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Energy Stocks Feel The Heat. Watch NBL

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January 10, 2011 – Comments (0)

Most of the leading energy stocks are trading lower this morning. Noble Energy Inc.(NYSE:NBL) is a leading energy stock that is trading lower today by $1.33 to $81.77 a share. The stock will have short term intra-day support around the $81.00 level. Traders and investors should keep one eye on the U.S. Dollar Index. Should the U.S. Dollar Index decline most commodity related stocks will often catch a bid higher. 

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