Morton posted this chart yesterday- refiners
overall been on a tear on crack spread
Wells Fargo likes the coastal refiners- (think that is
based on refiners that will avoid increased pipeline
capacity cutting into discount as they come on late spring/early
summer) Wells upped TSO tgt fo 71-74 ( 12 mos )
few days ago
Posted by parkridge77 on 20th of Feb 2013 at 12:13 pm
been an incredible run for refiners this fall/winter- $$$-
on glut & discount to Brent - but all eyes on pipeline
ops-Seaway getitng up to capacity- maybe late MAY-- that would
erosde discount- but as of Friday I read spread still
20.50-
Read following re: Wells Fargo on tgts-
might be some trades in there for thosemonitoring refiners:
11:39 AM Wells Fargo is generally upbeat on the refining sector
but believes inland differentials will decline as 2013 unfolds, and
favors coastal refiners Marathon Petroleum (MPC), Valero Energy
(VLO) and Tesoro (TSO). The firm hikes its valuation range on MPC
to $100-$104 from $87-$91, on VLO to $54-$56 from $50-$52, and on
TSO to $71-$74 from $62-$64. Read
Post from an investor village energy board- good insight into
gassers & ops at this junture - hope below link works- if not-
wil try to cut & past text later
Posted by parkridge77 on 7th of Feb 2013 at 03:14 pm
WPRT & major companies its involved & or partnered
with- the technology & the impressive roster- has
market/investor attention-- traders can ride those coattails at
times -
majors- to name a few-- CAT,Peterbilt,F, GM, Weichai Power
Posted by parkridge77 on 7th of Feb 2013 at 02:40 pm
I am also following westport for investment- latest LA deal-
also it's collaboration with US partners in China - addressing car
exhaust pollution- trying to track
Cummins Westport Inc., a joint venture of Cummins Inc. and
Westport Innovations Inc., recently announced that LA Metro plans
to order 550 New Flyer Xcelsior natural gas buses, which are
powered by the company's ISL G 8.9 liter engine. The buses will be
deployed in 2014 and 2015 with an option to purchase an additional
350 buses in 2016
"Substantial orders such as these from LA Metro and San Diego
are ongoing evidence of the growing acceptance of natural gas in
the transit market," said Jim Arthurs, President, Cummins
Westport.
Posted by parkridge77 on 7th of Feb 2013 at 01:51 am
This from energy board on Investor Village site-- drillers like
RIG,ESV could be affected- SLB is an oil services provider (
like HAL)
Re: U.S. Halts Drilling on Gulf Wells With
Flawed Bolts!!!!
Only two BOPs
showed the cracking and were forced to stop drilling and replace
the bolts. The one that had the leak that forced the review
is already fixed. This is only a potential issue for the
Hydrill BOPs, of which their are only 20 total in the GOM, so 17
left max. The next time the BOP is brought up on those 17 the
bolts will be inspected to see if they are problematic. It
may be costly for ESV and RIG which own 19 of the 20, but not going
to shut down drilling for any real length of time. Remeber,
the safety alert is only for these GE bolts on the Hydrill BOPs,
and only those bolts on the LMRP connector, not the entire
BOP. All NOV and CAM BOPs are fine and not part of this
safety alert. Again, this is not a big deal to GOM
production.
Posted by parkridge77 on 30th of Jan 2013 at 04:46 pm
XLE/BPNER- thnx Matt-- I was wondering what the specific
triggers were for system to go to cash? Is it the usual
suspects ? RSI bit overextended , stochs above 80 for a few
days- so just prudent to take it off here on big run
up? OR does system see ( & use) more specific triggers/
tgts to go long, or to cash ? Just trying to grasp the
whys & wherefores.
Posted by parkridge77 on 25th of Jan 2013 at 11:31 am
MCP- debt offering to help pay for mining costs in Ca.- also
unusual arrnagement with Morgan Stanleyon this offering- lending MS
stock to faciliate deal?! Odd
Along with the stock sale and debt offering, Molycorp said it
also will lend Morgan Stanley Capital Services LLC up to $40
million of common stock in order to “facilitate” the notes
offering. Molycorp said it won’t receive any proceeds from the sale
of the shares it’s lending to Morgan Stanley, but it will get a
“nominal lending fee” from Morgan Stanley to use for general
corporate purposes.
