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Energy stocks are weak, and there has been a surge in them falling to their lowest prices in a month.

Last week, Dean shared a trading signal for the S&P 1500 Oil & Gas Exploration & Production sub-industry that suggested a cautious short-term outlook for the group. The energy sector weakened considerably on the day, enough so that 82% of energy stocks fell to at least a 1-month low, the most since last September.