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Monday, 02/13/2012 11:14:47 AM

Monday, February 13, 2012 11:14:47 AM

Post# of 784
Energy Stocks Lose Early Steam


This morning, the leading integrated energy stocks have pulled back from the opening highs. Traders must remember that the energy sector accounts for roughly 15.0 percent of the S&P 500 Index. The leading energy stock in the world is Exxon Mobil Corp (NYSE:XOM). This stock was trading as high as $84.50 just after the opening bell rang at the New York Stock Exchange. The stock is now trading higher by just 0.24 cents to $84.04 a share. XOM stock will have intra-day support around the $83.75, and $83.00 levels. ...Continue reading here: http://bit.ly/wjvLSy

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