VLO Chart: The WTI flipped......that could = good
Post# of 777
Posted On: 07/20/2014 12:32:30 AM
VLO Chart: The WTI flipped......that could = good times for VLO & the refiners.........the refiners have been under pressure while E&P firms have been up.........since the WTI flipped the 2 energy sectors might flip as well........if that happens VLO should benefit.......I'm no oil expert, but there is an interesting article in the weekend edition of the WSJ on the topic located on page B14............cool WTI chart and interesting info. on U.S. Oil Fund ETF........"So, while WTI's headline price rose 26% from the start of 2010 to 2013, the U.S. Oil Fund fell 10%. The curve sloped upward for most of that period."............interesting data.........looking forward to watching this story unfold......... $$$
http://stockcharts.com/h-sc/ui?s=VLO&p=D&...0710592648
http://stockcharts.com/h-sc/ui?s=VLO&p=D&...0710592648
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