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Chevron Corp Leads Integrated Energy Stocks Lower

|Includes:Chevron Corporation (CVX)

This morning, most of the leading integrated energy stocks are coming under selling pressure. Leading integrated energy stocks such as Chevron Corporation (NYSE:CVX), Exxon Mobil Corporation (NYSE:XOM), ConocoPhillips (NYSE:COP), and BP plc (ADR) (NYSE:BP) are all declining at the start of the today's trading session. Day traders should watch for intra-day support around the $126.14 level. This is an area that will likely be defended by the institutional money and could give day traders a short term bounce.

Nick Santiago

Stocks: CVX