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Too Far, Too Fast? You Decide

Tyler Durden's picture




 

Amid just another morning melt-up in stocks and crude, we thought the following chart might help some with their investment decision-making process...

 

Crude is surging...

 

Which has led to Energy sector valuations only seen during the dotcom bubble... at 31.5x fwd earnings.

 

Seems like the time to buy!!??

 

Charts: Bloomberg

 

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