I wouldn't be surprised to see $xle and $oil give back nearly all of today's gains. When they go parabolic like this on the short term timeframes, they usually correct in the same fashion.
@Inadvertantview@EdgeCGroup UE is low and inflation is still above 2% target. This FED has been data dependent, as they should, and the data isn't saying they should cut. What it is saying is people over paid for a home.