Zortix
Ask Zortix…⌘KSign in
PSXVLOMPCBULLISHFLIPPEDCNBC FAST MONEY · BEARISH IN SEPTEMBER → BULLISH IN SEPTEMBER

Refiners extended trade on heavy sour crude

The bull case argued for Gulf Coast refiners like Phillips 66, Valero, and Marathon, as they are set up to process heavy sour Venezuelan crude amid high crack spreads.

CNBC FAST MONEY CHANGED ITS VIEW

BEARISH FOR 1 DAY, THEN THE TURN
THEN1 SEP · BEARISHCarter Worth presented a bearish technical case on specific refiners, arguing they are extended and represent sells as they trade significantly above Wall Street targets and long-term moving averages.NOW2 SEP · BULLISHThe bull case argued for Gulf Coast refiners like Phillips 66, Valero, and Marathon, as they are set up to process heavy sour Venezuelan crude amid high crack spreads.

Keep reading this one

You've read the thesis and who argued it. A free account opens the argument, what validates it, the risks the show raised, and the moment in the episode where it was said — 3 ideas in full a day, no card.

Something wrong with this record?

Sign in to flag a problem with this record — corrections go to human review, never to a public thread.

NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE