Crude Down, Refiners Up?

November 29th, 2013
in contributors

by Jeff Pierce, Zentrader

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.

Follow up:


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved