Top 10 S&P 500 stocks by Momentum score

🛢️ Valero Energy 100 $VLO
🛢️ Marathon Petroleum 100 $MPC
💻 Palo Alto 99 $PANW
🛢️ Targa Resources 99 $TRGP
🏢 Welltower 99 $WELL
🛢️ Phillips 66 99 $PSX
💻 CrowdStrike 99 $CRWD
🏦 BNY Mellon 99 $BNY
💻 Fortinet 98 $FTNT
🏥 DaVita 98 $DVA

Oil refiners Valero and Marathon beat the market on every horizon after the 3-2-1 crack spread (the margin refiners earn turning crude into gasoline and diesel) hit a record high this week.

The driver is a global fuel shortage: Russia banned most diesel exports after drone strikes on its refineries, and the Iran war and tension around the Strait of Hormuz are choking Middle East supply.