Added to YB: 2026-03-04
Pitch date: 2026-03-02
XLE [bearish]
The Select Sector SPDR Trust - State Street Energy Select Sector SPDR ETF
+0.76%
current return
Author Info
No bio for this author
Company Info
The Select Sector SPDR Trust - State Street Energy Select Sector SPDR ETF is an exchange traded fund launched by State Street Global Advisors, Inc.
Market Cap
$38.0B
Pitch Price
$57.01
Price Target
N/A
Dividend
2.58%
EV/EBITDA
N/A
P/E
27.25
EV/Sales
37.66
Sector
Capital Markets
Category
N/A
The Last Barrel Bid: Why I Want to Short $XLE Into the Iran War Gap
XLE (short): Energy ETF up 25% YTD w/ RSI>72 after Iran strikes sent Brent +10%. Thesis: war premium already priced; high short interest fueled parabolic move creating squeeze exhaustion. IEA has 74 days supply buffer, OPEC+ adding only 206k bpd April. Inflation panic overblown vs event duration. Fade the gap higher as crowded positioning/narrative peaks post-Hormuz fears.
Read full article (3 min)