THIS IS NOT A TRADE ALERT OR A BUY RECOMMENDATION.
Treasury Secretary Steve Mnuchin said this: (Reuters) - The Trump administration is considering taking stakes in U.S. energy companies as one possible option as it seeks to help the nation’s oil and gas sector.
>>>> I said publicly that this would happen weeks ago.
A play here would be ticker XLE, Energy Select Sector SPDR Fund.
Just a heads up.. GM
Been bottom feeding off 2x Energy Bull ETF "ERX" for a couple weeks and have done extremely well. It's dangerously volatile and isn't meant for a long term hold.
You are spot on, as always!