Energy ETF ( XLE ) Continues To Sizzle!

With crude oil prices stubbornly holding above $40 per barrel one of the hottest etf sectors is energy. As you look at the XLE top 10 holdings, you see a mixture of Big Oil and Oil Services companies that will continue to benefit from sustained high prices.

EXXON MOBIL CP XOM 20.89% ( Now rivals GE for the largest market cap )
CHEVRONTEXACO CP CVX 14.33%
CONOCOPHILLIPS COP 8.18%
OCCIDENTAL PET OXY 3.87%
SCHLUMBERGER LTD SLB 3.68%
DEVON ENERGY CP (OK) DVN 3.46%
BURLINGTON RESOURCES BR 3.2%
HALLIBURTON HLDG CO HAL 3.19%
APACHE CP APA 2.97%
ANADARKO PETROLEUM APC 2.94%


A quick look at the short term chart shows a continuous march into 52 week and all time highs for XLE