Try This Energy-Energy Trade to Profit Early Into FY13 - Analyst (USO) (XLE)

Crude contracts for February delivery are ticking higher once again today as sentiment toward the U.S. reaching an agreement over the fiscal cliff improves. At least one analyst sees that trend continuing and he's offering up a bit of advice on the best play to capture profit.

According to Jonathan Krinsky of Miller Tabak, the best way to lock-in gains is going long crude while simultaneously shorting the Energy Select Sector SPDR ETF (NYSE: XLE). He said the trade makes sense given the lackluster outlook for equities.

The firm noted that crude performance has shown "very good outperformance" versus the CLE over the last decade from the start of the year through February.

The Energy ETF is lower at the start Friday, while crude ETFs like United States Oil Fund LP (NYSE: USO) and iPath S&P GSCI Crude Oil Total Return (NYSE: OIL) are positive.

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