Long

Pioneer is leading the energy stocks

Major stock indexes ended down, with investors also worrying that recent record gains might have overextended equities. However, the SPDR Energy Select Sector XLE , an exchange-fund focusing on energy names, rose 0.2%.

Top gainers included The Williams Cos. WMB , with shares up 3.1%, and Pioneer Natural Resources Co. PXD , with shares advancing 1.9%.

Pioneer on Tuesday got an upgrade to buy from analysts at Global Hunter Securities. The analysts also increased their price target on the stock to $235 from $207.

if you see the 3 blue rectangles you can see that PXD has reached its bottom and it's starting to grow again.

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