Jim Farrish, founder of Money Strategies, is a leading expert on sector investing; his approach combines technical and fundamental analysis within the framework of investor psychology.
In the latest from his SectorExchange.com, he says, "This week's spotlight is the energy sector with a focus on the current trend, what the outlook is and what strategy to take looking forward." Here's his latest, along with some ETFs to play this trend.
"Over the last six weeks, the financial media has warned that 'consumption will decline as a result of the US recession.' But so far we have not seen any slowdown in consumption and may not based on recent studies.
"In fact, we have seen China and India absorb any lack of consumption by the US. The key here is not so much who is right and who is wrong, but how you manage your own positions within the energy sector.
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