From Jeff Clark in Growth Stock Wire:

The oil rally is solid.

The price of a barrel of West Texas Crude is up 100% since its bottom last December. By the look of the following chart [available in the link], there are more gains to come...

The chart has broken above resistance at $55, and there should be enough momentum to take it all the way to $70. So if you're long oil, then stay long.

But if you're thinking about buying oil stocks now, you better think again. The single best oil stock timing indicator is flashing a warning sign...

Read full article...

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