Articles related to symbol: OXY
As traders take profits from oil stock rallies to recent highs, newly oversold conditions may be hinting at opportunities for short-term traders.
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Stocks moved higher to start the week, following through to the upside as part of an oversold bounce from the pullback late last week. Find out where traders may have begun taking profits and where buyers continue to pour in here in the latest edition of 7 Stocks You Need to Know.
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Buyers continued to bid crude oil prices higher. The effect on oil stocks was mixed with a number of oil stocks making significant gains and others pulling back and closing in oversold territory above the 200-day ahead of trading on Monday. Here are 7 Stocks You Need to Know for Monday.
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Apple shares up, Microsoft shares down - that and strong earnings from Caterpillar helped traders wrap up a strong week in the stock market as April drew to a close. Overbought conditions and more energy company earnings are on deck starting on Monday.
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Profit-taking in oil and gas stocks intensified on the first trading day of the week. Meanwhile small cap stocks - basis the Russell 2000 - reversed sharply to the downside after closing in overbought territory late last week.
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Buyers were ready to go early in the trading day on Tuesday. But sellers carried the session - save for strength in energy stocks like Halliburton and Occidental Petroleum. Find out what stocks are pulling back above the 200-day heading into trading on Wednesday in today's edition of 7 Stocks You Need to Know.
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