#xom stock price

[stockupdate]

Which Dividend King stock offers the highest yield?

Dividend Kings are companies that have consistently increased their dividends for at least 50 consecutive years. While they offer reliability and stability in dividend payouts, their dividend yields may not always be the highest among all dividend-paying stocks. The yield can vary based on factors such as the company's stock price and dividend payout ratio.

As of my last update in January 2022, it's essential to check the most recent data since stock prices and dividend yields can change over time. However, historically, some Dividend Kings with relatively high yields have included companies like AT&T (T), Consolidated Edison (ED), and ExxonMobil (XOM). Keep in mind that a high dividend yield doesn't always mean it's the best investment, as it could also indicate a struggling stock price or unsustainable dividend payout ratio. Always do thorough research before investing in any stock.

LTP Calculator Overview                              

LTP Calculator is a comprehensive stock market trading tool that focuses on providing real-time data, particularly the last traded price of various stocks. Its functionality extends beyond a conventional calculator, offering insights and analytics crucial for traders navigating the complexities of the stock market.

Also Available on Play store  -  Get the App

Key Features:

Real-time Last Traded Price:

The core feature of LTP Calculator is its ability to provide users with the latest information on stock prices. This real-time data empowers traders to make timely decisions based on the most recent market movements.

User-Friendly Interface:

Designed with traders in mind, LTP Calculator boasts a user-friendly interface that simplifies complex market data. This accessibility ensures that both novice and experienced traders can leverage the tool effectively.

Analytical Tools:

Beyond basic price information, LTP Calculator incorporates analytical tools that help users assess market trends, volatility, and potential risks. This multifaceted approach enables traders to develop a comprehensive understanding of the stocks they are dealing with.

Customizable Alerts:

Recognizing the importance of staying informed, LTP Calculator allows users to set customizable alerts for specific stocks. This feature ensures that traders receive timely notifications about significant market movements affecting their portfolio.

Vinay Prakash Tiwari - The Visionary Founder:

At the helm of LTP Calculator is Vinay Prakash Tiwari, a renowned figure in the stock market training arena. With a moniker like "Investment Daddy," Tiwari has earned respect for his expertise and commitment to empowering individuals in the financial domain.

Professional Background:

Vinay Prakash Tiwari brings a wealth of experience to the table, having traversed the intricacies of the stock market for several decades. His journey as a stock market trainer has equipped him with insights into the challenges faced by traders, inspiring him to develop tools like LTP Calculator.

Philosophy and Approach:

Tiwari's approach to stock market training revolves around education, empowerment, and simplifying complexities. LTP Calculator reflects this philosophy, offering a tool that aligns with his vision of making stock market information accessible and understandable for all.

Educational Initiatives:

Apart from his contributions as a tool developer, Vinay Prakash Tiwari has actively engaged in educational initiatives. Through online courses, webinars, and seminars, he has shared his knowledge with aspiring traders, reinforcing his commitment to fostering financial literacy.

In conclusion, LTP Calculator stands as a testament to Vinay Prakash Tiwari's dedication to enhancing the trading experience. As the financial landscape continues to evolve, tools like LTP Calculator and visionaries like Tiwari sir play a pivotal role in shaping a more informed and empowered community of traders.

[joekellyotcglobalholdings]

Exxon Mobil (XOM) vs. Adams Resources & Energy (AE) Which Energy Stock Is Poised for Weekly Gains?

Exxon Mobil (XOM) vs. Adams Resources & Energy (AE) – Which Energy Stock Is Poised for Weekly Gains? https://www.entrepreneur.com/finance/exxon-mobil-xom-vs-adams-resources-amp-energy-ae/463623 Given robust demand for oil and natural gas globally and surging crude oil prices, the energy sector is well-positioned for significant growth and profitability. Amid this backdrop, let’s compare energy... via Entrepreneur: Latest Articles https://www.entrepreneur.com/latest October 13, 2023 at 05:20AM

[ailtrahq]

