PARADOX AT THE PUMP:
The headline: Oil Prices Are Falling While Gasoline Is Rising
The word: Eric Bolling says gas is at an all time high because refineries are operating at 89% capacity when they should be closer to 93%. He says, consequently Tesoro (TSO) and Valero (VLO) are buys on recent dips.
A CONSOLING FORECAST:
The headline: Sony (SNE) Sees Record Full-Year Profit Despite PlayStation 3 Losses
The word: Jeff Macke is skeptical of the news. He says SNE lost $914 million in PlayStation 3 in three months.