Relative To Crude Oil, Energy Stocks Most Undervalued Since 2008
By Sumit Roy , http://www.hardassetsinvestor.com
March 30th, 2012
Though momentum may keep energy stocks falling a bit further, the sector looks poised to eventually snap back hard.
After weeks of steady gains, stock markets finally saw some notable selling pressure over the past few sessions. The S&P 500 dropped from four-year highs near 1419 to 1391. Is this the start of the seasonal spring correction or just a speed bump before the rally resumes?
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