Exxon Mobil (XOM) Trading Higher Despite Falling Oil Prices
Posted: Friday, September 03, 2010 2:11 PM EDT
By: Market Intelligence Center Staff
Exxon Mobil (NYSE: XOM) opened at $61.20. So far today, the stock has hit a low of $60.75 and a high of $61.60. XOM is now trading at $61.18, up $0.12 (0.19%). The stock hit its 52-Week high of $76.54 in November and set its 52-Week low of $55.94 in July. XOM is trading higher today with the overall market despite falling oil prices. Oil is down $0.97 a barrel today to $74.05, while the Dow Jones is up 1.1% on the day. Technical indicators for the stock are bullish and S&P gives XOM a positive 5 STARS (out of 5) strong buy ranking. If you are looking for a hedged play on XOM the stock seems like it could be a candidate for a November out-of-the-money bull-put credit spread below the 40 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Exxon Mobil (XOM) Stock ReportSee what our analysts have uncovered about Exxon Mobil (XOM).
More News For Exxon Mobil (XOM):
Exxon Mobil (XOM) Trading Near $83.71 Support Level
Monday, February 06, 2012... Exxon Mobil (NYSE:XOM) closed Friday's dramatic trading session at $84.92. In the past year, the stock has hit a 52-week low of $67.03 and 52-week......
http://www.marketintelligencecenter.com/analyfav/1332686
Exxon Mobil (XOM) Down 1% as Production Falls 9%
Tuesday, January 31, 2012... Exxon Mobil (NYSE: XOM) slid Friday after the company reported inline earnings on higher prices and asset sales, but also a 9% decline in......
http://www.marketintelligencecenter.com/newsbites/1331537
Potential Exxon Mobil (XOM) Trade Targets 13.43% Return
Tuesday, January 31, 2012... Exxon Mobil Corp (NYSE: XOM) closed Monday's trading session at $85.49. In the past year, the stock has hit a 52-week low of $67.03 and 52-week high......
http://www.marketintelligencecenter.com/analyfav/1331363
Is Exxon Mobil (XOM) Running Out of Gas?
Tuesday, January 31, 2012... Oil giant Exxon Mobil (XOM) reported its fourth quarter earnings Tuesday, and on the surface the report looked fantastic, but the stock fell once the......
http://www.marketintelligencecenter.com/specialreports/1331553
blog comments powered by