Crude oil prices jump and stocks sink
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ConocoPhillips is poised for growth amid rising oil prices with strong Q1 earnings and potential outperformance of major rivals. Learn more about COP stock here.
Cameron Dawson of NewEdge Capital points out that oil is now overbought on a relative strength index that is popular in technical analysis. "The combination of being overbought into downtrend resistance suggests that oil doesn’t deserve the benefit of the doubt to press higher from here,
Investing in high-yielding dividend stocks has benefits and drawbacks. On the plus side, they pay lucrative dividends, making them an excellent way to generate passive income. Because of that, you can confidently buy and hold these energy stocks to collect their high-yielding dividends that should steadily rise through at least 2030.
Oil prices leaped, and stocks slumped Friday on worries that escalating violence following Israel’s attack on Iranian n