John Gaats

Energy Stock Trader: Wednesday Outlook

Based on the previous xperiences, downgrade can be a buying opportunity. TSO and VLO are perfect tests. Here is train of event. (1) analysts downgrade. (2) Concerned stocks fall. (3) You buy them because analyst's recommendation can never be quantitized in terms of market price. Over sold is a daily occurance. AS long as you buy at the right price, you will profit. The summer is long. Global warming is on. Why give up TSO and VLO at the begining of the summer?