Schlumberger Ltd. (SLB) reported Q3 Non-GAAP EPS of $0.43 this morning which beat by $.03 and revenue came in at of $8.54 billion (+0.5% Y/Y), also better than expected according to media reports. The energy sector has been beaten down the past several months as crude oil prices have been weak.
More from Investing
I typically tell you when I see opportunities to get into, not out of, stocks, but this one appears to be getting overvalued.
I have something to fuss over, so let's look at these new lows on Nasdaq and the New York Stock Exchange.
Big-cap tech names slip into the red and pockets of momentum become harder to find.