Amidst the Energy carnage, the Oil & Gas Refining & Marketing group is the exception, having returned over 7% YTD. Refiners are able to perform well in a variety of oil price scenarios—and tend to thrive in a falling crude oil price environment.
Health Care, Consumer Discretionary, and Financials are the top three rated broad sectors.
Amidst the Energy sector tumult, the Oil & Gas Refining & Marketing group is the exception.
Two Consumer Staples groups upgraded to Attractive this month, Beverages and Tobacco. The Energy sector saw Integrated Oil & Gas upgraded to Attractive.
The only Energy group rated Attractive, its score has improved for seven consecutive months.
Oil & Gas Refining & Marketing group attained one of the top GS Scores this month and has been rated Attractive for over a year now.
Initiating a new portfolio group holding in Oil & Gas Refining & Marketing group.
Activating “Natural Gas Play” thematic group, which was upgraded to attractive this month. Charley Maxwell says it’s not too late.
See margin expansion, insider buying and VLT momentum buy signal.
Oil & Gas Refining & Marketing and Casinos led a short holiday week as the S&P fell -1.2%.