Either way, All TSO needs is to see Crude Oil Gains a little strength, then we have a good probability of a breakout.
The Second to this list would be VLO with a bit more strength than COP and the Sector. btw , for those not familiar with XOP - this sector has a wide stock distribution. The Top 10 stocks in this sector constitutes only 12%.
Sector also carries heavy weight on TSO with 2% and the top holding.
TSO Tesoro Corporation Common Stock 2.09%
PBF PBF Energy Inc . Class A Common 1.92%
INT World Fuel Services Corporation 1.80%
MPC Marathon Petroleum Corporation 1.74%
VLO Valero Energy Corporation Commo 1.68%
COG Cabot Oil & Gas Corporation Com 1.68%
CVI CVR Energy Inc . Common Stock 1.63%
EQT EQT Corporation Common Stock 1.62%
WNR Western Refining Inc. Western R 1.60%
XOM Exxon Mobil Corporation Common 1.59%