8.14.2006

SLICK


The new number 1 stock on the IBD 100 list, FTO, the oil refiner which is joined on the list by a bunch of other oil patch companies including VLO(50), XTO(77), HOC(14), SU(82), PWE (85) and RRC (91). Aside from these well known companies, there are more on the list, so you get the picture.

The gold stocks, GLG (21) and GG(75) also made the list.

Just not sure how bullish for the Major Market indexes to have the commodity plays back as the market momentum leaders.

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