Posted by parkridge77 on 24th of Jan 2013 at 08:26 pm
sorry can't get chart to post- certainly not a perfect right
shoulder in the pattern- but technicians out there calling this a
h&s pattern- with head at 710 & neckline at 500-
downside measured move target would be 300 over
time. Matt & Steve- do you see this, too? thnx
Posted by parkridge77 on 15th of Jan 2013 at 01:15 pm
GG-a few notes from WSJ 1/9 for any swing traders
: GG says it's all in sustaining cash cost in 2013 likely
to rise 21.4%- to more than 1,00 oz this year. Costs going up
faster than the gold price- so far analysts expecting average of
1753- 5.2% increase over 2012
The community is delayed by three days for non registered users.
Title: TSO- nice up
TSO
Posted by parkridge77 on 28th of Feb 2013 at 10:57 am
Morton posted this chart yesterday- refiners overall been on a tear on crack spread
Wells Fargo likes the coastal refiners- (think that is based on refiners that will avoid increased pipeline capacity cutting into discount as they come on late spring/early summer) Wells upped TSO tgt fo 71-74 ( 12 mos ) few days ago
http://stockcharts.com/h-sc/ui?s=TSO&p=D&yr=0&mn=6&dy=0&id=p22976343135&a=290391244&listNum=3
NEM-- copper & gold play-
Today or tomorrow I am thinking to enter a buy stop for NEM ...
Posted by parkridge77 on 20th of Feb 2013 at 01:13 pm
NEM-- copper & gold play- double whammy on weak metal pricing here- nasty- thnx coppermtn for heads up on ER & pattern
Refiners- Wells Fargo tgts
Posted by parkridge77 on 20th of Feb 2013 at 12:13 pm
been an incredible run for refiners this fall/winter- $$$- on glut & discount to Brent - but all eyes on pipeline ops-Seaway getitng up to capacity- maybe late MAY-- that would erosde discount- but as of Friday I read spread still 20.50-
Read following re: Wells Fargo on tgts- might be some trades in there for thosemonitoring refiners:
11:39 AM Wells Fargo is generally upbeat on the refining sector but believes inland differentials will decline as 2013 unfolds, and favors coastal refiners Marathon Petroleum (MPC), Valero Energy (VLO) and Tesoro (TSO). The firm hikes its valuation range on MPC to $100-$104 from $87-$91, on VLO to $54-$56 from $50-$52, and on TSO to $71-$74 from $62-$64. Read
State of Nat Gas- UPL's CEO comments on gassers in general- good overview
Posted by parkridge77 on 18th of Feb 2013 at 01:40 pm
Post from an investor village energy board- good insight into gassers & ops at this junture - hope below link works- if not- wil try to cut & past text later
UPL ceo's comments on NG & Q4
http://www.investorvillage.com/smbd.asp?mb=4288&mn=109569&pt=msg&mid=12548258#.USCCpsJXAJ4.email
WPRT & major companies its involved
WPRT starting to move again
Posted by parkridge77 on 7th of Feb 2013 at 03:14 pm
WPRT & major companies its involved & or partnered with- the technology & the impressive roster- has market/investor attention-- traders can ride those coattails at times -
majors- to name a few-- CAT,Peterbilt,F, GM, Weichai Power
BUT Still not turning a profit-
WESTPORT & recent LA deal news
WPRT starting to move again
Posted by parkridge77 on 7th of Feb 2013 at 02:40 pm
I am also following westport for investment- latest LA deal- also it's collaboration with US partners in China - addressing car exhaust pollution- trying to track
Cummins Westport Inc., a joint venture of Cummins Inc. and Westport Innovations Inc., recently announced that LA Metro plans to order 550 New Flyer Xcelsior natural gas buses, which are powered by the company's ISL G 8.9 liter engine. The buses will be deployed in 2014 and 2015 with an option to purchase an additional 350 buses in 2016
"Substantial orders such as these from LA Metro and San Diego are ongoing evidence of the growing acceptance of natural gas in the transit market," said Jim Arthurs, President, Cummins Westport.
drillers & GOM halt - more info on bolt inspection-
Drillers look toppy?
Posted by parkridge77 on 7th of Feb 2013 at 01:51 am
This from energy board on Investor Village site-- drillers like RIG,ESV could be affected- SLB is an oil services provider ( like HAL)
Re: U.S. Halts Drilling on Gulf Wells With Flawed Bolts!!!!
