Here's how to play shares of this pipeline operator.
And the winners so far outnumber the losers among the six stocks that include a cannabis company, a couple financial giants and two oil plays.
And stay away from under-capitalized, over-indebted shale producers that face pressure to limit capital expenditures.
Let's explore the latest charts and indicators.
Let check the charts.
Royal Dutch Shell and Total boast solid balance sheets, high free-cash-flow generation, top-quartile production growth and attractive valuations.
With a boost from the fundamentals, the oil giant's shares could push upward and challenge the late September-early October highs in the $46-$47 area.
In this kind of market, I'm opting for a slightly more conservative play here.
I like for CVX to continue to run higher back over $120.
VLO has violated short-term resistance around $82.50 in response to its earnings report.