Texas Tea Time? Here’s Why You Should Let Oil Cool Off First [Forbes]
HollyFrontier Corporation (HFC)
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Source: Forbes
GettyThe broader market, as defined by the S&P 500, has rallied like crazy. But don’t worry, you haven’t “missed out” on anything. The rally has been carried by large, and largely non-dividend paying stocks!Most income plays arejustnow, for example, is in the middle of a “crash-and-rally” pattern. The ultimate cure for low energy prices is (or perhaps,wasWe saw this in late 2008, when oil collapsed along with every other asset on the planet. The black goo traded hands for more than $100 per barrel, dropped below $40 in months, and was back over $100 once again within a few years!But recoveries never happen in a straight line, do they?Right now, many investors are gambling that global consumers will quickly jump back into their cars, and onto planes, and otherwise drive up demand for oil and other fuels.Most Popular In:Maybe. Eventually. But probably not as rapidly as Wall Street has priced in.“If we look at the rally we’ve seen in crude oil prices, it’s been amazing, but the big uncer
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