HomeBusinessEnergyOccidental Petroleum (OXY) Volatile But Following Crude Oil Futures
Occidental Petroleum (OXY) Volatile But Following Crude Oil Futures

Occidental Petroleum (OXY) is today’s FOMO stock. Alex Coffey and Jenny Horne discuss OXY as Warren Buffet is still buying OXY and is upping his stake in energy. They talk about how energy remains the best sector performer. They then go over how OXY is a volatile stock with intense moves high and intense moves low, but is following crude oil futures (/CL) more or less. Finally, they demonstrate an example trade using OXY. Tune in to find out more.

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