The Traderszone Network

Published in TZ Latest News 13 June, 2014 by The TZ Newswire Staff

Diamondback, EOG, Devon Outperform In Oil And Gas Sector

Oil and semiconductor stocks once again dominated the new-high list Friday as Wall Street continues to embrace improving fundamentals in each sector. A raised outlook from Intel (INTC) late Thursday fueled another chip rally. Intel gapped up, rising 1.91 to 21.87. It was already extended after a breakout from a base-on-base pattern earlier this month. Group peer Applied Materials (AMAT) also extended gains after a recent breakout.

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