i am long on this open-ended straight, flush draw. A check raise at the turn.
i personally prefer buying silver compared to gold. Silver has more practical industrial and commercial applications. Then again, there are the Indians that love to possess and adorn gold. I bought some SLV to position for a robust turnaround in silver this summer
their inflation numbers came in tame, that means the refiners can expect higher margins - PTR comes to mind as a potential good investment here. Good luck all!
with lower inflation readings, the Chinese government is seen relaxing price controls for finished products (LNG, gasoline, etc.). This will translate to higher profit margins for PTR. I've been riding the Chinese SOE price control cycle, pivoting off their inflation numbers, which seem to be getting more reliable over the years. Good luck!
CHL and PTR will see 23%-50% stock price gains this summer. The Chinese government is seen easing on price controls, which will improve profit margins for state own enterprises
this will give a lift to profit margins on finished products and give PTR an octane boost. The stock price should run up to 143-145 range by summer. I also like PSX on the US refining side.
the profit margins on downstream finished products should improve for PTR. The stock price is sensible at current level and is a buy here. PTR should run up to 143-145 range. I also like PSX on the refining side.