21.50 -0.02 (-0.09%)
After hours: 6:20PM EST
|Bid||21.45 x 41800|
|Ask||21.54 x 21500|
|Day's Range||21.33 - 21.68|
|52 Week Range||19.90 - 33.30|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-18.63%|
|Beta (3Y Monthly)||1.62|
|Expense Ratio (net)||0.35%|
Zacks Value Trader Highlights: XOP, CNX Resources, Matador Resources, Pioneer Natural Resources and Diamondback Energy
The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From ...
In a sign that investors see more upside for the business cycle, fund flows for October show money flowing out of sectors that do better in downturns for those that benefit from an expanding economy.
Energy ETFs are quite a scare this Halloween, thanks to a subdued earnings picture, operating woes, dismal demand outlook and downbeat stock market performance.
The exploration and production company’s shares look cheap. That should change as investors discern its good prospects and shareholder-friendly blueprint for the future.
Energy stocks, largely abandoned by investors this year even as oil prices have bounced back from their lows, finally could be set for a rebound. While the SPDR Energy Select Sector Fund (XLE) is down more than 1% on the year compared to the more than 16% gain of the S&P 500, Dubravko Lakos-Bujas, JPMorgan Chase & Co.’s (JPM) chief U.S. equity strategist, recently laid out five major reasons why oil and gas stocks were ready to surge, according to Business Insider. One of the surprising things this year has been the failure of energy stocks to rally along with the price of oil.
Here is a look at ETFs that currently offer attractive short selling opportunities. The ETFs included in this list are rated as sell candidates for two reasons. First, each of these funds is deemed to be in a downtrend based on the fact that its 50-day moving average is below its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading above its 20-day moving average, thereby offering a near-term 'sell on the pop' opportunity given the longer-term downtrend at hand. Note that this prospects list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
An attack on Saudi Arabian oil fields has removed about 5% of global oil supplies. As a result, oil prices have jumped. It sounds scary for oil and stock investors, but for the time being, the chart tells a different story.
Volatility is striking the oil markets after attacks in Saudi Arabia forced the country to cut its oil output by 50%. Crude oil opened up 10% this morning -- lighting a fire under the energy sector. Today we'll look at three ways to invest in energy stocks. They should all benefit from continued uncertainty in the oil markets."An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday, knocking out 5.7 million barrels of daily crude production or 50% of the kingdom's oil output," Yun Li reported for CNBC.On the heels of the news, Brent crude futures saw their largest intra-day rise on record, lifting 19.5%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe energy sector has been one of the weakest performers this year, so higher oil prices could provide a much-needed boost to what has otherwise been a dismal showing. * 7 Tech Stocks You Should Avoid Now Let's look at three ways to invest in energy that should benefit from heightened anxiety in the Middle East. Energy ETFs to Buy: United States Oil Fund (USO)Source: ThinkorSwimSource: ThinkorSwimThe most direct route available for speculating on crude oil is via the United States Oil Fund (NYSEARCA:USO). Because it owns oil futures, USO does a great job of tracking short-term movements in the energy markets. Up 13.6% since this morning, USO is back to the $13 range for the first time since November 2018.Implied volatility is also spiking at the open to 49%, or the 60th percentile of its one-year range. The juicy premiums and USO's low price tag make naked puts a compelling trade here.If you think the risk remains to the upside for oil, then sell the Oct $12 puts for 40 cents. Consider it a bet that USO stays above $12. If it does, you'll capture the 40 cent premium. SPDR S&P Oil & Gas Exploration & Production ETF (XOP)Source: ThinkorSwimSource: ThinkorSwimIf you're not trading oil directly, then you're looking for derivative plays. And that brings us to energy stocks. Rather than picking individual companies, you could play the entire space via a diversified exchange-traded fund like the SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP). XOP holds a variety of energy companies involved in exploration and production. Like USO, its cheaper price tag makes XOP an excellent target for options selling.This morning, XOP is jumping 11.3% to a two-month high. While much work remains before the longer-term downtrend reverses, I do like how the fund now sits above the 50-day and 20-day moving averages. * 10 Stocks to Sell in Market-Cursed September Implied volatility is booming this morning, reflecting a sharp increase in the premiums available for options sellers. If you're willing to bet oil uncertainty keeps XOP aloft, then sell the Oct $23 puts for 50 cents. Energy Stocks to Buy: Exxon Mobil (XOM)The final route available to profit from the oil spike is to pick an individual energy stock. Exxon Mobil (NYSE:XOM) is the biggest in the space and offers a lower volatility avenue for speculation. Just look at today's movement for proof. While USO is up 13.6% and XOP is up 11.3%, XOM stock is only rising 2.2%.Exxon offers a lower beta path for traders. This morning's jump carried XOM directly into overhead resistance at the 200-day moving average. And thus far, the ceiling is holding firm. The stock is dropping slightly as I type and now below it's day high of $75.18.While some backing and filling may be needed to digest this morning's move, the downside should be limited as long as uncertainty keeps oil prices higher.If you think XOM stock still sits above $72.50 in a month, then sell the Oct $72.50/$67.50 bull put spread for 80 cents.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Recession-Resistant Services Stocks to Buy * 7 Hot Penny Stocks to Consider Now * 7 Tech Stocks You Should Avoid Now The post 3 Great Ways to Invest in Energy Today appeared first on InvestorPlace.
Top-tier candidates Joe Biden and Elizabeth Warren are set to share a 2020 debate stage for the first time, leading pundits to brace for them to clash on Thursday night in Houston.
Iranian President, Hassan Rouhani, announced he found 53 billion barrels of crude oil. Prosper Trading Academy Senior Strategist Scott Bauer joins Yahoo Finance’s Adam Shapiro, Julie Hyman and Brian Sozzi to discuss the news on On The Move.