LONDON -- (Marketwire) -- 02/19/13 -- Stocks fluctuated between gains and losses on Friday before finishing the day on a mixed note. The Dow Jones closed 0.06% lower, the S&P 500 closed 0.10% lower, and the NASDAQ closed 0.21% lower. Despite the pullback, the S&P 500 managed to squeeze out small gains for the week, making it the seventh straight week of gains for the benchmark index. At the end of the day, our research team took notice of Phillips 66 (NYSE: PSX), Marathon Petroleum Corp. (NYSE: MPC) and HollyFrontier Corp. (NYSE: HFC), three active stocks in the Oil & Gas Refining & Marketing sector. Wall Street Active research team has completed free research on PSX, MPC and HFC. As a leading provider of free in depth reports and timely market updates, we invite you to sign up now at
Phillips 66 Shares Edge Lower
Phillips 66 shares fell sharply on Friday, tracking losses in the broad Energy sector, which was the worst performer in the S&P 500. The stock ended the day 1.02% lower at $64.17 after falling to an intra-day low of $63.53. Volume was below the daily average of 4.79 million. Year-to-date, though, Phillips 66 shares have been among the best performers, gaining nearly 21%. The stock has seen a series of highs over the past few weeks, which indicates bullish market sentiment. On Friday, the stock initially rose to a 52-week high of $65.38 before seeing a pullback. Sign up today and get useful insight about PSX for free at
Marathon Petroleum Post Gains for the Week
Marathon Petroleum shares fell marginally in trading on Friday, but managed to post gains for the week. The stock closed 0.30% lower at $82.56 on volume of 2.84 million. For the week, it rose nearly 1.4%, outperforming the broad market. Marathon's shares have outperformed the broad market for the year as well, gaining more than 31.05% compared to a gain of 6.55% for the S&P 500. On Friday, the stock hit an intra-day high of $83.18, which is close to its 52-week high of $83.75. Marathon Petroleum Corp. shares are currently trading well above their 50-day and 200-day moving averages, which is a bullish signal. The stock has seen a series of highs over the last one month, which further confirms the bullish trend. Free report on MPC can be accessed by registering at
HollyFrontier Shares Struggle
Shares of HollyFrontier Corp. struggled in Friday's trading session, ending the day 1.79% lower at $55.55 on volume of 3.02 million. Year-to-date, though, the company's shares have done well, gaining nearly 20%. The stock is currently trading well above its 50-day and 200-day moving averages. Register with Wall Street Active and download the research on HFC for free at
Disclaimer: WSA Financial is not a registered investment advisor, and nothing in this release is intended as a solicitation to buy or sell any security. Our pro-traders only aim is to educate investors based on their experience, and to share their knowhow.
Ravi S. Kapur
Telecommunication, Information & Data Manager
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