XLE has broken out above its 2013 high with strong YTD returns; despite being extended and facing potential pullbacks, the long-term view is to buy energy on dips.

so since that time, the XLE, which is the energy ETF, is up 7 and a half%. Uh, almost well basically triple what the market has done over that period of time. But how many people, David, know that XLE, the energy ETF, is up 40% total return this year?

So, it's up three almost 400% basically on a total return basis versus the market up 154%.

So XLE recently broke out above its high from 2013 during that oil boom that turned into a huge oil bust as they often do. So major breakout. It is a bit extended. So I'd be, you know, on on guard for a bit of a a pullback, particularly if we get a market shakeout, which to me seems fairly likely.

But still, this is telling you that on a on a pullback, you want to I think you want to be a buyer of energy.