On Friday the markets had a very volatile session. We opened to the upside and experienced a fairly hard sell off only to slowly grind up to basically flat. That is also where the S&P 500 ended the 1st quarter.

On Monday I’m going to concentrate on the Energy Sector. This has been where the money has been flowing.

Holly Corp. (HOC) has been trending higher over the last three months. The pullback last week may give a buying opportunity.



PPG Industries (PPG) has also shown a constructive pullback. Any sign of buyers coming back could be a positive sign.



CVS Corporation (CVS) took a breather last week after an impressive rise to new highs. Again, if buyers start showing interest I may look for a buying opportunity.



P.S. Take my highest-probability swing trades every day.  Sign up for a free trial to Tom Incorvia’s Stock Swing Trading Service by clicking here.

Tom Incorvia is a professional swing trader with 20 years of experience in the financial markets. E-mail him at tom@traderinsight.com.

Disclaimer
The article submitted to the Tiger Shark Publishing LLC is presented for informational purposes only and should not be construed as a solicitation to buy or sell securities or securities derivatives of any kind, nor serve as any type of investment advice or strategies. Actual results may differ greatly from expressed opinion. The author expresses a personal opinion and will not assume any responsibilities of the action of the reader.