A month after initial surge, energy stocks show record gain

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-04-27 at 09:53:05 CST

In late March, there was a surge in the energy sector. More than 95% of stocks in the sector climbed above their 10-day moving averages, while fewer than 20% of them were above their long-term 200-day averages. In the month since then, the sector climbed another 13%, the best post-surge reaction in 30 years.

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