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ITMS

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ITMS

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Thursday, 08/30/2012 11:34:39 AM

Thursday, August 30, 2012 11:34:39 AM

Post# of 784
Integrated Energy Stocks Running Out Of Steam

This morning, most of the leading energy stocks are coming under some early selling pressure. Traders and investors will usually follow this industry group very closely since the energy sector is roughly 16.0 percent of the S&P 500 Index. Exxon Mobil Corp (NYSE:XOM) is considered to be the leading energy stock in the market. XOM stock also has the second largest market capitalization behind Apple Inc (NASDAQ:AAPL) which can move markets. Today, XOM stock is trading lower by 0.41 cents to $87.49 a share. Short term traders should watch for intra-day support around the $87.35 and $86.90 levels. ...Continue reading here: http://bit.ly/Q4lJ5a
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