MRO
Industry: Oil and Defense
October 9, 2023, 10:44 am EDT Oil and Defense Hamas attacked Israel with thousands of bombs and ground invasion during the weekend. Its severity is the worst in the past 50 years. In our opinion, Syri...
Stock Market Today: A Bearish Tone
March 21, 2022, 1:55 pm EDT A Bearish Tone Although markets gave a 4-day rebound last week, it is likely to fail as a bearish tone given today. Both the Russia-Ukraine war and the Fed rate hike policy...
Stock Market Today: Watch out Next Week
March 4, 2022, 2:58 pm EST Watch out Next Week As we all know the intensity of the war is reshaping the global direction of the economy, politics, and military operations. The damage is already done a...
Stock Charts: Squeezed Between Short and Long Term Lines (SPY)
February 5, 2022, 8:08 pm EST Squeezed Between Short and Long Term Lines (SPY) The past 1-2 week was full of wild actions caused by earnings reports (AMZN, FB, GOOGL, NFLX) where major indexes settle...
Stock Market Today: A Shining Bank in the Tough Time
January 14, 2022, 10:39 am EST A Shining Bank in the Tough Time Wells Fargo (WFC) jumped another +4% today after the earnings report. WFC made a strong gain on the first trading day of 2022 so it got ...
Stock Picks: Energy Running Race: Marathon Oil Corp (MRO)
June 1, 2021, 12:08 pm EDT Energy Running Race: Marathon Oil Corp (MRO) The form of collective animal behavior associated with this is called herding (Wikipedia). It can apply to commodity stocks like...
Stock Market Today: Commodity Leads Again
June 1, 2021, 10:01 am EDT Commodity Leads Again Commodity leads the stock market again on the first day of June. Energy shows many new breakouts (DVN, MRO, APA, OXY, EOG). Materials also bring a lot ...
Stock Market Today: Dollar Falls and Energy Jumps
April 28, 2021, 1:02 pm EDT Dollar Falls and Energy Jumps The falling US dollar may be one of the driving power behind rising oil and energy stocks today. (NOV, APA, DVN, HES, MRO, FANG, XEC all +5% n...
Market News: Market Leaders – Energy
Ask yourself this question: Who are the leading sectors and stocks in monthly, weekly and even today’s performance ? The answer may surprise you because it is not technology / internet (AMZN, AAPL, FB...