U.S. Stocks Gain More Than 1 Percent

Matt Meili, an equity strategist, discusses recent market trends, noting the bounce back from January lows is typical. He analyzes historical market behavior, highlighting that sharp declines often see quick recoveries. Current market volatility and bond trends are examined, with concerns about rising interest rates. The energy sector's underperformance is seen as an opportunity, with OPEC's production cuts and conservative US spending as positive factors.

What is the current performance of energy stocks compared to crude oil futures, according to the text?

What opportunities does Matt Meili see in the energy sector despite its recent underperformance?