Thursday, September 26, 2013

Around The Horn; Market Starts Out Strong

Opening. Boring. But WLL continues to move up.

[Market close: global recession. What global recession? NNike says its first-quarter net income rose 38%, boosted by strong demand for its namesake brand and revenue growth in every region except China. Shares are up 6% in after-hours trading.][Market close: WLL, KOG, and OAS all trade at new highs today.]

Disclaimer: this is not an investment site. Do not make any investment decisions based on what you read here or what you think you may have read here.

KOG is up almost 2%, hitting a new high, $11.70.

Oasis is up almost a percent. It might hit a new high today.

HK is up a couple of pennies. I used to consider KOG the bellwether for the Bakken (I personally don't own any KOG), but now, for the short term, HK is a better Bakken indicator in my mind.

CVX, COP, XOM: all three "green" but inconsequential at the moment.

EOG is down slightly, but it must be due to profit-taking.

CHK: back up a bit, but a dollar under its 52-week high.

SD: green, but barely; flat.

AMZG: no trades yet/or flat.

TPLM: up about a percent.

UNP up slightly. It looks like everything is pretty much following the market in general, which is flat at the moment (8:42 CT).

I don't follow BNSF (BRK) much any more; BRK follows the market in general.

ENB, EEP: both up; in a trading range. Boring.

EPD: up slightly.

SRE up about half a percent.

TransCanada: up slightly.

CLR: up about 70 cents; below its 52-week high.

WLL: up over 2%; up another $1.25; trading at a new high.

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