Latest Updates on MRO
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Oil Oil Nearing Buy of the Century
It feels like forever since WTI crude hit 120 in June as it is sitting around $75 a barrel today as oil continues its plunged towards lowest levels of 2021.But this weakness could be getting close to lows says Money Morning trader Garrett Baldwin, who … Read more » -
Oil “Windfall Tax” or Not, These Oil Stocks Are Still a Buy
President Biden took another jab at Big Oil yesterday, taking aim at a record $30 billion in combined industry earnings this quarter.He threatened higher taxes on oil companies should they fail to work to lower consumer gas prices.Americans continue to … Read more » -
Stocks Grab the Three Cheapest, Best Oil Stocks to Buy This Morning
Oil is sitting at prices we haven't seen since 2018, and gas is averaging above $3.08 nationwide.You can more than offset the "pinch at the pump" with three small oil stocks Mark Sebastian's going to name.For less than the price of a … Read more » -
Options The 6 Biggest Options Trading Mistakes to Avoid
Many beginning investors focus on what they need to do to find success. And that is perfectly normal. After all, you need to select the right stock, the right option, and then buy it at the right price. But knowing when to … Read more » -
Options The Best Put Option to Buy on Robinhood Now That the Rally Stalled
If you've been profiting on the market's historic 40% rebound since March, you may have looked at Thursday's 7% plunge as derailing your gravy train. However, nothing could be further from the truth. While your call options did not … Read more » -
Options This Options Trading Strategy Could Double Your Money on Oil
The economic impact of the coronavirus outbreak is more apparent after the Dow Jones Industrial Average posted a more than 500-point loss Wednesday. But you already knew this was coming. We've been calling the "dead cat bounce" for … Read more » -
dow jones The Dow Jones Will Try to Bounce Back from Tuesday's Roller-Coaster Session
The Dow Jones will attempt to rebound today after a wild Tuesday trading session. Markets continue to weigh the rising number of coronavirus cases and the impending economic impact of the virus. Read more » -
Options Our Coronavirus Options Trading Strategy Is Bagging 1,000% Gains
You're stuck at home. Restaurants are shutting down. Retirement accounts are in shambles. Tom Gentile, Money Morning options trading specialist said this yesterday: "It didn't start yesterday, and it's not going to end … Read more » -
Options Should I Short Stocks Right Now?
Now that the bear market is official, the question on everyone's mind is whether they should sell their stocks and perhaps park their money elsewhere. Short answer: you should probably not short stocks right now. You should try … Read more » -
Options This Options Trading Strategy Got Readers 1,025% in 3 Weeks; Now It's Your Turn
The Dow Jones Industrial Average slid more than 2,000 points on March 9 (Monday). And while that's a jarring single-day loss, it wasn't all that surprising given current market fears. Concerns about coronavirus are no laughing … Read more » -
Options How to Trade Coronavirus Volatility for 450% Gains
Fears over the coronavirus have brought volatility back in a big way. Last week, the CBOE Volatility Index ($VIX) rocketed 88% higher. But don't let that scare you. Volatility means stocks move. That means more potential to … Read more » -
Trading Strategies Don't Be Scared of a Dropping Stock - Do This Instead
On Monday, Apple announced that it expects revenue to suffer this coming quarter - news that caused the stock to open a full 3% lower Tuesday morning. And AAPL is just the beginning. Revenue across multiple industries is … Read more » -
Trading Strategies These “Low-Priced Five” Are the Simplest Way to New Year's Profits
Our Tim Melvin doesn’t need to be a mathematician to make profits – and neither do you. All you need is a few simple rules and 20 minutes a month. In fact, that can help you outperform Wall Street by an average of 542%. … Read more » -
Dow Jones The Dow Jones Industrial Average Dips After Weak Earnings from Google Parent Company
The Dow Jones Industrial Average is on the decline after Alphabet Inc. (NASDAQ: GOOGL) saw a 23% year-over-year dip in profits. I have more on the Google parent's earnings miss below. Read more » -
Oil Tar Sands in Canada Are on the Verge of an Explosive Comeback
Energy investors wrote off Canada's tar sands after oil prices plummeted 50% since 2014. But that's a mistake, because this oil sands company has found a way to make a profit from the 300 billion barrels of oil there thanks to this tech … Read more »
