Not financial advice · For educational purposes only. Market Rebellion LLC and its affiliates do not provide personalized investment advice. Options involve risk and are not suitable for every investor.
60 Seconds — Know Before You GoMonday, August 31, 2026

Energy Divergence: Fossil Fuels Rally as Utilities Take a Hit

Crude rallies to $86 while utilities slump and fossil fuel stocks gain 3%.

Jon's takeaway

Crude oil bouncing back to $86 a barrel is lifting traditional fossil fuel energy names while select utilities and production stocks take a heavy hit.

Watch the show

Open on YouTube ↗

The picks · 8

Bearish

Pacific Gas and Electric is under heavy selling pressure, down 8% to 10% on the session.

Pacific Gas and Electric, PCG, and Consolidated Edison, ED. These are down between 8 and 10% so far today.

Strike · Expiry · Entry · Stop · Target in Plus+

Bearish

Consolidated Edison is taking an 8% to 10% haircut alongside other production and utility names.

Pacific Gas and Electric, PCG, and Consolidated Edison, ED. These are down between 8 and 10% so far today.

Strike · Expiry · Entry · Stop · Target in Plus+

Bearish

AME is trading down 7% in today's action.

Then we've got AME down 7%

Strike · Expiry · Entry · Stop · Target in Plus+

Bearish

Agilent is sliding 7% on the session.

And Agyant, symbol A, down 7%.

Strike · Expiry · Entry · Stop · Target in Plus+

Bullish

Valero is gaining about 3% as crude oil rebounds back toward $86 a barrel.

Valero, Hallebertton, HAL, MPC, and DVN all moving higher by about 3%.

Strike · Expiry · Entry · Stop · Target in Plus+

Bullish

Halliburton is moving higher by 3% alongside the broader bid in fossil fuels.

Valero, Hallebertton, HAL, MPC, and DVN all moving higher by about 3%.

Strike · Expiry · Entry · Stop · Target in Plus+

Bullish

Marathon Petroleum is trading up 3% as oil prices recover.

Valero, Hallebertton, HAL, MPC, and DVN all moving higher by about 3%.

Strike · Expiry · Entry · Stop · Target in Plus+

Bullish

Devon Energy is catching a bid, up approximately 3% on the back of higher crude prices.

Valero, Hallebertton, HAL, MPC, and DVN all moving higher by about 3%.

Strike · Expiry · Entry · Stop · Target in Plus+

60 Seconds Plus+

Want the full trade plan on every pick?

Plus+ adds the strike, the expiry, the entry zone, where the trade is wrong and the measured-move target for all 8 names — built on Jon's 30–60 DTE methodology. Included with Rebel Investors Club.

Production and Utilities Slide

  • Utilities and production names are facing steep selling pressure, with Pacific Gas and Electric (PCG) and Consolidated Edison (ED) dropping 8% to 10%.
  • AME and Agilent (A) are also sliding, each down roughly 7% on the session.

Fossil Fuel Energy Gains as Crude Recovers

  • Fossil fuel energy stocks are catching a bid across the board as crude oil pushes back up to approximately $86 per barrel.
  • Valero (VLO), Halliburton (HAL), Marathon Petroleum (MPC), and Devon Energy (DVN) are all advancing by around 3%.

Housekeeping & Events

  • Catch the Rebel's Edge live at 1:00 PM Eastern time for deeper market analysis.
  • Sign up for RebelCon 2026, taking place October 19th through 21st at Circa in Las Vegas.

What to watch next

  • RebelCon 2026October 19th–21st at Circa in Las Vegas.

Want more premium stock picks?

Rebel Investors Club — premium stock picks and exclusive insights
Premium membership

Join the Rebel Investors Club

Get the stocks from 60 Seconds plus deeper research, trade setups, and premium updates delivered to you daily.

Sign up for the premium version
The Rebel's Edge live desk coverage
Live at 1:00 PM ET

Rebel's Edge Stream

Tune in at 1:00 PM Eastern time for broader market updates and trade breakdown.

Deeper dive on RebelTrade ↗

Get this brief in your inbox

Subscribe to the 60 Seconds Know Before You Go daily email and never miss Jon's closing-tape picks.