Now that oil prices have calmed down a bit (still high), we are entering a phase we have got to call "Hey whose got the power?" I think there is a song with this title, but I am not referring to the song.

What I am referring to is this;

Does the White House and the Republican's have enough power to repair their oily reputations before the mid-term elections? Can they do it? The answer is simple, "Hey who’s got the power?"

The Republican competition is not the Democrats however, its hurricane season. If we have a hurricane season similar or worse than last year, and energy prices do not spike, I will truly be impressed.

I do not like politics, and I will not argue politics, and based on some of my comments you might guess I am a non- republican. Since I do not want you to label me as being biased, I will tell you I am not a democrat, and I am fiscally and socially conservative. All I really care about is honesty, decency, and integrity. In addition, I really liked Ronald Reagan. For the most part, I am not seeing much honesty, decency, and integrity in politics, business, Wall Street, or in everyday life.

The mild sell-off that we have seen among our favorite oil stocks are once again reaching attractive buy ranges according to their relative strength measures. So far, the RSI has been a very helpful tool in trading energy stocks.