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 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...
MRO this stock instrument is trending higher, making new highs each day
The green arrows on the momentum oscillator confirm the present trend direction
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MRO this stock instrument is making new daily highs everyday
The momentum oscillator displays green up arrows which confirm the present trend direction
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