What John Howell said in this video:
- USObullishshort-termThe host sees oil making repeated higher lows in a strong uptrend and expects a breakout above the recent high and another big move up.Source
- CVXbullishlong-termThe host lumps CVX in with XOM as a name he flagged late last year for another two years of upside.Source
- XOMbullishlong-termThe host recalls flagging XOM late last year as having another two years of upside.Source
- XLEbullishmid-termThe host calls XLE the strongest sector, up almost 60% this year while everything else is crushed, and says he and his group have been benefiting all year.Source
- XLEneutralshort-termDespite his bullishness, the host would not enter XLE now, since you don't buy something that has already made a big move.Source
- Othernegative for stocksmid-termThe host views metals and miners as dead in the water and unlikely to go anywhere, which is why he shifted focus to energy.Source
- Othernegative for stocksshort-termThe host says gold is about to break to another new low, down 30% this year, and those still chasing the gold bull market are getting hurt.Source
- Othernegative for stocksshort-termThe host briefly notes silver is also about to make a new low, in a downtrend alongside gold.Source