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Since July, investors have begun to transfer funds to areas ...

Since July, investors have begun to transfer funds to areas that may benefit from rising inflation. The energy industry is the most popular and attracts the most funds. Morgan Stanley also said that it is optimistic about the energy sector in the fourth quarter.

Against the backdrop of inflation, energy stocks are extremely attractive.

In recent days, energy stocks in the US stock market have performed exceptionally well, supporting the rise of US stocks many times.

According to the Futu MooMoo market, the $Vanguard Energy Index Fund ETF(VDE.US)$ and $SPDR S&P Oil & Gas Exploration & Production ETF(XOP.US)$ have increased by more than 8% in four trading days, and have significantly outperformed the target since the beginning of this year.have exceeded $S&P 500 Index(.SPX.US)$ $Nasdaq Composite Index(.IXIC.US)$
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  • JPYY8888 : Hi, seems like MS made a right call.. energy has rallied.. however wondering if it has rallied too much.. there will always be a price when it turns unattractive.. currently RSI shows over-brought territory.. any views or comment?

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