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Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Will the Oils-Energy Sector Catch QE Fatigue?

Stocks in this article: XLE COP CVX EOG HAL NOV OXY SLB WMB XOM

The stock tried to set another 2012 high on Sept. 14, but did not. The weekly chart is negative with the 200-week SMA at $32.37. Investors and traders should employ a "buy and trade" strategy between the value level and risky level.

National Oilwell Varco (NOV) ($80.55 vs. $72.30 on Aug. 1) continues to have a buy rating according to ValuEngine with a so-so P/E ratio and is above its 200-day SMA at $74.60. NOV set a multi-year high at $89.95 on September 18.

NOV is positive but overbought with the 200-week SMA at $55.20. Investors and traders should employ a "buy and trade" strategy between the value level and risky level.

Occidental Petroleum (OXY) ($86.38 vs. $87.03 on Aug. 1) continues to have a buy rating according to ValuEngine with a so-so P/E ratio with the stock below its 200-day SMA at $91.01.

OXY had a 2012 high at $106.68 on Feb. 28 with a 2012 low at $76 59 on June 1. The weekly chart profile is negative with the 200-week simple moving average at $83.30. Investors and traders should reduce holdings on strength to my weekly pivot at $87.35 then employ a "buy and trade" strategy between the value level and risky level.

Schlumberger (SLB) ($72.58 vs. $71.26 on Aug. 1) continues to have a buy rating according to ValuEngine with an elevated P/E ratio and is above its 200-day SMA at $71.08. SLB traded to a 2012 high at $80.78 on Feb. 22 and as low as $59.12 on June 26, and has a negative weekly chart with the 200-week SMA at $66.97. Investors and traders should employ a "buy and trade" strategy between the value level and risky level.

Williams Companies (WMB) ($35.60 vs. $31.79 on Aug. 1) continues to have a buy rating according to ValuEngine with a so-so P/E ratio and is above its 200-day SMA at $30.54. WMB set a new multi-year high at $35.79 as this new quarter began on Monday.

The weekly chart is positive but overbought with the 200-week SMA at $20.62. Investors and traders should reduce holdings with the stock above my weekly pivot at $35.54. My annual risky level is $40.78.

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