If you bet Valero (crude oil refining and retailing) would drop today on the bad refining margin news by Chevron or their pre-open lowering of earnings forecasts, you thought wrong. And you got killed.
Welcome to Stock Geometry! This casual music and financial blog typically involves posts of music videos and candlestick stock charts looking at intermediate term trends. Think MTV meets CNBC. My positions fluctuate, but I’ll always disclose positions in posted stocks. You are responsible for your investments! – Dr. pythagoruz
If you bet Valero (crude oil refining and retailing) would drop today on the bad refining margin news by Chevron or their pre-open lowering of earnings forecasts, you thought wrong. And you got killed.
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