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Shale oil good, tech comeback felt

Shale oil good, tech comeback felt

April 23, 2014 (Chinavestor) The Dow Jones is not considered overbought despite reaching above the 16,500 mark. The index is on the go, no two ways about it. Yet it hasn't reached 16,670 level where the advance would be considered extreme.

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US Stock News

OAS, KOG rock! TLSA back above $200

OAS, KOG rock! TLSA back above $200

April 22, 2014 (Chinavestor) Oasis Petroleum (NYSE:OAS) and Kodiak Oil & GAs (NYSE:KOG), two of the smaller shale oil play in North America, continue to surge according to the following diagram.

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US Stock News

OAS, KOG vs TSLA, SBUX or AAPL

OAS, KOG vs TSLA, SBUX or AAPL

April 21, 2014 (Chinavestor) US shale oil companies have outperformed technology names by a wide margin for the last two weeks.

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US Stock News

OAS, KOG on fire!

OAS, KOG on fire!April 17, 2014 (Chinavestor) US shale oil companies are on fire! Oasis Petroleum (NYSE:OAS) advanced to as high as $46.87 and is considered overbought! Kodiak Oil & Gas (NYSE:KOG), another shale oil play, is also dangerously close to theoretical high prices. Both KOG and OAS are trading almost two standard deviations above their mean, a highly unusual advance statistically speaking.

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US Stock News

Shale oil vs tech stocks mid April

Shale oil vs tech stocks mid April

April 16, 2014 (Chinavestor) US shale oil companies have been on fire, far outperforming major technology stocks. That might not be a big feat given weak earnings from Yahoo inc. (NASDAQ:YHOO). But that might change. IBM Corp. (NYSE:IBM) and Google Inc. (NASDAQ:GOOG) is going to report after the close today. Apple Inc. (NASDAQ:AAPL) is coming up soon as well.

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