...Earlier this year, Houston-based Phillips 66 came out in support of lifting the decades-old ban on exports. The company is among the few independent refiners advocating for exports while other refiners like Valero oppose them.
Phillips 66 Chief Executive Greg Garland said on Thursday the United States is unlikely to make meaningful policy changes anytime soon, with American consumers still concerned that exports will result in higher gasoline prices.
His company is making a bet on that projection. Phillips 66 plans to build a condensate splitter at its 247,000 barrels-per-day Sweeny refinery in Texas, which will allow it to process condensates into fuel components that can be exported.
No real logical reason for it. Anyhoo I picked up some WYNN on the downturn and doing some rebalancing. Earnings season is upon us and the second half is supposed to be the bomb for Apple!
They do well during the fantasy football parties as well. Just around the corner and another leg up for BWLD! $170+ easily. I love this stock!
...NEW YORK (MarketWatch) -- An analyst at Deutsche Bank has initiated a $105 target price for Apple Inc.'s (AAPL) stock and maintained her buy rating following the company's 7:1 stock split Monday. Analyst Sherri Scribner said new product introductions are expected to drive up demand for the stock, and that rising iPhone demand will surprise to the upside. The price target is based on the expectation that shares will trade at 15 times the company's estimated year-end 2015 EPS of $6.80....
When I looked at the chart I noticed FB sold off after oculus news and has been consolidating ever since April. It looks to me like it is posed to make the next move up back to 70 but options and other noise have prevented it from happening as quickly as we'd like. Longer term I think FB is a good investment but trading it has been extremely frustrating. Hated to see it fall below 63 closing Friday. Progress is slow!
lol I hear ya and volume has been non-existent! Looks like BMY has been institutionally shunned!
It's time to breakout but thus far it seems to be held back and hasn't been able to move to close above $49. Maybe today will be the day!
Hardware stox are having problems. Everybody is going mobile. How many people don't even use printers anymore? Even coupons have changed. You can download coupons digitally onto a grocery courtesy card at Kroger and scan most bar codes onto your smartphone. HPQ has been on its deathbed for quite some time and they just don't get it! BTW both Pepsi and Yahoo have female CEOs and have done wonders for the companies they represent!!