Print the page
Increase font size
Oil Dominates 2022 ETF Gains

Posted August 03, 2022

Matt Insley

By Matt Insley

Oil Dominates 2022 ETF Gains

“I still think you can make money holding oil stocks this year,” says our retirement-and-income specialist Zach Scheidt.

While Wall Street’s consensus is that a looming recession will put a major damper on oil demand, Zach holds a contrarian perspective: “This creates an opportunity — especially when looking at the details of how these stocks trade.

“Many blue chip oil stocks are trading at prices that already account for a major pullback in oil prices,” he says. “In fact, one of the analysts I talked to… said these stocks are trading as if oil were priced at $65 per barrel.

“Many of these stocks are now at key support levels with plenty of room for a rebound.”

The cleanest way to play oil is an ETF, and Zach suggests the S&P Select Energy SPDR (XLE) — which is up around 30% year-to-date! 

And for more on the energy sector, and ETFs, read on… 

Send your opinions to, TheRundownFeedback@StPaulResearch.com

Your Rundown for Wednesday, August 3, 2022...

Best Performing ETFs (2022) 

Notice a pattern? TickerChart_540.png

Source: The Street

Eight of the top 10 best performers are energy/oil ETFs (and that’s up from seven in 2021). Plus, energy and commodity ETFs dominate the chart’s 20 remaining slots too. 

“It should be no surprise that energy and commodity ETFs are all over the 1st half top performer list,” The Street says. “In fact, all but three of the funds are related to energy or commodities in some way. 

“Some of the more targeted products focused on gas and oil performed best, but even generic broad index funds delivered huge returns.” Including XLE… 

So, even as green energy ETFs churn and burn, oil remains energy’s key driver. “Oil may be fading away,” says ETF.com, “but it will be a very slow fade.”

Market Rundown for Wednesday, Aug. 3, 2022

Yesterday’s modest gains for the S&P 500 have evaporated in pre-market trading (-0.67%). 

WTI Crude is up 1.45%. 

Gold resumed its recent upward trend, up 0.75% this morning. 

Bitcoin has jumped 1.44%. 

Send your comments and questions to, TheRundownFeedback@StPaulResearch.com

The Day China Kicked Out Starbucks

The Day China Kicked Out Starbucks

Posted August 05, 2022

By Matt Insley

This week’s series of events is a wake-up call for investors complacent about the US-China economic ties. Relations just got much worse, and quickly. So, today, we’ll check back on some American companies that have decided to bet their future on a friendly China…
The $1.25 Store (Surviving Inflation)

The $1.25 Store (Surviving Inflation)

Posted July 29, 2022

By Matt Insley

“Today's inflation is like jumping in the elevator and skipping higher by 20 floors,” says Zach Scheidt.“ Fortunately, there are some very good ways to beat inflation.”
Armageddon in China

Armageddon in China

Posted July 28, 2022

By Matt Insley

Escalating tensions in the Taiwan Strait increase the momentum to support U.S. companies.
Read My Lips: No Recession

Read My Lips: No Recession

Posted July 27, 2022

By Matt Insley

The Biden administration asked: “What is a recession?” And proceeded to discount its commonly held definition.
Big Tech Catches COVID

Big Tech Catches COVID

Posted July 26, 2022

By Matt Insley

For more than a decade, we were conditioned to see tech stocks head in one direction. The playbook has changed…
[UPDATE] Pelosi Portfolio

[UPDATE] Pelosi Portfolio

Posted July 25, 2022

By Matt Insley

“Chip stocks have been in a swoon since the beginning of the year,” Ray says. Regardless, he expects semiconductor stocks to bounce meaningfully.