XLE Energy ETF Daily Chart; Bear Market

The XLE, energy stocks, topped out at 78.36 on 10/9/18. A -20% drop is a bear market which is the 62.69 level. The XLE is in a bear market. Humorously, the Wall Street pundits told investors to buy banks and energy stocks with both hands this time last year. Folks lost their shirt. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.