CNX, FCX - smashed down stocks.. trying to rally

Whilst the broader market closed moderately higher, there was notable strength in a fair number of commodity/energy related stocks. Consol Energy (CNX) and Freeport McMoran (FCX) settled higher by a very significant 10.1% and 5.3% respectively. Near term outlook is bullish into January 2016.


CNX, daily

FCX, daily

Summary

Suffice to add... sig' net daily gains, although the broader trend remains powerfully bearish.
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*It would seem unlikely Oil has seen a key multi-year floor at today's new low of $36.38. The 32/30 zone looks viable in first half of 2016.

If that is the case, most energy/oil stocks will be highly vulnerable to renewed downside, even if the broader market is cruising into sp'2200/300s.
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*no position, not least in the coal miners, a sector that remains under direct attack from the US govt'.