The beginning of the year typically marks a time of optimism as people recommit themselves to achieving their New Year's resolutions, and many turn to the Internet for assistance in planning and executing these goals. Rather than procrastinate until April, many Americans went online in January to file their taxes. Some decided it was time to shed those excess holiday pounds with assistance from online health resources, while others sought assistance with job changes or used the Internet to snag late-winter vacation deals.
Quotes about late-winter (3 Quotes)
While a late-winter cold snap or cool spring could whittle down some of the storage surplus, it is probably too late to prevent stocks from ending the heating season at record-high levels.
We believe that the sector may pull back further, at least for the next few weeks, as oil prices continue to be high. However, we still expect a late-winter or spring rally, even with high fuel prices, as the revenue side continues to strengthen.