Marriott's most recent trend suggests a bullish bias. One trading opportunity on Marriott is a Bull Put Spread using a strike $110.00 short put and a strike $100.00 long put offers a potential 12.99% 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 $110.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $8.85 would be incurred if the stock dropped below the $100.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Marriott is bearish and the probability of a decline 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 72.16 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Marriott
Marriott International Appoints Rena Reiss Executive Vice President and General Counsel
Thu, 19 Oct 2017 13:45:00 +0000
BETHESDA, Md., Oct. 19, 2017 /PRNewswire/ — Marriott International, Inc. (MAR) today announced the appointment of Rena Hozore Reiss as Executive Vice President and General Counsel, reporting to President and Chief Executive Officer Arne Sorenson and serving as a member of the company's executive team. Ms. Reiss, who was most recently Executive Vice President, General Counsel and Corporate Secretary at Hyatt Hotels Corporation, will officially start on December 4. A Marriott veteran, having served in the company's Law Department from 2000 to 2010, Ms. Reiss last held the position of Senior Vice President and Associate General Counsel.
JW Marriott Hotels & Resorts and FOOD & WINE Announce Inaugural Venice Food & Wine Festival
Thu, 19 Oct 2017 13:23:00 +0000
FOOD & WINE'S First European Festival to be Held at JW Marriott Venice Resort & Spa from May 3-6, 2018 NEW YORK , Oct. 19, 2017 /PRNewswire/ — JW Marriott Hotels & Resorts and Time Inc.'s (NYSE: TIME) …
Renaissance Hotels & Chef Andrew Zimmern Are Back With A Second Serving Of The Original Digital Series “The Navigator's Table”
Wed, 18 Oct 2017 13:09:00 +0000
Renaissance Hotels, part of Marriott International, Inc., today announced the premiere of its second season of “The Navigator's Table,” an original video series featuring four-time James Beard award winner and Renaissance Hotels' global navigator, Andrew Zimmern. The unscripted series travels to Charleston, New York City and Dubai, and taps an eclectic list of notable chefs and culinary influencers to uncover the soul of the neighborhood.
See what the IHS Markit Score report has to say about Marriott International Inc.
Wed, 18 Oct 2017 12:00:53 +0000
Marriott International Inc NASDAQ/NGS:MAR
World Series Champion Paul O'Neill Challenges Starwood Preferred Guest (SPG) Member to a Home Run Hitting Contest – and Comes in Second
Tue, 17 Oct 2017 21:31:00 +0000
BETHESDA, Md., Oct. 17, 2017 /PRNewswire/ — In the chance of a lifetime for any passionate baseball fan, one lucky member of Starwood Preferred Guest (SPG), an award-winning loyalty program from Marriott International, got to form a team and slug it out against baseball legend Paul O'Neill in a home run hitting contest. There was a surprising and humorous twist in the final round as O'Neill took his swings with a plastic bat and ball to level the playing field. Patrick Annello used the SPG Starpoints he earned to bid and win the “Go to Bat with Paul O'Neill” master class.
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