The Energy Markets Come out of a Deep Freeze to rally while defensive sectors are out of favor
Chris joins Jim Goddard from HoweStreet.com to discuss the current energy markets, where people are chasing the upside in oil exploration companies and others but are now hitting price resistance. Jim and Chris also talk about the US$ and Bonds and observe the defensive sectors don’t seem to be in favor with traders and investors right now. Chris warns that these markets, while still technically bullish, present some real signs of excess and extremes, which calls for traders and investors to ensure they are employing strong risk management practices to protect from a sudden correction. Listen to the interview to find out more about these topics and more.