Spectra Energy, Diamondback Lead Oil And Gas Sector

By | May 30, 2014

Scalper1 News

With the market back in a confirmed uptrend, focusing on leading industry groups in the market is preferable to focusing on laggard ones. Laggard groups can underperform for a while, and it takes time to recover from repeated bouts of heavy institutional selling. After the Nasdaq’s follow-through day last week, energy stocks are still carrying the leadership baton. IBD tracks 13 subgroups in the Energy sector. Ten subgroups hail from the oil and Scalper1 News

Scalper1 News