On Thursday January 11th ( earlier today) WTI Crude prices gyrated widely likely in reaction to US /UK intervention on the terrorists who seized a tanker on the behalf of Iraq in the Red Sea / Suez Canal area putting shipping and supply concerns into the oil industry to offset any weak demand. The 15 minute chart shows a megaphone pattern as a...
An Idea suggesting an uptrend in green on MRO Following a breakout of the down channel in red Stock idea Weekly
An Idea for MRO stock, suggesting an inverse H&S formation, with only the right shoulder yet to form This will result in a bearish move, yet once completed bullish movement should resume as it enters a huge sideways channel which I consider to be really bullish for price in the long run as it will want to break out to the upside
Bought a weekly call option on MRO to hedge against market correction. Marathon Oil is one of the US’s largest oil producers. If Russia invades Ukraine, I believe it will absorb a large percentage of global oil supply, and American oil refineries will possibly receive help from US govt. to ensure we have adequate supply. This is a short term play for me to...
Gas prices have increased to over $2 a gallon. This stock was trading at $8.43 when gas prices were slashed in half during a stay at home order! People are back to work or traveling during the fourth of July. LONG LONG ...
$MRO is an oil name that looks interesting with crude at $20 a barrel. $MRO is pretty strong financially and trades at just 0.21x book, 3.28x cash, and 1.13x FCF. There's also been a lot of insider buying recently. Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total SEC Form 4 TILLMAN LEE M Chairman, President and CEO Mar...