The host emphasizes the energy sector broke out after 3 years of consolidation, is the strongest sector this year, and is just getting started with much more upside.

XLE completed a three-month bull move and has gone sideways for two to three months because it needs time to refuel; aggressive trading is unwarranted.

XLE mirrored gold's pre-bull pattern: three years of sideways energy-building followed by this year's breakout, making energy the new leading bull market.

The host says XLE is in a massive bull market and is much higher than oil, and repeatedly warns not to compare or bundle the two markets; he does not state a forward direction for XLE.