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PSX — 2 entries on this page, 0 of them a change of direction.

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Verified InvestingPublished 2026-09-23
“A New AI Killer For Stocks, Oil Bounces With Yields, But Markets Remain Bullish!”
$PSXBearish
PSX is expected to decline significantly in the near term.

Either way, that's bearish for the names like a Valero. And if we look at Valero, look at the drop that we've seen the last couple days. First of all, look at the extension. I still think there's more downside on Valero.

Again, we'll see if it happens today with oil bouncing, but in the near term, I do think Valero, PSX, MPC, they all should come down much, much much more.

Watch the source10:18
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Verified InvestingPublished 2026-09-04
“Shocker! Jobs Report Hits Markets, Fed Rate Hike? Markets, Gold, Bitcoin Sell”
$PSXBearish
PSX faces downside as crack spreads shrink; expect a pullback to low 200s in the next few months.

you have refiners like Valero and PSX which have a massive crack spread right now and it's so ridiculous because they are literally printing money because the the margins of this are so like what they're charging you and I to drive etc at the gas pump compared to what they're getting that oil for.

Um it is massive right now. I do expect that to shrink after Labor Day and I have highlighted Valero as one of my favorite shorts here over the next couple weeks.

What they said to watch for
stock price movement relative to the low 200s level
Watch the source16:02
Older record
That's the earliest record
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