The rudderlessness in DC has created an environment that's downright hostile to domestic exploitation of hydrocarbons.
The stock of the oil giant has been sliding of late but should receive a boost as the Oracle of Omaha buys more Oxy shares.
Despite Wednesday's hit, XLE remains the only sector SPDR ETF still up year to date (+34.8%).
Let's check out the charts and indicators to see.
The importance of this question extends well beyond the energy sector.
The HOAX continues as energy prices remind us that these are not normal times. Here's where I am focused.
Today's winning sector eventually will become tomorrow's loser, so think about when it's time to get out.
Let's check out the charts of two widely followed ETFs -- XLE and OIH.
Let's check the charts as this oil name floats to the top of a long bottom formation.
Shares of the independent oil and gas company reached $36 earlier this month.