Hess Corporation's most recent trend suggests a bullish bias. One trading opportunity on Hess Corporation is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 9.41% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock dropped below the $55.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Hess Corporation 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 Hess Corporation is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 Hess Corporation
What Is Hess Corporation’s (NYSE:HES) Share Price Doing?
Fri, 18 May 2018 21:47:11 +0000
Let’s talk about the popular Hess Corporation (NYSE:HES). The company’s shares saw a significant share price rise of over 20% in the past couple of months on the NYSE. AsRead More…
Rising Crude Oil Prices Could Impact US Natural Gas Supplies
Fri, 18 May 2018 15:55:08 +0000
High crude oil prices and the improving natural gas pipeline capacity in the US have been driving the rise in natural gas supplies. WTI oil prices have risen ~68.1% since June 21, 2017. The decline in OECD oil inventories, geopolitical tensions, and ongoing production cuts are driving oil prices higher.
Are You Looking at the Right Oil-Weighted Stocks?
Thu, 17 May 2018 15:07:16 +0000
On May 16, US crude oil June futures rose 0.3% and closed at $71.49 per barrel, a more-than-three-year high. Market concerns over the United States exiting the 2015 Iran nuclear deal and unraveling Venezuelan production are driving oil prices higher.
Oil Climbs After Another Weekly Fall in U.S. Crude Stocks
Thu, 17 May 2018 14:32:02 +0000
U.S. crude oil and petroleum product inventories fell last week even as production hit record highs, the EIA said on Wednesday in a majorly bullish report.
This under-the-radar market sector can shift your stock portfolio into overdrive
Thu, 17 May 2018 12:44:41 +0000
After all, what’s more impressive than a small-cap cybersecurity stock or cloud-computing startup that doubles your money in short order? Select materials companies, including oil and gas firms as well as metal and chemical companies, have been booming — and outperforming even big-name picks like Apple (AAPL) and Alphabet (GOOGL) (GOOG) in 2018. Sure, some stocks have been under pressure — like Freeport-McMoRan (FCX) , which has tumbled 12% in the last month after reporting poor earnings, or Arconic (ARNC) , which imploded on fears of a trade war and is currently down over 30% so far this year.
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