Energy is very undervalued. The market is not sure how to interpret what is going on in the world, and it runs scared of its own shadow.

The Chart of the Day belongs to Whiting Petroleum (NYSE:WLL). I found the stock by sorting the All Time High list for the highest technical buy signals then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 8/25 the stock gained 1.91%.

Stock market bulls made a valiant effort to fight off another looming correction last week. The economy is showing strong signs of recovery, the Fed remains confident enough to continue its stimulus tapering, and attractive alternative investments to the U.S. stock market seem scarce.

In Q4 2013, the 50 largest hedge funds bought AAPL, CCI, and TWTR; sold LYB, EQIX