Market Trend & Analysis - The market is on pace for record setters across the S&P 500, potentially exceeding 6,500 [1] - Market breath improved significantly after Jackson Hole, indicating a positive sign for the overall stock market [2][3] - Cyclicals versus defensives risk ratios have broken out to year-to-date highs, signaling a positive risk environment [5] Sector Rotation & Investment Opportunities - The analysis suggests avoiding defensive, low volatility names and focusing on cyclical areas [5] - Energy sector is highlighted as a potential breakout opportunity, being one of the worst-performing sectors year-to-date [5][6] - XLE ETF has an unfilled gap around $93, suggesting a near-term target for potential gains [6] Sentiment & Positioning - Large speculators have the smallest net long position in crude oil relative to open interest in about 15 years, indicating skewed sentiment [7] - Breakouts are starting to be seen in many energy charts, such as XLE and XOP [7][8]

Shifting gears over to energy, oil and nat gas, the raw commodities also subject to a lot of geopolitical policy shifts. So Paul, for investors looking to maintain energy exposure, you say infrastructure is a safer way to play it. >> I I I believe that wholeheartedly, and we're going to celebrate the 15-year anniversary of AMLP tomorrow with the closing bell at the New York Stock Exchange.That's the largest, most liquid MLP ETF, which plays in the energy infrastructure space. But we've seen investors start ...