Jeff Weniger Says Energy Usually Wins in the Year After the First Hike

Jeff Weniger, Chief Investment Strategist at Corgi Investment, joins the Risk and Reward desk with a piece of history most traders forget. In the roughly 12 months after a Fed chair starts hiking, energy tends to outperform the S&P, and it is counterintuitive: the trades that were on do not stop the day of the first hike. It takes several hikes before anything cracks, and the crack is usually the oil price. The first hike of this cycle landed about two weeks ago. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 The bond selloff was orderly 00:50 Narrowing breadth in the 500 01:50 Yields and sector rotation 02:44 Energy wins after the first hike 03:47 REITs and utilities get wrecked 04:17 When utilities traded like tech 05:30 A wishy washy, rotating tape 06:40 The AI narrative flip 08:00 CapEx meets a 5% long bond 09:40 The risk to the Mag Seven #tastylive #riskandreward #jeffweniger #sectorrotation #energystocks #fedratehike #marketbreadth #reits #optionstrading #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.