January 29, 2008 –
|
RELATED TICKERS: WMT
, RTH
Just look at what Walmart is doing for Superblow Sunday. I am sticking with my Retailers Underperform call,,,
January 16, 2008 –
|
RELATED TICKERS: VLO
, TSO
, SUN
Over the last week or so, pure refining stocks have been hit hard. Some might argue that these stocks have been oversold. I think these stocks were "undersold" (if there is such a word) over the past 3 months. Refining margins have been squeezed, due to higher oil prices and roughly stable gasoline prices (just under $3 in my neck of the woods for the last couple of months). However, stock prices of refiners did not go down with the margins. I really did not understand why (just read my October blog on this topic). Now it is finally sinking in that refining margins are crap, and the stocks are playing catch-up with reality. In the end they always do! [more]
January 03, 2008 –
Yesterday, oil finally passed the 'magical' $100 limit. I think there is nothing magical about it. After all, 100 is just a number, one more than 99 and one under 101. [more]
RSS Headlines
Fool UK