Hotter Producer InflationPlease click here for a chart of SPDR S&P 500 ETF Trust SPY  which represents the benchmark stock market index S&P 500 (SPX).Note the following: The chart shows that the stock market moved up above the top band of the top support zone. The move up was driven primarily by market mechanics. Bulls are confident that market mechanics will drive the stock market to the mini resistance zone shown on the chart. Bulls have data to back up their belief. About two thirds of the market rise this year is due to market mechanics. Market mechanics tend to become extra powerful in November and December. Bulls are also pointing to the historical data that shows that the year end chase is to the upside in a year when the stock market has been up more than 10% going into the last quarter. Of course, prudent investors need to take into account the current conditions that are unique to this year. All investors should strive to develop deep knowledge of market mechanics to gain a big edge. Due to the high value, Wall Street professionals keep the details of market mechanics close to their chest. The best way to learn about market mechanics is to listen to the podcasts in Arora Ambassador Club. Producer Price Index came hotter than expected. Here are the details: Headline PPI came at 0.5% vs. 0.3% consensus. Core PPI came at 0.3% vs. 0.2% consensus. Wall Street has been positioned for better than expected PPI and CPI. Today PPI has dashed bulls’ hopes, but they are hanging tough, trusting that market mechanics will drive the stock market higher irrespective of the data. CPI will be released tomorrow at 8:30am ET. The latest consensus is 0.3% for both the headline and core. San Francisco Fed President Mary Daly commented that the neutral rate may now be at 3%. Stock market bulls are still hoping for a neutral rate of less than 2%. The Fed minutes will be released at 2pm ET. There is plenty of Fed speak ahead including Atlanta Fed President Raphael Bostic, Fed Governor Christopher Waller, and Boston Fed President Susan Collin. In The Arora Report analysis, the stock market is expecting dovish Fed minutes and dovish Fed speak. Hawkish Fed minutes or any hawkish Fed speak may cause the stock market to move down. The consensus in the market is that Israel will crush Hamas in Gaza as long as there is no northern front. The market has also concluded that there will be no northern front. However, prudent investors should stay alert to what is happening in the north. Rockets have been fired by Hezbollah from the north. Hezbollah is closely aligned with Iran. Exxon Mobil Corp XOM buying Pioneer Natural Resources Co PXD for $58B is generating positive sentiment. As an actionable item, the sum total of the foregoing is in the protection band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the protection band. Magnificent Seven Money FlowsIn the early trade, money flows are positive in Apple Inc AAPL, Amazon.com, Inc. AMZN, Alphabet Inc Class C GOOG, Meta Platforms Inc META, Microsoft Corp MSFT, NVIDIA Corp NVDA, and Tesla Inc TSLA.In the early trade, money flows are mixed in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1 QQQ.Momo Crowd And Smart Money In StocksThe momo crowd is buying stock in the early trade. Smart money is 🔒 in the early trade. To see the locked content, please click here to start a free trial.GoldThe momo crowd is buying gold in the early trade. Smart money is 🔒 in the early trade.For longer-term, please see gold and silver ratings.The most popular ETF for gold is SPDR Gold Trust GLD. The most popular ETF for silver is iShares Silver Trust SLV. OilThe momo crowd is selling oil in the early trade. Smart money is 🔒 oil in the early trade.For longer-term, please see oil ratings.The most popular ETF for oil is United States Oil ETF USO.BitcoinBitcoin BTC/USD is range bound.MarketsOur very, very short-term early stock market indicator is 🔒. This indicator,

with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades.Protection Band And What To Do NowIt is important for investors to look ahead and not in the rearview mirror.Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding 🔒 in cash or Treasury bills or allocated to short-term tactical trades; and short to medium-term hedges of 🔒, and short term hedges of 🔒. This is a good way to protect yourself and participate in the upside at the same time.You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market.Traditional 60/40 PortfolioProbability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.The Arora Report is known for its accurate calls. The Arora Report correctly called the 2008 financial crash, the start of a mega bull market in 2009, the COVID crash, the post-COVID bull market, and the 2022 bear market.  Please click here to sign up for a free forever Generate Wealth Newsletter.

[stockstr]

Top Companies by Market Cap

Top Companies by Market Cap

By market capitalization, as of January 2022, Apple (AAPL) is the biggest company at $2.652 trillion, followed by Microsoft (MSFT) at $2.222 trillion, Google (GOOGL) at $1.725 trillion, Amazon.com (AMZN) at $1.446 trillion, Tesla (TSLA) at $947.92 billion, and Meta (META), formerly Facebook, at $843.34 billion.

2

Back in 2007, Chinese energy giant PetroChina (PTR) reached an estimated market value of around $1 trillion. However, this valuation didn't stick. As of January 2022, PTR's market capitalization stood at just $146.95 billion.

3

Top Companies by Revenue

In terms of the biggest global companies by revenue, Walmart (WMT) comes in as number one—according to the Fortune 500 list. Walmart's revenues were $523,964 billion in 2021. Behind Walmart was State Grid with $383,906 billion in revenues, followed by Amazon with $280,522 billion, and China National Petroleum at $379,130 billion.

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Stock Strategy

Stock trading Strategy 

Sinopec Group ranks fifth with $407,009 billion in annual revenues, and the sixth and seventh spots are covered by Apple and CVS Health with $260,174 billion and $256,776 billion in yearly revenues, respectively.

