Friday, July 25, 2008

Energy Sector Declines

The recent downturn in oil has left the S&P 500 Energy sector down 7.5% year to date. Investors who have built up positions in Energy names throughout oil's runup this year surely have a sour taste in their mouths this month. Since oil peaked on July 11th, the average S&P 1500 Energy stock is down 9.96%, while the S&P 1500 as a whole is up about 2%.

Energyoil

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Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.