Monday, June 3, 2013

UPDATE: Energy Stocks vs. Commodity

Regarding Friday's blog entry where I discussed energy equities versus the respective commodity, I used WTI to represent crude oil. I did receive more than a few emails advising that I should instead use Brent, in so doing the chart could look different. Agreed and I went ahead and updated the chart swapping out WTI for Brent.

Source: Stockcharts.com

Looks very similar to my WTI vs. RYE chart. My prior comments stand.

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