Energy stocks took a deep dive after oil prices fell the most since June 2017, down 5 percent at around $70/bbl. This is a technical selloff and profit-taking. Accumulate these: $XOM, $CVX, $HAL, $BP, and even the highly indebted Chesapeake Energy $CHK. Stocks fell as the Trump Trade war escalated. More tariffs of 10 percent on billions of dollars worth of Chinese goods. This is INFLATION. And interest rates are going up. Terrible combo. Accumulate financials: $C $BAC $WFC $JPM to hedge inflation. Wells Fargo reports quarterly earnings this Friday. $WFC, Wells Fargo & Company / H1 Semitechnology stocks, which are forward indicators, fell, as expected, on the trade war escalation. Watch Micron $MU, $AMD, $NVDA, and Applied Materials $AMAT.