Tuesday July 26 2016
We have been watching the refiners for some bottoming action. Today they rallied on better earnings
From the top, Tesoro Valero and Holly all rallied today, VLO reporting good earnings.
Time to buy the refiners.
Perspective, look at this daily chart for the three
HFC in particular has been cut in half. One can see this looks like bottoming action from a very big drop.