VLO has more downside; expected to drop significantly in the near term.
BearishHe framed it in days
“A New AI Killer For Stocks, Oil Bounces With Yields, But Markets Remain Bullish!”
Verified InvestingPublished Sep 23 · 1 passage
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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.
What this channel has said about $VLO
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2026-09-23BearishThis one
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.
2026-09-18Bearish
Valero, MPC, uh, Philips 999, which is PSX. But this is a this is an outlier. I just heard about this today is that in Europe, they're talking about instituting a windfall tax on the refiners because they're making so much money. That could signal a change in narrative in those stocks where you could start to see those stocks starting to fall as speculators run for cover. If it was if it was passed if it was announced and passed a windfall tax even just out of Europe, these stocks would probably drop 15 to 20% as again it would wipe out a lot of the profits that they are making.
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