Situation normal, but that's really funny!
Where did you find this?
I'm looking at ~3500. We'll see.
Earnings season will knock the market around like a pinball. Everyone will be looking at the "Earnings Guidance" offered as each index member predicts what the coming quarter and year will bring.
I was thinking the exact same thing when it was in high 70s, got sidetracked, and then saw it go down 10 dollars. Surely it will bounce back above 70, maybe even 75, and I'll sell it, I've already decided. I don't want to wait for it to rise, which I think it will by the end of the year, and I don't care too much about the 4% dividend, which I think the record date was 9/20. I'll sell XLE now and use the funds for SPY at some point, 350 or lower. Or else day trade.