Saturday, November 30, 2013

Crude Down, Refiners Up?

I’ve been noticing this disconnect between oil & gas refining and marketing stocks over the past few weeks but in didn’t seem so “in my face” until tonight. I think it had to do with so few results on my screeners tonight due to my volume requirement that they stood out, but this is just odd how this sector is performing so well with crude being under pressure as of late. I won’t be placing any trades in this sector as these chart patterns don’t fit the ones I trade, but I thought I’d point it out.
learn about the the crack spread en.wikipedia.org/wiki/Crack_spr…
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