Dan Dicker, Energy contributor for TheStreet.com, talks with Brittany Umar about the upcoming quarterly earnings reports coming in this week from U.S. oil majors. Two European oil majors, BP and Total, have reported significantly lower revenues from dropping oil prices, a result that is likely to be repeated by Exxon-Mobil (XOM) and Royal Dutch Shell (RDS.A) who report on Thursday, and Chevron (CVX), who will report on Friday. Saving a complete catastrophe will likely be increased profits from refining, transport and chemicals. Dicker believes that oil stocks won't see a major move based upon these bad, but expected results. Of all the majors, however, he likes Exxon among US producers and BP for a play on a weakening dollar.
More from Video
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Breaking down an approach to the long side of this biotech stock.
AMSC CEO discusses that and China challenges.