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NRGO - And Then It Was Energy's Turn

  • The Energy sector bounced along with the overall market on Tuesday, but last week, it was that sector’s turn to get taken to the woodshed.
  • Last week marked just the sixth period in the last 30+ years that the Energy sector underperformed the S&P 500 by more than ten percentage points in a five-trading day span.
  • Since 2020, the range of out/underperformance for the sector relative to the S&P 500 has widened out to an unprecedented range.

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And Then It Was Energy's Turn
Stock Information

Company Name: Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E NRGO
Stock Symbol: NRGO
Market: NASDAQ

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