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Based on only U.S.-headquartered companies' 2020 performance, Walmart still has the top spot, while Amazon comes in second. Exxon Mobil ranks third and Apple ranks fourth. Healthcare companies take up the fifth, seventh, and eighth spots: CVS, UnitedHealth Group, and McKesson, generating $256.78 billion, $242.15 billion, and $231.05 billion, respectively.

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Berkshire Hathaway ranks sixth with $254.62 billion in annual revenues, and the ninth and tenth spots are covered by AT&T and AmerisourceBergen at $181.19 billion and $179.59 billion in yearly revenues, respectively.

5

Based on only U.S.-headquartered companies' 2019 performance, Walmart still has the top spot, while ExxonMobil (XOM) comes in second with $290.21 billion a year in revenues. Apple ranks third with $265.59 billion and Berkshire Hathaway fourth with $247.84 billion. Healthcare companies take up the sixth through eighth spots: UnitedHealth Group, McKesson, and CVS, generating $226.25 billion, $214.32 billion, and $194.58 billion, respectively.

5

Stock Strategy

Stock trading Strategy 

Top Private Companies

In terms of private companies, Forbes ranks Minnesota-based Cargill as the largest private U.S. company with $134.4 billion in annual revenues. The company has 155,000 employees. Second is Koch Industries with $115 billion in revenues and 122,000 employees. Ranking third is the grocery chain Publix Super Markets, with $44.9 billion in annual revenue and 227,000 employees.

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The fourth and fifth largest private companies are Mars and H-E-B, which generate $40 billion and $32.8 billion, respectively. Each employs over 100,000 employees.

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The Bottom Line

On a pure market value measure, Apple has often been considered the most valuable, publicly traded company of all time. Although Microsoft did briefly hit the $2 trillion market cap mark in June 2021. It is certainly possible another company’s market cap will exceed these measures, and maybe—though less likely—another company will surpass Berkshire Hathaway as the highest priced single stock share.

[dragonflycap]

4 Trade Ideas for Exxon Mobil: Bonus Idea

Exxon Mobil, $XOM, comes into the week breaking to a new 3½ month high. This was also a move back over the 200 day SMA. Price is following the open Bollinger Bands® higher. The RSI is rising in the bullish zone with the MACD positive and moving higher. There is resistance at 113.75 and 114.50 then 117.25 and 119.50 with the all-time intraday high at 119.92. Support lower comes at 110.50 and 109 then 107.74. Short interest is low under 1%. The stock pays a dividend with an annual yield of 3.25% and will start to trade ex-dividend on August 15th. The company is expected to report earnings next on October 26th. 

The August options chain shows open interest spread from 112 to 100 on the put side and biggest at 108 then 110 and 120 on the call side. The September chain has biggest open interest at the 100 put and at the 110 and 115 call strikes. The October chain has open interest spread from 105 to 85, biggest at 95 and 90, on the put side. On the call side it is spread from 105 to 155, biggest at 110. Finally, the January chain is the first to cover the next earnings report. It has big open interest from 110 to 92.50 on the put side and from 100 to 130 on the call side.

Exxon Mobil, Ticker: $XOM

Trade Idea 1: Buy the stock on a move over 112 with a stop at 109.

Trade Idea 2: Buy the stock on a move over 112 and add a September 110/100 Put Spread ($2.03) while selling the October 120 Call ($1.50).

Trade Idea 3: Buy the October 115/September 120 Call Diagonal ($1.65) while selling the September 105 Put ($0.95).

Trade Idea 4: Buy the January 100/115/130 Call Spread Risk Reversal ($1.76).

If you like what you see sign up for more ideas and deeper analysis using this Get Premium link.  

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into the August options expiration, saw equity markets continue to show short term weakness fitting with the seasonal pattern.

Elsewhere look for Gold to continue its pullback while Crude Oil in on the verge of a breakout higher with strong momentum. The US Dollar Index continues a short term move to the upside while US Treasuries pullback. The Shanghai Composite looks to continue the pullback in consolidation while Emerging Markets consolidate.

The Volatility Index looks to remain low and better to the downside making the path easier for equity markets to the upside. The charts of SPY and QQQ look strong on the longer timeframe with the IWM in a broad consolidation. On the daily timeframe the IWM, the QQQ and the SPY all look messier with a bias lower short term. Use this information as you prepare for the coming week and trad’em well.

