This has been a tough year and a very tough 3rd quarter for all sectors. Energy was affected as much if not worse than most of the other sectors. Here I will detail the performance of the virtual mutual fund I've set up for the Energy sector on the Marketocracy web site.

Orange line in the chart below shows how my Energy Fund has performed relative to the m100 (a collective Marketocracy fund that uses picks from the top 100 members), S&P 500, Dow Jones Index, and Nasdaq.




Below is this fund's ranking:


As you can see this fund has done very will in the 1st and 2nd quarters of 2008, but as the commodities (and energy in particular) crashed by the middle of the summer, fund's performance has turned dismal in the 3rd quarter. I don't expect any kind of a significant upward movement in this sector until December in the earliest, but most likely towards the spring. The colder the winter will be and the better 4th quarter economic indicators will be, the more likely energy sector will start rising back up.

Here is a list of all the stocks currently in the fund and how they've performed up to this point:


I have not changed the picks since the fund's inception, so the turnover is negligible. I expect to add to my positions in several of these stocks since I still have $186K of Cash in this fund. Below are brief profiles of these stocks. I intend to post more details and expectations for this fund's holdings as well as for my other funds.

NuStar Energy (NS) - Based in San Antonio, Texas, NuStar Energy LP is a master limited partnership that was spun off from refiner Valero Energy. NuStar holds most of Valero Energy's pipelines, terminals, and storage facilities.