Let's watch and wait.
Sometimes doing nothing is what's best.
SLB looks like it can pull back with weakness and this area is what I would consider a buying opportunity.
Beyond refined fuels, what else is susceptible to sophisticated criminal or terrorist activity? The entire grid? Clean water?
ET appears to be in a breakout and could see more upside.
The 2021 Tax Loss Selling Recovery Portfolio didn't do much in April but is soundly beating the market six months after inception.
Traders should let this correction play out.
Exxon Mobil and Advanced Micro Devices are the two names with possible buy setups.
With its exceptional 10% distribution yield, MPLX is an ideal stock for income-oriented investors who want to get into energy.
The gap to the downside could be the start of a decline or we could see support materialize at this level.