Oct 10 2014, 10:57 PM
QUOTE(danmooncake @ Oct 10 2014, 10:45 PM)
The energy sector (XLE) is oversold. It will bounce soon. Get ready.
Good opportunity to play leverage (ERX) later.
If you're stock picker and likes individual companies with juicy dividends, check out: BP, XOM, COP, MRO, CVX
It is indeed enter into the oversold territory. Wonder if the market will go to the 200 dma level or bounces a couple points above it.hmm Good opportunity to play leverage (ERX) later.
If you're stock picker and likes individual companies with juicy dividends, check out: BP, XOM, COP, MRO, CVX
Great recommendation of the stocks. Already look into XOM and CVX.
How about CHK? It looks oversold but the graph is indeed ugly as hell for the past few months but i think september and october is abit overdone.
How bout the solar stocks Dan? Any idea how it will trade? In tandem with the market?
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But still the downfalls these few days were insane 
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