Wednesday, June 17, 2020

Bearish On Energy


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


Monte CarloQlearning
XOP
SPDR Oil & Gas
to cashto stocks
XOP
SPDR Oil & Gas
to cashto 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%bearish100%0%bearish
XLE
Energy Select Sector
to cashto stocks
XLE
Energy Select Sector
to cashto 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%bullish60.8%39.2%bearish
OIH
VanEck Vect. Oil Svcs.
to cashto stocks
OIH
VanEck Vect. Oil Svcs.
to cashto stocks
was cash:21.9%21%
was cash:83.7%0%
was stocks:17.1%40.1%
was stocks:16.3%0%
39%61%bullish100%0%bearish
XES
SPDR Oil & Gas En&Svcs
to cashto stocks
XES
SPDR Oil & Gas En&Svcs
to cashto 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%bearish78.8%21.2%bearish
IYE
iShares U.S. Energy
to cashto stocks
IYE
iShares U.S. Energy
to cashto 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%bullish53.1%46.9%bearish
FXN
First Trust Energy
to cashto stocks
FXN
First Trust Energy
to cashto 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%bearish83.2%16.8%bearish
IXC
iShares Global Energy
to cashto stocks
IXC
iShares Global Energy
to cashto 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%bearish90.5%9.5%bearish
VDE
Vanguard Energy
to cashto stocks
VDE
Vanguard Energy
to cashto 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%bearish57.6%42.4%bearish
FENY
Fid. MSCI Energy
to cashto stocks
FENY
Fid. MSCI Energy
to cashto stocks
was cash:53%0%
was cash:29.2%25.2%
was stocks:0%47%
was stocks:23.6%22%
53%47%bearish52.8%47.2%bearish
FCG
First Trust Natural Gas
to cashto stocks
FCG
First Trust Natural Gas
to cashto 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%bearish75%25%bearish


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

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