The Con game is XOP plunging the last couple of weeks, and now the oil price is plunging and will continue to plunge. My guess is $82 WTI by friday..
As I warned the last couple of weeks if oil stocks couldn't move up on the stellar good news and rise in oil price, they had n where to go but down. I still own a lot but I have been selling a good chunk of my holding last week as the New York J's have decided to take oil down.