FTXN - Energy Stock Correction Is Ending Don't Lose Sight Of Where We Are Going

April, 26 2021 05:01 PM First Trust Nasdaq Oil & Gas ETF

Important to focus on where we are going.
Energy stock correction is ending. Look to allocate into your favorite names now.
With Israel returning back to normal with ~57% of its population fully vaccinated, the rest of the world is looking towards a return to normal.
The US is not far behind with ~40% of its population receiving at least one dose.
As for oil prices, as demand recovers and supplies constrained, WTI and Brent will average above $67.50 and $70/bbl, respectively in H2 2021. This will further support the case of owning energy stocks as we continue to believe the energy sector to be the best performing sector in 2021.

For further details see:

Company Name:	First Trust Nasdaq Oil & Gas ETF
Stock Symbol:	FTXN
Market:	NASDAQ