In the Oil Exploration and Production Sector, There are few stocks with a little bit of strength. One such ticker is TSO. The Question is, Is it going to hold the trend? or CRAP out of the trend and ROLL Over.
Either way, All TSO needs is to see Crude Oil Gains a little strength, then we have a good probability of a breakout.
The Second to this list would be VLO with a bit more strength than COP and the Sector. btw, for those not familiar with XOP - this sector has a wide stock distribution. The Top 10 stocks in this sector constitutes only 12%.
Sector also carries heavy weight on TSO with 2% and the top holding.
TSO Tesoro Corporation Common Stock 2.09%
PBF PBF Energy Inc. Class A Common 1.92%
INT World Fuel Services Corporation 1.80%
MPC Marathon Petroleum Corporation 1.74%
VLO Valero Energy Corporation Commo 1.68%
COG Cabot Oil & Gas Corporation Com 1.68%
CVI CVR Energy Inc. Common Stock 1.63%
EQT EQT Corporation Common Stock 1.62%
WNR Western Refining Inc. Western R 1.60%
XOM Exxon Mobil Corporation Common 1.59%