Gambler, I did see a story that the EPA is lowering ethanol mandates that resulted in the refiners going up yesterday. The cost of RIN credits has been a drag on them. I still am worried about the effect of the divy cuts on NTI and CVRR and may play the puts for a trade. NTI has gone almost straight up since bottoming and there is significant resistance ahead around $23.
I am trying to buy some WMC calls today for a bounce.
GOSH---I do hope for continued good news on NTI and CVI NTI took a hit today on no news that I can find
I did keep my shares of FCX and got more VALE, VALE is strong again ad pays a divi to wait
I have not checked commodity prices but Gold is alluring for me
SDRL is up 1.6% on a down day. I beleve we will fine with that one
The BDI rates going back down is a puzzle--one would have thought other wise.
The doctors told me I have pneumonia and loaded me up on Moxifloxacin. and cough syrup I do not like the cough at all