Why Both EV Stocks And Big Oil Are Rallying

One of the main things that attracted me to the energy markets a decade or so ago was that it is an area of the global economy that is a state of flux. Concerns about the environmental impact of fossil fuels have prompted interest and investment in alternatives and rapidly advancing technology has benefitted both those industries and traditional oil and gas businesses.

For a trader, that translates to volatility no matter what the broader markets are doing and, as I learned early in life, in trading movement equals money. That continuing struggle…