[CNBC Television] Energy is the worst-performing sector this year, but a breakout’s brewing

🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: Carter Worth, Cornerstone Macro, sees an energy sector breakout next year. With CNBC’s Scott Wapner and the Fast Money traders, Tim Seymour, Joe LaVorgna, Christian Fromhertz and Guy Adami. Energy has been the worst-performing S&P 500 sector in 2019, with over half of the stocks in the Energy Select Sector SPDR Fund (XLE) now more than 20% off their highs and technically in bear market territory. The XLE — which caught a bid Thursday as crude oil prices surged to a two-month high — is up just over 5% year to date versus the S&P’s 24% gain. Some strategists are steering clear of the group, while others see the pain as a low-cost opportunity. Craig Johnson, senior technical research analyst and managing director at Piper Jaffray, said Thursday he had “no question” that now was the time to do a “bottom-fishing exercise.” “Talking to all these institutional accounts, they do not like energy. They don’t want to touch energy. They’ve been burnt in energy for so long. And fundamentally, they’re going to point out all the problems with it,” Johnson said on CNBC’s “Trading Nation.” “But, as a guy that likes to look at charts, these stocks tend to lead the market six to nine months ahead of time.” For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBC TV