Wall Street Week Ahead: A burst of energy with Exxon, Chevron on tap

     Since late Februrary, it seems as though investors have fallen out of love with biotechnologies and other high flying stocks. The oil industry is what really seems to be fueling the market. Since the 25th of February Energy names have been the best-performing sectors of the S&P 500. They hope to continue to build on these recent gains. These sectors alone have attract large inflows 9 out of the past 10 weeks. They also have begun to average 488.9 million dollars weekly over the last 4 weeks. This is the largest inflow these sectors have seen since 2011. On a total return basis the energy market is up more than 7%. This can be compared to the1.8% loss the healthcare sector has seen, making it the worst performing sector in the period. The oil companies are not only making money for themselves but they are also paying it out to the shareholders. Both Exxon and Chevron are ranked among the top 10 dividend payers in terms of absolute dollars. This should continue to attract new investors.


http://finance.yahoo.com/news/wall-street-week-ahead-burst-222954993.html