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Thanks Pascal. I had not considered that before and will keep that in mind when looking at the energy sector.
I did see that the shale oil sector and oil sands sectors issued buy signals last week - in conjunction with the whole energy sector. This leads me to believe that a short-term bottom for oil prices may be at hand since their unconventional methods require higher prices to breakeven. If I am not mistaken, that price is somewhere in the 70's or low 80's, depending on each producer.
I have not had enough time to put together a meaningful review for the weekend. I hope to gather my thoughts on my days off this week.
Best,
Eric
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