Gas, Gold Stocks Breaking Out
As fuel prices continue to rocket, travel stocks are selling off. Meanwhile, travel booking and hotel stocks were also among Monday's worst performers. U.S. Global Jets $U.S. Global Jets ETF(JETS.US$ an ETF that tracks airline stocks, fell nearly 9%.
Gold miners and oil stocks led the upside among the industry groups. These industry groups continue to provide a fair amount of breakouts for investors looking to stay active in the market. But the stock market remains in a correction, and many other breakouts have faded. Investors should note the additional risk before making new buys. $Gold(BK2110.US$ $Camber Energy(CEI.US$ $National Fuel Gas(NFG.US$ $CSX Corp(CSX.US$ $W&T Offshore(WTI.US$
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