I have a $CRAK addiction. VanEck Oil Refiners ETF. Under 400 watchers on ST. New high today.
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RotationReport
$CRAK had it's highest volume day ever yesterday as it runs into an intermediate term target zone.
Somebody is peeling some off
$XLE
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NicholasABrown
$CRAK | (FT) - Diesel prices will not return to normal for more than a year, according to US oil and gas executives surveyed by the Federal Reserve Bank of Dallas.
https://www.ft.com/content/0d74d66a-a9ee-4c22-83ab-9df6452117de?syn-25a6b1a6=1
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Techdamentals
$CRAK
Refining margins have been unusually strong this year, and the reason has little to do with any single company.
Three of the world's refining regions stopped supplying the market inside seven months. Everyone still running captured the gap.
Conditions like that tend not to hold, which is worth remembering when a quarter from this group looks remarkable.
macroQmicro
Industry ETFs ranked by price strength and price momentum as of the Sep. 11 close:
$CRAK
macroQmicro
Industry ETFs ranked by price strength and price momentum as of the Sep. 10 close:
$CRAK