the differentials are marginal at best.

Monte Carlo				Qlearning
XOP SPDR Oil & Gas	to cash	to stocks		XOP SPDR Oil & Gas	to cash	to stocks
was cash:	42.2%	22.5%		was cash:	30.7%	0%
was stocks:	22.1%	13.2%		was stocks:	69.3%	0%
	64.3%	35.7%	bearish		100%	0%	bearish
XLE Energy Select Sector	to cash	to stocks		XLE Energy Select Sector	to cash	to stocks
was cash:	48.1%	0%		was cash:	60.8%	39.2%
was stocks:	0%	51.9%		was stocks:	0%	0%
	48.1%	51.9%	bullish		60.8%	39.2%	bearish
OIH VanEck Vect. Oil Svcs.	to cash	to stocks		OIH VanEck Vect. Oil Svcs.	to cash	to stocks
was cash:	21.9%	21%		was cash:	83.7%	0%
was stocks:	17.1%	40.1%		was stocks:	16.3%	0%
	39%	61%	bullish		100%	0%	bearish
XES SPDR Oil & Gas En&Svcs	to cash	to stocks		XES SPDR Oil & Gas En&Svcs	to cash	to stocks
was cash:	75.8%	12.4%		was cash:	33%	21.2%
was stocks:	0%	11.8%		was stocks:	45.7%	0%
	75.8%	24.2%	bearish		78.8%	21.2%	bearish
IYE iShares U.S. Energy	to cash	to stocks		IYE iShares U.S. Energy	to cash	to stocks
was cash:	37.1%	0%		was cash:	53.1%	23.1%
was stocks:	0%	62.9%		was stocks:	0%	23.8%
	37.1%	62.9%	bullish		53.1%	46.9%	bearish
FXN First Trust Energy	to cash	to stocks		FXN First Trust Energy	to cash	to stocks
was cash:	68.8%	31.2%		was cash:	47.7%	16.8%
was stocks:	0%	0%		was stocks:	35.6%	0%
	68.8%	31.2%	bearish		83.2%	16.8%	bearish
IXC iShares Global Energy	to cash	to stocks		IXC iShares Global Energy	to cash	to stocks
was cash:	66.9%	0%		was cash:	71.2%	9.5%
was stocks:	0%	33.1%		was stocks:	19.3%	0%
	66.9%	33.1%	bearish		90.5%	9.5%	bearish
VDE Vanguard Energy	to cash	to stocks		VDE Vanguard Energy	to cash	to stocks
was cash:	52.8%	0%		was cash:	57.6%	0%
was stocks:	0%	47.2%		was stocks:	0%	42.4%
	52.8%	47.2%	bearish		57.6%	42.4%	bearish
FENY Fid. MSCI Energy	to cash	to stocks		FENY Fid. MSCI Energy	to cash	to stocks
was cash:	53%	0%		was cash:	29.2%	25.2%
was stocks:	0%	47%		was stocks:	23.6%	22%
	53%	47%	bearish		52.8%	47.2%	bearish
FCG First Trust Natural Gas	to cash	to stocks		FCG First Trust Natural Gas	to cash	to stocks
was cash:	36.4%	0%		was cash:	37.8%	15.7%
was stocks:	16.9%	46.7%		was stocks:	37.2%	9.2%
	53.3%	46.7%	bearish		75%	25%	bearish

The 30 trading day outlook has some recovery towards the end of the period.

$XOP

$IXC

A Lot More Bear Calls For Energy

Monte Carlo				Qlearning
XOP SPDR Oil & Gas	to cash	to stocks		XOP SPDR Oil & Gas	to cash	to stocks
was cash:	41.5%	24.3%		was cash:	100%	0%
was stocks:	21.7%	12.4%		was stocks:	0%	0%
	63.2%	36.8%	bearish		100%	0%	bearish
XLE Energy Select Sector	to cash	to stocks		XLE Energy Select Sector	to cash	to stocks
was cash:	11.4%	0%		was cash:	63.9%	0%
was stocks:	26.6%	62%		was stocks:	36.1%	0%
	38%	62%	bullish		100%	0%	bearish
OIH VanEck Vect. Oil Svcs.	to cash	to stocks		OIH VanEck Vect. Oil Svcs.	to cash	to stocks
was cash:	40%	0%		was cash:	65.2%	0%
was stocks:	32.1%	27.9%		was stocks:	20.1%	14.7%
	72.1%	27.9%	bearish		85.3%	14.7%	bearish
XES SPDR Oil & Gas En&Svcs	to cash	to stocks		XES SPDR Oil & Gas En&Svcs	to cash	to stocks
was cash:	25.9%	23%		was cash:	53.4%	0%
was stocks:	51.2%	0%		was stocks:	25%	21.6%
	77%	23%	bearish		78.4%	21.6%	bearish
IYE iShares U.S. Energy	to cash	to stocks		IYE iShares U.S. Energy	to cash	to stocks
was cash:	27.7%	12.8%		was cash:	22.2%	8.8%
was stocks:	0%	59.5%		was stocks:	33.8%	35.2%
	27.7%	72.3%	bullish		56%	44%	bearish
FXN First Trust Energy	to cash	to stocks		FXN First Trust Energy	to cash	to stocks
was cash:	80.8%	0%		was cash:	51.5%	12.7%
was stocks:	19.2%	0%		was stocks:	35.8%	0%
	100%	0%	bearish		87.3%	12.7%	bearish
IXC iShares Global Energy	to cash	to stocks		IXC iShares Global Energy	to cash	to stocks
was cash:	0%	0%		was cash:	47.2%	0%
was stocks:	32.6%	67.4%		was stocks:	36%	16.7%
	32.6%	67.4%	bullish		83.3%	16.7%	bearish
VDE Vanguard Energy	to cash	to stocks		VDE Vanguard Energy	to cash	to stocks
was cash:	29.8%	0%		was cash:	48.4%	0%
was stocks:	0%	70.2%		was stocks:	31.1%	20.5%
	29.8%	70.2%	bullish		79.5%	20.5%	bearish
FENY Fid. MSCI Energy	to cash	to stocks		FENY Fid. MSCI Energy	to cash	to stocks
was cash:	43.5%	0%		was cash:	54.4%	0%
was stocks:	0%	56.5%		was stocks:	21.9%	23.7%
	43.5%	56.5%	bullish		76.3%	23.7%	bearish
FCG First Trust Natural Gas	to cash	to stocks		FCG First Trust Natural Gas	to cash	to stocks
was cash:	13%	54.7%		was cash:	36%	14%
was stocks:	0%	32.3%		was stocks:	41%	9.1%
	13%	87%	bullish		77%	23%	bearish

