The relative strength/seasonality screen applied to the sectors tells us that energy is top-ranked for December.
Valero is number one in the energy sector for the month of December in this top-ranked sector. The histogram below tells us that the stock has risen 72% and 68% respectively in the months of December and January. From November 30th through yearend, the stock has risen 71% of the time over the last 24 years. The technical picture is supportive of higher prices, likely to the $150 area.
Valero Monthly Histogram Of Expected Return
Blue: Average Percentage Change
Red: Probability of a rise on that day
Green: Expected Return (Product of the first 2)
Valero Daily Graph
The Interpublic Group
IPG Monthly Histogram
Blue: Average Percentage Change
Red: Probability of a rise on that day
Green: Expected Return (Product of the first 2)
IPG Daily Graph
Source: https://www.forbes.com/sites/greatspeculations/2022/11/28/stocks-this-week-buy-valero-and-interpublic-group-of-companies/