#nyse:cvx

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InvestorPlace: 3 Energy Stocks to Trade After the Saudi Arabia Strikes

InvestorPlace: 3 Energy Stocks to Trade After the Saudi Arabia Strikes

Make no mistake about it, the energy oil trade is a manipulated market. Major entity Organization of the Petroleum Exporting Countries (OPEC) sets prices and production levels. This makes it difficult to trade energy stocks with confidence. But this is an aberration that I can use to my advantage to easily profit from them. Today we examine the opportunities in Energy Select Sector SPDR Fund(NYSE…

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InvestorPlace: Dow Jones Today: Oil Slides, Investors Wait on Fed

InvestorPlace: Dow Jones Today: Oil Slides, Investors Wait on Fed

Nearly as rapidly as oil prices spiked Monday, they violently retreated Tuesday amid talk that Saudi Arabia will be able to restore production from weekend drone strikes faster than was previously expected.

Source: rafapress / Shutterstock.com

Oil stood in the way of market upside yesterday and the commodity’s Tuesday tumble did not provide much in the way of relief, indicating that many…

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InvestorPlace: Stock Market Today: Crude Oil Rockets; Now What?

InvestorPlace: Stock Market Today: Crude Oil Rockets; Now What?

Oil prices are exploding higher on the day, with crude oil up 13% from its close on Friday. That obviously made big headlines in the stock market today, but it’s not propelling energy stocks higher in the manner that many had expected.

By now, many of you have likely read about the background story. For those that haven’t, this is the short-but-sweet scoop. A drone strike rattled Saudi Arabiaov…

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InvestorPlace: Dow Jones Today: Looking for Direction

InvestorPlace: Dow Jones Today: Looking for Direction

Stocks struggled to find direction as traders took profits in some names that bounced higher last week with growth fare. Technology names got pinched today, but Monday’s performances by the broader benchmarks were not too bad, nor where they impressive.

Source: rafapress / Shutterstock.com

Monday was a lethargic day, reminiscent of many during the summer months, but the S&P 500 entered the day…

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InvestorPlace: Mexico Tariffs Spell Bad News for Chevron Stock Shares of Chevron (NYSE:CVX) have traded lower ever since U.S. President Donald Trump announced tariffs on Mexico in late May and with good reason.

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InvestorPlace: Chevron Stock Is Moving Slow, but the Dividend Makes It Worth the Wait The price of Chevron (NYSE:CVX) has become as a source of frustration. Chevron stock has remained range-bound since early 2018.

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InvestorPlace: Kinder Morgan Stock Capitulates, Renews a Rally Fast Taking Shape

InvestorPlace: Kinder Morgan Stock Capitulates, Renews a Rally Fast Taking Shape

As of last Thursday, Kinder Morgan (NYSE:KMI) shares looked to be in real trouble. Already fading from a big January-February rally, KMI stock plunged below its pivotal 50-day moving average line in response to a lackluster full-year outlook.

Things have changed dramatically so far this week, with Kinder Morgan stock bouncing back in a pretty convincing way.

Against a backdrop of…

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