From my 30 day out-look some confirmation has Energy with oranges and yellows for the next two weeks.  Reds, oranges and yellows indicate selling situations.

You can get a copy of this report from http://mcverryreport.com follow the links to download The Short Term Trader Report.

18 Out Of 20 Energy Related Models are Bullish, Service Related Showing Sell Signs

$XOP 30 Days Outlook

$OIH  30 Day Outlook

Monte Carlo				Qlearning
XOP SPDR Oil & Gas	to cash	to stocks		XOP SPDR Oil & Gas	to cash	to stocks
was cash:	11.4%	20.1%		was cash:	0%	26.2%
was stocks:	30.9%	37.6%		was stocks:	18.4%	55.4%
	42.3%	57.7%	bullish		18.4%	81.6%	bullish
XLE Energy Select Sector	to cash	to stocks		XLE Energy Select Sector	to cash	to stocks
was cash:	28.4%	16.5%		was cash:	0%	34.3%
was stocks:	12.5%	42.6%		was stocks:	16.2%	49.5%
	40.9%	59.1%	bullish		16.2%	83.8%	bullish
OIH VanEck Vect. Oil Svcs.	to cash	to stocks		OIH VanEck Vect. Oil Svcs.	to cash	to stocks
was cash:	39.2%	0%		was cash:	0%	6.2%
was stocks:	0%	60.8%		was stocks:	44.9%	48.9%
	39.2%	60.8%	bullish		44.9%	55.1%	bullish
XES SPDR Oil & Gas En&Svcs	to cash	to stocks		XES SPDR Oil & Gas En&Svcs	to cash	to stocks
was cash:	55.5%	31.4%		was cash:	0%	0%
was stocks:	0%	13.1%		was stocks:	30.8%	69.2%
	55.5%	44.5%	bearish		30.8%	69.2%	bullish
IYE iShares U.S. Energy	to cash	to stocks		IYE iShares U.S. Energy	to cash	to stocks
was cash:	17.4%	17%		was cash:	10%	36%
was stocks:	14.5%	51.1%		was stocks:	36.7%	17.4%
	31.9%	68.1%	bullish		46.7%	53.3%	bullish
FXN First Trust Energy	to cash	to stocks		FXN First Trust Energy	to cash	to stocks
was cash:	38.3%	12.3%		was cash:	9.5%	39%
was stocks:	0%	49.4%		was stocks:	18.7%	32.8%
	38.3%	61.7%	bullish		28.2%	71.8%	bullish
IXC iShares Global Energy	to cash	to stocks		IXC iShares Global Energy	to cash	to stocks
was cash:	54%	32.2%		was cash:	0%	46.7%
was stocks:	13.8%	0%		was stocks:	34.1%	19.3%
	67.8%	32.2%	bearish		34.1%	65.9%	bullish
VDE Vanguard Energy	to cash	to stocks		VDE Vanguard Energy	to cash	to stocks
was cash:	30.4%	33.3%		was cash:	9.9%	21.9%
was stocks:	0%	36.3%		was stocks:	13.6%	54.6%
	30.4%	69.6%	bullish		23.5%	76.5%	bullish
FENY Fid. MSCI Energy	to cash	to stocks		FENY Fid. MSCI Energy	to cash	to stocks
was cash:	31.1%	32%		was cash:	0%	16.6%
was stocks:	0%	36.9%		was stocks:	26.9%	56.5%
	31.1%	68.9%	bullish		26.9%	73.1%	bullish
FCG First Trust Natural Gas	to cash	to stocks		FCG First Trust Natural Gas	to cash	to stocks
was cash:	30.3%	19.4%		was cash:	21.3%	17.4%
was stocks:	18.9%	31.4%		was stocks:	41.5%	19.8%
	49.2%	50.8%	bullish		62.9%	37.1%	bearish