Drilling Deep Into the Oil Patch pt 2: Sizing up the Fields

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Drilling Deep Into the Oil Patch pt 2: Sizing up the Fields

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Yesterday’s original post, Drilling Deep into the Oil Patch built the case for a potential bottom in energy even if short-term.  I also pointed out that when things get this stretched to one side and short-term divergences start showing up then the snap back move can be fast and furious.  After a slow morning, the Energy space turned in a pretty solid day in a volatile environment.

Today I wanted to follow-up and give you the raw relative strength lists for the subsectors so you can do some of your own digging around.  This data is as of last night, so it does take into account Monday’s action.  It is also worth noting there is no filter on these groups so you will see some sub $3 securities of which many are making big moves.  Just realize those big moves come with an extra helping of risk, so be careful.  If you want a quick view of the charts, just click on the FINVIZ links below each table and you are there.

Independent Oil & Gas8-12-2015 Energy IndOG Relative StrengthFINVIZ Link

Oil & Gas Equipment & Services8-12-2015 Energy OG EquipSvc Relative Strength

FINVIZ Link

Oil & Gas Exploration & Production8-12-2015 Energy OG ExplProd Relative Strength

FINVIZ Link

Oil & Gas Integrated, Refining & Marketing8-12-2015 Energy OG IntRefMkt Relative Strength

FINVIZ Link

Oil & Gas Pipelines8-12-2015 Energy OG Pipelines Relative Strength

FINVIZ Link

Above has all the subsectors,  I know it can get a little hard to read the longer lists, but am still trying to find a gallery that allows for more zooming.  Until then, get the basics from the tables and use the FINVIZ from there.  Don’t forget to look back at the original post to see the movers and check on how they performed with the included links.

Good Luck and I hope this helps!

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(All market data above are derived from Stockcharts.com, Esignal, and Reutersdatalink)
The information set forth here was obtained from sources which we believe to be reliable, but we do not guarantee its accuracy.  Neither the information, nor any opinion expressed constitutes a solicitation by us of the purchase or sale of any securities or commodities. I or my affiliates may hold positions or other interests in securities mentioned in the blog.  Full Disclaimer
There is no guarantee that the views expressed in this communication will become reality,  Investing in the stock market involves risk and potential loss of principal, Investment strategies should be thoroughly researched and understood before implementing and none of this should be construed as a recommendation

About Author

Tommy

is a Chartered Market Technician (CMT) and Certified Financial Planner (CFPr) in Greensboro Georgia (Outside Atlanta). Founding partner of Barber Lackey Financial Group, LLC, a Registered Investment Advisor. However, this blog is not affiliated with BLFG and does not make recommendations to buy sell or hold any securities.

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