ERX vs USO and a Stock Picker's Market

ERX or just Energy vs USO is another great example of the "stock picking" environment since QE3 was announced, I leaned toward Energy as a sector over oil and today we are seeing Energy as a sector performing much better than oil.

I didn't close out all of ERX for exactly this reason, it's moved higher and is trying to pull itself together in underlying trade, whereas USO is not looking so hot.

Just a few example charts...

 ERX 15 min positive

 USO 15 min negative

 ERX 5 min positive and trying to pull itself together to get 3C caught up to price.

USO doing the opposite.

If there's this much difference just between oil and Energy, imagine the difference between other sectors and different kinds of stocks (momentum vs growth, etc.)

This may very well be where 3C gives us a HUGE ADVANTAGE, it did just between these two assets that are so closely related.