What John Howell said in this video:
- XLEbullishlong-termThe host has called gold down / XLE up all year; after three years of sideways energy-building, XLE has broken out into a new multi-year bull phase.Source
- GLDbearishlong-termThe host argues gold's two-year bull run has exhausted its energy and a 1–2 year time phase with a typical 50% correction is underway, expecting GLD around 300.Source
- GLDbullishlong-termDespite the near-term correction, the host is long-term bullish, seeing gold reaching 10,000+ over the next ten years once energy is rebuilt.Source
- USObullishlong-termThe host predicted a big USO move at the start of the year based on four years of sideways energy-building, and sees the breakout as that pattern playing out.Source
- CVXbullishmid-termCVX ran from around 150 to 210, then pulled back; the host views the pullback as energy-building and says it is now getting ready to go again.Source
- XOMbullishlong-termThe host uses XOM as a textbook example of three years of sideways energy-building resolving into a bull move, implying the energy uptrend continues.Source
- SPYbearishmid-termThe host sees the S&P 500's long energy-using phase exhausting; the recent breakout is failing and reversing, setting up a correction.Source