Bryan Leighton's Blog Posts Tagged 'XOM' (45)

Three Stocks Control The Entire Stock Market

If you ever wonder what type of day it is going to be in the stock market you can simply follow three stocks. When these three stocks trade higher on the session together the markets are likely going to finish positive. The opposite is true when these three stocks trade lower on the session, the major stock indexes will usually finish in negative territory. When these stocks are mixed then the markets are usually going to finish slightly higher or lower. The three most important stocks…

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Added by Bryan Leighton on June 14, 2012 at 10:43am — No Comments

Beware Of The Dow Jones Industrial Average Lead Rally

This morning, most of the leading stocks in the Dow Jones Industrial Average (DJIA) are trading higher. Traders must remember that the DJIA is a price cap weighted index unlike the S&P 500 Index and NASDAQ Composite which are market cap weighted indexes. When a price cap weighted index trades higher it will usually signal that the high priced stocks in that indexes are trading higher. Today, International Business Machines Corp (NYSE:IBM) is the highest priced stock in the DJIA and…

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Added by Bryan Leighton on April 16, 2012 at 10:45am — No Comments

Integrated Energy Has No Steam

This morning, the leading integrated energy stocks are all declining to start the day. Chevron Corp (NYSE:CVX) is the largest energy stock in the Dow Jones Industrial Average (DJIA) which is a price cap weighted index. CVX stock is trading lower by 0.63 cents to 102.84 a share. Short term traders should watch for intra-day support around the $102.00 level.



Some other leading integrated energy stocks that are declining lower today include Exxom Mobil Corp…

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Added by Bryan Leighton on April 10, 2012 at 10:18am — No Comments

Energy Stocks Retreat

All of the leading energy stocks are declining lower this morning. The popular and highly followed Energy Select Sector SPDR ETF (NYSEARCA:XLE) is trading lower by 0.37 cents to $72.05 a share. Short term traders should watch for intra-day support around the $71.50 and $71.00 levels.



Most of the leading energy stocks that are coming under early selling pressure include Exxon Mobil Corp (NYSE:XOM), Devon Energy Corp (NYSE:DVN), and Chesapeake Energy Corporation…

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Added by Bryan Leighton on April 3, 2012 at 10:57am — No Comments

Energy Stocks Heat Up

This morning, the leading energy stocks are catching a bid higher. The catalyst for the stronger energy market is once again the declining U.S. Dollar from the opening bell. Most of the leading energy stocks will inflate and trade higher when the U.S. Dollar Index declines during the trading session.



The most important energy stock in the stock market is Exxon Mobil Corp (NYSE:XOM). This stock is trading higher by 0.21 cents to $86.94 a share. Short term traders…

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Added by Bryan Leighton on April 2, 2012 at 11:12am — No Comments

Market Update From An Elite Pro

General Market Update



Stocks are flat on the session as volume is extremely light. Not only was there no earth shattering news over the weekend but all eyes are now focused on the FOMC Policy Meeting this week. This is making for a market that will end neutral to higher.



Key Stocks Leading Again



Apple Inc. (NASDAQ:AAPL), which is the largest component of the S&P 500 and the NASDAQ 100 is moving higher. It is currently trading at $551.41, +6.24 (+1.14%) . As…

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Added by Bryan Leighton on March 12, 2012 at 2:14pm — No Comments

Has Exxon Mobil Run Out Of Gas?

This morning, Exxon Mobil Corp (NYSE:XOM) is trading lower by 0.89 cents to $84.93 a share. This leading stock is not participating in the early morning stock rally. XOM stock is the second largest stock by market capitalization behind Apple Inc (NASDAQ:AAPL). In other words, XOM stock can move markets as it is a major part of the Dow Jones Industrial Average. Short term traders can watch for intra-day support around the the $84.75, and $84.00 levels. The daily chart will have near…

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Added by Bryan Leighton on March 8, 2012 at 10:18am — No Comments

Energy Retreats Early And Here Is Why

This morning, spot oil and many of the leading energy stocks are pulling back. As you know, oil has been surging higher since mid-December 2011. Yesterday, oil spiked higher after a false report cited a fire in a Saudi Arabian oil field. While geopolitical events and weather can effect energy prices, it is usually the weaker U.S. Dollar that will cause energy and most other commodities to rise. Today, spot crude is declining lower by $1.38 to $107.36 a barrel. Please note the U.S.…

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Added by Bryan Leighton on March 2, 2012 at 11:58am — No Comments

This Chart Says It All

This morning, the U.S. Dollar Index futures (ES H2) have surged higher from the morning lows. As we all should know by now, when the dollar climbs the stock and commodity markets will deflate and trade lower. That is ecactly what we are seeing this morning as the major stock indexes such as the Powershares QQQ Trust (NASDAQ:QQQ), SPDR S&P 500 Trust (NYSEARCA:SPY), and the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) have faded from earlier highs.  



