Editor's Note: Today, we welcome Eric Bolling to TheStreet.com. A top Wall Street trader and an on-air television personality for the Fox Business Network, Bolling specializes in commodities, technology, resource trades and ETFs. He will provide regular picks in a column for TheStreet.com.
Today, I'm turning my attention toward refiners. I have traded oil for 22 years so it makes sense that I start here.
The oil patch is ripe with a few great plays, and I will lay them out for you and the rationale for the picks in the column, the first in a series of regular features I will be writing for TheStreet.com.
Oil hit a record $119.93 before falling $9 by last Thursday. Then it bounced almost $4 on Friday. I have been a long-term commodity bull and remain so. However, with many of my favorite commodities in a corrective mode, I think the crude oil market is due for a sizable pullback. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |
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