Energy stocks are making history: The US Energy Select Sector Index has gained for 14 consecutive weeks, the longest streak on record. The index has rallied +43% over that stretch, fueled by the Iran War and investor rotation out of software and AI stocks earlier this year. Over the same period, investors have poured a massive +$5.5 billion into the Energy Sector ETF, XLE. To put this into perspective, the previous record was 10 weeks, set in 1998. Energy stocks have also reached 25 all-time highs year-to-date, the most in a single year since the 41 records set in 2007. Energy stock prices are soaring.(The Kobeissi Letter)