Around The Horn

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. 

After yesterday's huge day for earnings reports, let's see how the market is reacting in early morning trading.

30-second sound bite: 24 hours after the volatility of yesterday, things seemed to have settled down. One has to wonder with the emphasis on new completion techniques whether the oil service companies like SLB, WFT, HAL, BHI should be watched more closely. I am aware that WFT has its challenges.

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KOG: this is a bit confusing. It looks like KOG may have traded at a new 52-week high today -- $12.40.

HK is also flat, but the bleeding stopped; actually green today.

Oasis is doing nicely, up another 1.3% but still off its high.

WLL is up about a percent, but off its high.

CLR is doing very nicely, up about 1.6%, and not that far off its recent high. ML has a "neutral" on this one following 3Q13 earnings. [Update, about 30 minutes later: wow, that ML recommendation killed CLR -- down $6.00 right now to about $110.]

CVX, COP, XOM: Of the three, only COP is in the red; interestingly, XOM has been climbing that wall of worry, and is now within shouting distance of reaching its recent high.

EOG is my favorite company at the moment. It is up 1% today, well off its recent high, providing an opportunity for some, I suppose.

CHK continues to bleed, but seems to be flattening out. Although below its recent high, it is well above what it had been earlier this year.

SD is flat; struggling. Fell quite a bit yesterday, if I remember correctly.

AMZGis absolutely flat today. 47 cents above its $2.00 entry price.

TPLM is down about the most of any that I follow; down about 0.6% at $10.00

UNP is in its trading range well below its 52-week high. Up 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: flat today, but very nears it's recent high. No complaints from me.

TransCanada is in a trading range; has been for quite some time.

SLB: still trading near its 52-week high; up slightly today.