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Energy comeback: from worst to first

The Market Ear Picture

From worst to first

Energy rebounded strongly from last week's sell-off to reclaim the 'best performing sector' distinction by a fairly wide margin, as the S&P 500 gained another +1.8%. Oil and nat gas both rallied sharply - WTI: +7.6% / Brent: +11.1% / Henry Hub: +14.0%... which allowed the sector to extend its steady streak of YTD outperformance, settling back into the pre-Ukraine upward trend channel&