OIL PRICES ARE BACK ABOVE $100 . HISTORY SAYS THE BIGGEST STOCK MARKET LOSER MAY NOW OFFER THE BIGGEST UPSIDE .

What happened: Oil prices have hovered above $100 a barrel for most of the past month, driven by the Iran war. The article argues energy stocks may have limited upside and that consumer discretionary, the worst-performing sector this year, may offer better long-term opportunity. Key numbers: Energy is the best-performing S&P 500 sector year-to-date with a Why it matters: The author says oil is rising on Iran war supply concerns rather than demand, so a resolution could lower oil prices and inflation, potentially hurting energy stocks and helping beaten-down consumer discretionary names.

Oil prices have hovered above $100 a barrel for most of the past month, driven by the Iran war. The article argues energy stocks may have limited upside and that consumer discretionary, the worst-performing sector this year, may offer better long-term opportunity.

The author says oil is rising on Iran war supply concerns rather than demand, so a resolution could lower oil prices and inflation, potentially hurting energy stocks and helping beaten-down consumer discretionary names.