AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
XLE

And this is a year to date look at the 11 S&P 500 sectors. What stands out is energy is the only one in the green. We saw an interesting call volume for Jan 23 Strike 95 $ and also from the chart it looks like a breakout soon. So you can already try to trade the breakout before it goes above 95 $ or you wait and put a stop at 95 $ with a tide profit target around 101 $. We see good chances that we will see the 100 $ in the ETF already this year.

The ETF is also a good for generating dividend income. At the moment you get 3.91% per year.

Stop Buy: 95 $
Stop Loss: 88 $
Profit Target: 101 $

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