Energy showing resilience despite rate fears

Saw $XLE push up again today, closing at 63.68 with a decent gain. It's interesting to watch energy hold its ground, even as the market jitters about the Fed's next move on rates. Inflation prints, jobs numbers – all the usual suspects are still making waves, but crude's relative stability seems to be giving the sector a bit of a floor. Makes me think about how much of this is real demand versus a hedge against continued price stickiness. Keeping a close eye on the broader market's reaction to tomorrow's CPI, but for now, $XLE remains on my watchlist for potential rotational plays if the risk-off narrative gets overdone.