XLE/BPNER- thnx Matt-- I was
XLE and BPENER system
Posted by parkridge77 on 30th of Jan 2013 at 04:46 pm
XLE/BPNER- thnx Matt-- I was wondering what the specific triggers were for system to go to cash? Is it the usual suspects ? RSI bit overextended , stochs above 80 for a few days- so just prudent to take it off here on big run up? OR does system see ( & use) more specific triggers/ tgts to go long, or to cash ? Just trying to grasp the whys & wherefores.
Thnx
XLE/BPNER System- Matt why is
XLE and BPENER system
Posted by parkridge77 on 30th of Jan 2013 at 03:57 pm
XLE/BPNER System- Matt why is the system going to total cash here? Is this system anywhere in our Tools section- can't seem to pull up anywhere ?
Thnx
WPRT great promise, best of
WPRT
Posted by parkridge77 on 25th of Jan 2013 at 03:49 pm
WPRT great promise, best of breed partners & 1st entry advantage- BUT also yet to turn a profit
DECK ER 2/19 fyi
DECK
Posted by parkridge77 on 25th of Jan 2013 at 01:59 pm
DECK ER 2/19 fyi
MCP- debt offering to help
MCP also priced a secondary at a deep discount to ...
Posted by parkridge77 on 25th of Jan 2013 at 11:31 am
MCP- debt offering to help pay for mining costs in Ca.- also unusual arrnagement with Morgan Stanleyon this offering- lending MS stock to faciliate deal?! Odd
Along with the stock sale and debt offering, Molycorp said it also will lend Morgan Stanley Capital Services LLC up to $40 million of common stock in order to “facilitate” the notes offering. Molycorp said it won’t receive any proceeds from the sale of the shares it’s lending to Morgan Stanley, but it will get a “nominal lending fee” from Morgan Stanley to use for general corporate purposes.
interesting- reversion to the mean?
Amazing MSFT and AAPL (from Zerohedge)
Posted by parkridge77 on 24th of Jan 2013 at 10:24 pm
interesting- reversion to the mean? wonder how Rimm would overlay ?!
AAPL- reading that on weekly H&S formation- 300 measured move target
Posted by parkridge77 on 24th of Jan 2013 at 08:26 pm
sorry can't get chart to post- certainly not a perfect right shoulder in the pattern- but technicians out there calling this a h&s pattern- with head at 710 & neckline at 500- downside measured move target would be 300 over time. Matt & Steve- do you see this, too? thnx
470 magnet - wowten just
APPL- CC- 5pm - Looks like sales up but earings ...
Posted by parkridge77 on 23rd of Jan 2013 at 05:18 pm
470 magnet - wowten just curious-- what are u looking at to get that? lots of noise /chatter re:425 gap in Feb 2012 on daily
APPL- CC- 5pm - Looks
Posted by parkridge77 on 23rd of Jan 2013 at 04:59 pm
APPL- CC- 5pm - Looks like sales up but earings are bascially flat---- so growth story concerns but
in reality the eps average for two years is about $48+ - still amazing
from internet post:
The call will start at 5:00 p.m. eastern time. In the mean time, here's the scorecard:
GG-- that would be $1,000
a few pm stocks recently covered
Posted by parkridge77 on 15th of Jan 2013 at 01:16 pm
GG-- that would be $1,000 /oz. cash cost
GG-a few notes from WSJ
a few pm stocks recently covered
Posted by parkridge77 on 15th of Jan 2013 at 01:15 pm
GG-a few notes from WSJ 1/9 for any swing traders
: GG says it's all in sustaining cash cost in 2013 likely to rise 21.4%- to more than 1,00 oz this year. Costs going up faster than the gold price- so far analysts expecting average of 1753- 5.2% increase over 2012
Dr. Doom & Gloom -
Hong kong stocks ....Marc Faber
Posted by parkridge77 on 4th of Dec 2012 at 07:32 pm
Dr. Doom & Gloom - Herr Faber--Bearish on gold?!!! is that a short term call, or as a hedge or ????
thnx- very surprising to me
Zach-- XL pipeline- how about watching
anyone have some trades off of this?
Posted by parkridge77 on 30th of Nov 2012 at 09:07 am
Zach-- XL pipeline- how about watching TRP for starters? Thnx for heads up-- do you have a link to story- can't find on net