Keys To This Week

Chart 8 of 13 from today's Keys To this Week report shows that ETF sector bet-related assets are leaving Energy for other sectors.

This metric (our own metric) was a key factor in closing out our March 3rd overweight in Energy during July to capture 6% of relative sector outperformance in about 4 months.

Bigger picture, though, our more intermediate term metrics suggest that another opportunity to overweight Energy is likely to emerge between now and year end.