Marriott's most recent trend suggests a bullish bias. One trading opportunity on Marriott is a Bull Put Spread using a strike $99.50 short put and a strike $94.00 long put offers a potential 11.11% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $99.50 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.95 would be incurred if the stock dropped below the $94.00 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 34.91 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Marriott
Marriott International Announces Release Date For Second Quarter 2017 Earnings
Fri, 14 Jul 2017 18:10:00 +0000
BETHESDA, Md. , July 14, 2017 /PRNewswire/ — Marriott International, Inc. (NASDAQ: MAR) will report second quarter 2017 earnings results on Monday, August 7, 2017 , after market close, to be followed …
Zacks Industry Outlook Highlights: Expedia, TripAdvisor, Priceline Group, Marriott International and Hilton Worldwide Holdings
Fri, 14 Jul 2017 13:30:01 +0000
Zacks Industry Outlook Highlights: Expedia, TripAdvisor, Priceline Group, Marriott International and Hilton Worldwide Holdings
WSJ report: Baltimore Marriott Waterfront built with combustible panels
Thu, 13 Jul 2017 19:15:10 +0000
The outer layer of Baltimore's Marriott Waterfront Hotel is constructed of the same material that was used as the outer layer of a residential housing tower in London that burned in a tragic, deadly fire last month, according to a story in the Wall Street Journal. The newspaper reported Tuesday that construction of the 750-room, 32-story Marriott Waterfront hotel included the use of 83,000 square feet of Reynobond PE, a highly combustible exterior panel made with polyethylene. The panels were used in the construction of the Grenfell Tower in London, which caught fire on June 14 killing at least 80.
Hotel, Cruise Stocks Are Booming Amid Trump Travel Ban
Thu, 13 Jul 2017 10:00:00 +0000
Hotel, casino and cruise line stocks have been surging.
JBG Smith to establish new headquarters after merger
Wed, 12 Jul 2017 20:31:26 +0000
JBG Smith Properties plans to establish its headquarters in a new trophy building to be developed in downtown Bethesda, not far from what's now The JBG Cos.' headquarters in Chevy Chase. The announcement comes as JBG Smith, the combination of JBG with the D.C. business unit of Vornado Realty Trust (VNO), prepares to become a publicly traded company later this month. JBG Smith will occupy the lower floors of a planned office tower that The JBG Cos. itself is developing at 4747 Bethesda Ave., three blocks from the Bethesda Metro stop.
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