The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!
posted by beanie11111 | 11:56 AM
2 Comments:
Horton,
VLO has resilience. Oil may go down for the summer (which means the tiny floats will suffer), but VLO shouldn't go down that much. VLO technicals look very good. Earnings is the end of this month.
RSTG: Buyers may get lucky if it gets to the low $30.
I drive by a Valero gas station everyday.
Price today:
$2.69
$2.79
$2.89
Even though analysts say crude oil prices should correct this summer, there is no guarantee.
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