From the Desk of Ian Culley @IanCulley
Investors hate commodities – especially energy.
I don’t blame them.
Most energy stocks and commodities have failed to provide the best opportunities for the average market participant.
In fact, they’ve been an absolute dumpster fire compared to high-flying tech names for almost a decade.
But everything changed following the 2020 sell-off.
Commodities flipped the script, outperforming bonds and stocks. Long-forgotten energy names worked their way back in the conversation as the energy sector taught a masterclass in relative strength.
This story isn’t finished – not yet!
One glance at the market’s year-to-date performance reveals an explosive tech rally that’s managed to erase the past two years from our collective memory.
That’s why I think it’s more important than ever to reiterate why I still like commodities in the back half of the year, specifically energy.
Here are five charts to prove my point…