Kate Warne Later Quotations

I think it and the others will benefit as we see higher profits from the refining segment as well as from the oil production segment of their business. At Edward Jones, we're long-term investors, so we actually don't set target prices. But I think definitely the stock has room to rise. And I think the merger with Mobil ( MOB ) will in fact provide a bump in the stock price later this year.

Today's a day of waiting: waiting for earnings; after the retail sales report, waiting to see whether consumer picks up later in the year; waiting to see if OPEC cuts production,

Any little signal like this can lead people to sell first and to think about it later ... and it's partially a response to nervousness over whether the good times can continue,