In today’s Friday Digest takeover, veteran trader Jonathan Rose highlights the two market indicators he watches during periods of energy stress – and explains why he believes they may already be flashing another major opportunity in oil and refinery stocks.

Oil volatility is rising. Crack spreads and backwardation are flashing signals that could point to refiner-stock opportunities.

In today’s Friday Digest takeover, veteran trader Jonathan Rose highlights the two market indicators he watches during periods of energy stress – and explains why he believes they…