Some…

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Added by Bryan Leighton on February 29, 2012 at 11:04am — No Comments

Stocks Market Drunk Off Apple Schnapps

The S&P 500 and NASDAQ continue to push higher, even with weakness in many leading stocks. This push higher is a result of the market being drunk, euphoric over the continued major pop in Apple Inc. (NASDAQ:AAPL) . The leading technology stock is trading at $524.42, +14.96 (2.94%) and makes up a huge percentage of the PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ). Its weighting inside the NASDAQ 100 means it can carry the index higher itself.  To put it in even more of a crazy…

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Added by Bryan Leighton on February 15, 2012 at 12:15pm — No Comments

Energy Stocks Lose Early Steam

This morning, the leading integrated energy stocks have pulled back from the opening highs. Traders must remember that the energy sector accounts for roughly 15.0 percent of the S&P 500 Index. The leading energy stock in the world is Exxon Mobil Corp (NYSE:XOM). This stock was trading as high as $84.50 just after the opening bell rang at the New York Stock Exchange. The stock is now trading higher by just 0.24 cents to $84.04 a share. XOM stock will have intra-day support around…

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Added by Bryan Leighton on February 13, 2012 at 10:58am — No Comments

ConocoPhillips Bucks The Morning Trend

Conocophillips (NYSE:COP) is one of the world's leading integrated energy stocks. This morning, the stock is trading higher by 0.50 cents to $72.05 a share. COP stock is trading higher despite the sharp early morning sell off in most other energy stocks. This early move in COP tells us that the stock has intra-day relative strength. If the major stock indexes do bounce higher at some point today this stock could lead the markets higher. Short term traders must watch for intra-day…

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Added by Bryan Leighton on February 10, 2012 at 10:09am — No Comments

Integrated Energy Out Of Fuel This Morning

The leading integrated energy stocks are all coming under some early selling pressure this morning. Exxon Mobil Corp (NYSE:XOM) is now the second largest company by market capitalization behind Apple Inc (NASDAQ:AAPL). This leading energy stock is trading lower by $1.00 to $86.17 a share. Exxon Mobil stock has been very strong as of late on the daily chart and today's pullback is rather healthy for the energy heavyweight. This giant energy company will have intra-day support around the…

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Added by Bryan Leighton on January 25, 2012 at 11:18am — No Comments

Integrated Energy Under Early Pressure

This morning, leading integrated energy stocks such as Chevron corp (NYSE:CVX) and Exxon Mobil Corp (NYSE:XOM) are coming under early selling pressure. Short term traders can watch for intra-day support on CVX around the $105.20 level. XOM stock will have intra-day support around the $85.00 area. It is important to note that these energy giants remain very strong on the daily chart, therefore, support levels can usually be bought.



Nicholas Santiago…

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Added by Bryan Leighton on January 18, 2012 at 10:15am — No Comments

Natural Gas Stocks Have No Steam

This afternoon, the price of natural gas declined to another new 52 week low. This decline in natural gas comes despite the winter season being upon us. While the price of natural gas is extremely low, it is now affecting the natural gas stocks. Leading natural gas stock such as Chesapeake Energy Corp (NYSE:CHK), Devon Energy Corp (NYSE:DVN), and Southwestern Energy Co (NYSE:SWN) are all declining sharply lower. These stocks look as if they could have further downside in the near…

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Added by Bryan Leighton on January 11, 2012 at 3:56pm — No Comments

Energy Stocks Run Out Of Steam

This morning, all of the leading energy stocks are coming under some selling pressure. Leading stocks such as Exxon Mobil Corp (NYSE:XOM), and Chevron Corp (NYSE:CVS) have been exceptionally strong as of late, therefore, a pullback today is due. These market leaders are trading lower today by over 1.0 percent. Short term traders can watch for intra-day support on XOM around the $85.00 and $84.70 levels.



Some other leading energy stocks that are trading lower…

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Added by Bryan Leighton on January 5, 2012 at 10:27am — No Comments

Oil Breaks Out And Is Positive For Stock Market

The stock market continues to rejoice in the new year. The S&P 500, Dow Jones Industrial Average and NASDAQ are all sharply higher on the day. The upside is being fueled by optimism on the global economy. This is mainly stemming from Europe. As the Euro gains traction, the Dollar has fallen sharply. The weakness in the Dollar is helping commodities push higher. Oil is having a monster day with the United States Oil Fund LP (ETF) (NYSEARCA:USO) trading at $39.45, +1.34 (+3.52%). This big…

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Added by Bryan Leighton on January 3, 2012 at 2:15pm — No Comments

Integrated Energy Losing Steam

This morning, all of the leading integrated energy stocks are coming under selling pressure along with the major stock indexes. The energy sector accounts for nearly 15.0 percent of the S&P 500 Index, therefore, this index is extremely important as it holds a lot of weight in the market.



Exxon Mobil Corp (NYSE:XOM) is the largest leading energy stock in the market. XOM stock is declining lower today by $1.09 to $80.26 a share. Traders and investors should…

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Added by Bryan Leighton on December 12, 2011 at 11:15am — No Comments

Stocks Spike As IMF Supplies Help

At exactly the same time yesterday that the markets reversed off their lows, today stocks did it again. The IMF announced they would supply liquidity to European banks in an effort to help them deal with the crisis. Stocks surged from the negative to the positive and are now hovering around the flat line. The SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) is trading at $115.06, -0.10 (-0.09%).



The fact that the time frame of the pop was exactly the same as yesterday continues…

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Added by Bryan Leighton on November 22, 2011 at 12:46pm — No Comments

Natural Gas The Next Double

Natural gas has made a bottom. This bottom is likely a much longer term bottom. Price may double and even eventually triple. This move up coming in natural gas is partly fundamental and partly technical. It will be discussed below.



Natural gas is trading at a major discount to oil. Oil continues to hover around the $100 a barrel level. As oil has surged over the last few months, natural gas has fallen. This divergence in price movement should reverse and oil continues to pull back…

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Added by Bryan Leighton on November 21, 2011 at 12:31pm — No Comments

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