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Energy's Pullback Could Be Opportunity

Stock quotes in this article: NBR , NOV , CHK  

With crude and natural gas prices finally pulling back, many energy stocks have tumbled 10% or more over the last four days. That has spooked energy investors.

The scare is fair. Since oil has been the go-to sector for most of the year, maybe investors became complacent. Fast money, opportunistic investors and stupid money all found their way into the sector in the third quarter -- and it's probably no coincidence that the tumble began right after the quarter ended.

There's nothing like a 15% pullback to cause a gut-check among investors and move the fast money back to the sidelines. However, while there may be a lot of volatility in the coming days, there may also be a lot of opportunity. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,471.50 1,106.41 2,190.31 35.40
Oil *
71.66
UP
65.67
UP
4.06
DOWN
0.55
UP
0.58
10 Yr
3.54%
SPDR Gold
109.32
+0.63%
+0.37%
-0.03%
+1.67%
Data delayed 20 minutes

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