Marriott's most recent trend suggests a bullish bias. One trading opportunity on Marriott is a Bull Put Spread using a strike $104.00 short put and a strike $99.00 long put offers a potential 16.28% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $104.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock dropped below the $99.00 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 78.41 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
Marriott CEO not scared by Denver's growing tidal wave of hotel rooms
Thu, 25 May 2017 05:58:45 +0000
Marriott International CEO Arne Sorenson is betting big that the boom in visitors to Denver will grow even more than the current boom of hotels in and around the city — and a new study says he probably is right. Sorenson came to Denver Wednesday to get a closer look at the Le Méridien/AC Hotel Denver Downtown, the 495-room dual-branded lodging property at the corner of 15th and California streets that is slated to open in September. “I think Denver will continue to draw disproportionately” compared to the rest of the country, Sorenson said in an interview before guiding local officials, including Mayor Michael Hancock, through the 20-story structure.
World's Biggest Hotels 2017: Marriott Leads The Pack, Hilton Falls
Wed, 24 May 2017 14:39:00 +0000
(AP Photo/Rick Bowmer) It was a good year for the hotel industry as occupancy levels hit record highs in 2016. The big news of the year was Marriott's mega acquisition of rival Starwood. The multi billion dollar deal gave Marriott a clear advantage on many key fronts. The result puts the Bethesda, MD
JD.com, NeoPhotonics, Marriott International, Marriott Vacations Worldwide and China Lodging Group highlighted as Zacks Bull and Bear of the Day
Wed, 24 May 2017 13:30:01 +0000
JD.com, NeoPhotonics, Marriott International, Marriott Vacations Worldwide and China Lodging Group highlighted as Zacks Bull and Bear of the Day
Post Earnings Coverage as Marriott's Revenue Soared 48%; Adjusted EPS Grew 38%
Wed, 24 May 2017 12:15:00 +0000
Upcoming AWS Coverage on Hyatt Hotels Post-Earnings Results LONDON, UK / ACCESSWIRE / May 24, 2017 / Active Wall St. announces its post-earnings coverage on Marriott International, Inc. (NASDAQ: MAR ). …
Hotel chains ditch traditional guest rooms
Tue, 23 May 2017 18:26:00 +0000
Hotel chains are rethinking the way the design their guest room spaces.
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