This story was originally published here.
This is the kind of sector you must avoid… especially in today's market.
You see, despite the recent pullback, U.S. stocks have soared since March. So naturally, folks are looking at the few things that have been left behind.
They're looking to go bottom-fishing.
Longtime readers know this is a terrible idea. The smarter bet is always to follow the trend, not fight it. But most investors miss that crucial lesson.
Today, they're chasing energy stocks… a sector that's down 47% for the year.
In fact, demand for energy stocks is near decade-plus highs based on one measure.
This huge bullishness has been a warning sign in the past. If history is any indicator, these investors are making a suckers' bet – and more downside is likely from here.
Let me explain…
Editor's Note: Click here to keep reading.
Legendary Stock-Picker Predicts Best-Performing Stock of 2020
Most people will go their whole lives without capturing a 1,000% gain in stocks.
But one man from rural PA may have cracked the code.
11 years ago, millionaire early stage investor Matt McCall shared some of his first recommendations with the public, live on air.
The anchors laughed in his face…
Since then, McCall has built one of the greatest track records in the financial world.
He's pinpointed dozens of stocks that went on to jump 100% or more.
Plus 18 recommendations that skyrocketed over 1,000%.
McCall just teamed up with one of the biggest names in finance to reveal the name and ticker symbol of what he predicts will be the best-performing stock of 2020.
“I'm confident that this is my next big winner — and I haven't felt this way since back in 2009. This company is on the cutting-edge of one of the greatest medical breakthroughs of the 21st century. You can't afford to ignore this.”
To see McCall's newest prediction for yourself, simply go here.
You'll get this stock's name and ticker symbol, absolutely free.