Armie

Energy, Consumer Staples: Value Investments Increasing

how do you feel now with the earnings out ??????????? you should maybe go into hiding ..........for the next few years .... don't forget its already winter in canada and the Usa is cold ............

Energy, Consumer Staples: Value Investments Increasing

Valero Energy (VLO) NewsBite - VLO Falls on Lower Oil
Posted on Friday, October 24, 2008 11:27 AM
Valero Energy (NYSE: VLO) opened at $14.64. So far today, the stock has hit a low of $14.59 and a high of $16.13. VLO is now trading at $16.05, down $1.03 (-6.03%). Over the last 52 weeks the stock has ranged from a low of $15.76 to a high of $75.75. Shares of VLO are declining today, hurt by lower oil futures. While lower oil is usually a good sign for refiners, in this case, the low cost of oil reflects concerns over a global economic slowdown, which would be bad for VLO. Technical indicators for the stock are bullish and S&P gives VLO a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on VLO the stock seems like it could be a candidate for a November out-of-the-money bear-call credit spread above the 22.50 range. [ABR-Seven Summits Strategic Investments NewsBite]
Click Symbol For More News On: (VLO) Stocks To Watch Today: GE, DOW, PFE, UNP, ABB, UPS, BHP, CTXS, CCE, BG, FFIV (Click Symbol For Latest News)