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.
30-second sound bite: oil continues to slide toward the $100 support.
Bakken operators are significantly outperforming the majors. Sweet. The market is extremely volatile today: futures were down as much as 128 points; during the day gradually clawed itself into the green. This is a snapshot at noon. Things could be easily changed by the end of the day. [End of the day in brackets.]
KOG trading at a new high, up over 1%. I used to consider KOG the
bellwether stock to track the Bakken. About a month ago (sometime in
September, 2013), I began re-thinking this. I now consider HK the
bellwether stock to track the Bakken. [Closes up 1.5%; new high, $12.77.]
HK is up about 1.4%; about $4.95. [Closes up almost 3% at $5.5.]
Oasis is trading at a new high, up over 2% today. [Closes up almost 4%, at new high.]
WLL is up 1.4%; near its 52-week high.
CLR is up a bit today; well off its 52-week high; has been on a tear past few weeks. [Closes up almost 1%; less than a buck off its all-time high.]
CVX, COP, XOM: CVX finally in the green; warned on 3Q13 earnings; COP up slightly, but trading at a new high; and XOM up slightly also.
EOG is up slightly; near its 52-week high. [Closes up over 1.1%; trades at a new high.]
CHK is down slightly; about a buck below its 52-week high.
SD is down about one-half percent; in a trading range.
AMZG is ten cents over a nice entry point of $2.00. [Closes at $2.12.]
TPLM is up about 2%; near its 52-week high. [Dropped back at close; up about 1.1% for the day.]
UNP is in its trading range well below its 52-week high. Down slightly today.
I don't follow BNSF (BRK) much any more; BRK follows the market in general.
ENB, EEP are both in a trading range, well below their highs.
SRE continues to struggle. But paying 3%. I wonder if the Mexican
economy can be seen as a proxy for SRE's prospects? Down about a percent today. [Closes half-a-percent today.]
TransCanada is down slightly; well below its high.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.