It’s a little surprising that CVX was down as much as 4% insofar as CVX released an interim quarterly report (as it always does) on 1/9/14 (#msg-95758775). The weak 4Q13 results from XOM and RDS-A presumably contributed to the magnitude of the sell-off.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”