Marriott's most recent trend suggests a bullish bias. One trading opportunity on Marriott is a Bull Put Spread using a strike $100.00 short put and a strike $95.00 long put offers a potential 12.36% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $100.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $95.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Marriott is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Marriott is bullish.
The RSI indicator is at 74.72 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Marriott
St. Regis Hotels & Resorts Opens In The Heart Of Shanghai`s Cultural And Business Center
Mon, 22 May 2017 20:26:00 +0000
BETHESDA, Md., May 22, 2017 /PRNewswire/ — St. Regis Hotels & Resorts today announced the highly-anticipated opening of The St. Regis Shanghai Jingan, marking the renowned luxury brand's ninth hotel in the Greater China region. Owned by B.M. Holding, the hotel offers an exceptional experience that features a timeless blend of innovation and tradition, including the signature St. Regis Butler Service, unique culinary venues, and elegant design. “Shanghai's cosmopolitan spirit is perfectly matched by The St. Regis Shanghai Jingan, which through unrivaled service and personalized experiences will bring to life the modern glamour that defines this city,” said Lisa Holladay, Global Brand Leader, St. Regis Hotels & Resorts.
Illuminating Hudson, New York: Historic Candle Factory Transformed To Become Iconic Hotel For Tribute Portfolio
Mon, 22 May 2017 16:22:00 +0000
BETHESDA, Md., May 22, 2017 /PRNewswire/ — Marriott International, Inc. (MAR) with Redburn Development today announced the signing and groundbreaking of The Wick as part of Tribute Portfolio, the company's newest brand of exceptional independent hotels around the world. With its captivating design, The Wick is poised shine a light on Hudson for global travelers and local residents –two hours north of New York City and one block from Amtrak station. “Hudson has become a home away from home for those in the know, and is gaining momentum as a sought-after destination with its indie-spirit and vibrant social scene,” said Julius Robinson, Vice President and Global Brand Lead, Tribute Portfolio.
[$$] AmerisourceBergen and AbbVie Top Barron's 500
Sat, 20 May 2017 05:23:00 +0000
Like its rivals Cardinal Health (No. 7) and McKesson (No. 73), Amerisource has been buffeted by Wall Street’s concerns about pricing pressure on branded and generic drugs. SEE THE FULL LIST OF THE BARRON’S 500 Amerisource (ABC) “is a key cog within the pharmaceutical industry, as many other supply-chain participants are dependent upon its services for streamlined product distribution and procurement,” notes Vishnu Lekraj, a Morningstar analyst. Sales growth, as it happens, is one of three components in our annual ranking, which spotlights companies that do the best job of boosting revenue and investing for growth.
3 Top Hotel Stocks to Buy in 2017
Fri, 19 May 2017 17:43:00 +0000
Here are three different ways to invest in hotels that could be excellent additions to your portfolio.
Marriott Raises the Roof on Stock Prices
Thu, 18 May 2017 19:39:00 +0000
The stock has been hot since late October.
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