Yeah right...I would think the transports and auto/consumer sectors would be at lofty heights; it's because of "LOW ENERGY PRICES" maybe??...duhh, HELLO!!
And it's currently a staggering 52M record SI and climbing. Somethings up guys...somethings really really smells here.
Well maybe the decline in oil has ended, however then what? Goes higher? Maybe, maybe not...if so, how high? Cos like XCO, SD, and GDP cannot survive with oil under $70/brl. They're just too debt leveraged at higher oil/NG prices and therein lies the problem with these smaller integrated energy plays.
GPRO will be next AAPL. Starting off with just a simple product (v cameras) then morphing into things unmanageable.Watch and learn!!