Energy Sector Dip Presents a Compelling Buying Opportunity
Key Points The recent dip in the energy sector may present a buying opportunity as it consolidates bullishly above its rising 200-day Simple Moving Average. Key stocks like Exxon Mobil, up 14% YTD, and Occidental Petroleum, a favorite of Warren Buffett, present unique opportunities within the sector. Exxon and the XLE are forming a bullish…