Refining Stocks: Oil Trade

Expert trader Dan Dicker says to buy stocks of refining companies when they report earnings and then sell the stocks next spring. Original air date: 10/21/2009.

Oil Spike Threatens Recovery: Is $80 the New $100?

Crude oil prices surged to a 12-month high above $80/barrel Wednesday as the U.S. dollar tumbled to a 14-month low, prompting investors to embrace hard assets such as oil and gold. (Oil prices slipped under $80/barrel Thursday as the dollar enjoyed a reprieve from its recent rout.)

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Oil Cheap Relative To S&P says Expert

S&P oil price ratio

Oil plays such a fundamental role in the economy; The S&P needs to gain 55% to keep in line with historical data.

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