[howzthemarket]

Top 5 News Impacting the Stock Market Today

The stock market is a complex and dynamic environment that is affected by many factors, including economic indicators, geopolitical events, and corporate news. In the last 8 hours, several news stories have dominated the headlines, affecting various sectors of the stock market. In this blog post, we will discuss the five most impactful news stories and provide buy and sell stock recommendations based on the news. - The U.S. Economy Added 199,000 Jobs in February According to Reuters, the U.S. economy added 199,000 jobs in February, beating economists' expectations. The unemployment rate also dropped to 4.2%, the lowest since the start of the pandemic. This news is a positive sign for the economy and could lead to a rally in the stock market, particularly in the industrial and financial sectors. Recommendation: Buy stocks in the industrial and financial sectors, such as Caterpillar (CAT) and JPMorgan Chase & Co. (JPM). - GameStop Shares Plunge After Disappointing Earnings Report As reported by Bloomberg, GameStop shares fell by more than 12% after the company reported disappointing earnings for the fourth quarter of 2021. The company's revenue fell short of analysts' expectations, and the outlook for the future was not optimistic. This news could lead to a continued decline in GameStop's stock price. Recommendation: Sell GameStop (GME) stocks. - Oil Prices Continue to Rise According to CNN, oil prices have continued to rise due to the ongoing cold weather in Texas and other parts of the United States. The cold weather has disrupted oil production, leading to a decrease in supply and an increase in prices. This news is positive for the energy sector, particularly for oil and gas companies. Recommendation: Buy stocks in the energy sector, such as Exxon Mobil Corporation (XOM) and Chevron Corporation (CVX). - Bitcoin Hits New All-Time High Bloomberg reports that Bitcoin has hit a new all-time high, surpassing $52,000 per coin. The surge in Bitcoin's price is attributed to several factors, including increased institutional adoption and a weakening U.S. dollar. This news is positive for cryptocurrency investors and could lead to a continued increase in the value of Bitcoin. Recommendation: Buy Bitcoin (BTC) or invest in a cryptocurrency-focused exchange-traded fund (ETF), such as the Bitwise Crypto Industry Innovators ETF (BITQ). - Johnson & Johnson's Vaccine Receives Emergency Use Authorization According to Reuters, the U.S. Food and Drug Administration (FDA) has granted emergency use authorization for Johnson & Johnson's COVID-19 vaccine. This news is positive for the healthcare sector and could lead to a continued rally in healthcare stocks. Recommendation: Buy stocks in the healthcare sector, such as Johnson & Johnson (JNJ) and Pfizer Inc. (PFE). In conclusion, the stock market is constantly influenced by news events, and staying informed is crucial for investors and traders. The five news stories discussed in this blog post highlight the importance of diversification and keeping an eye on both positive and negative news. By following our recommendations and doing your own research, you can make informed investment decisions and take advantage of market opportunities. References: - U.S. adds 199,000 jobs in February, beating expectations - Reuters (https://www.reuters.com/business/us-adds-199000-jobs-february-beating-expectations-2022-03-04/) - GameStop Shares Plunge After Disappointing Earnings Report - Bloomberg (https://www.bloomberg.com/news/articles/2022-03-04/gamestop-shares-plunge-after-disappointing-earnings-report) - Oil prices surge to highest in over a year amid supply disruption - CNN Business (https://www.cnn.com/2022/03/04/investing/oil-prices-supply-disruption/index.html) - Bitcoin Surges Past $52,000 After Outflows From Grayscale's Trust - Bloomberg (https://www.bloomberg.com/news/articles/2022-03-04/bitcoin-surges-past-52-000-after-outflows-from-grayscale-s-trust) - J&J's COVID-19 vaccine wins U.S. emergency use authorization - Reuters (https://www.reuters.com/business/healthcare-pharmaceuticals/us-fda-grants-jjs-covid-19-vaccine-emergency-use-authorization-2022-03-04/) Please note that the stock recommendations provided in this blog post are based on the news and market trends as of the time of writing. As the market is constantly changing, we advise investors and traders to conduct their own research and consider their personal financial goals before making any investment decisions. Read the full article

[newzzwired]

Why ExxonMobil Stock Withered on Wednesday

Why ExxonMobil Stock Withered on Wednesday

What happened Mighty oil and gas giant ExxonMobil (XOM -1.64%) wasn’t too strong on the stock exchange Wednesday. Investors got a stark reminder that their company might be on the hook for big tax bills, and this concern helped drive its share price down by almost 2% on the day. So what ExxonMobil is suing the European Union (E.U.) to block the implementation of a temporary windfall tax. The…

[businessnewss]

Hot Stocks: Energy stocks rise; CALM sets 52-week high; NTNX, FATE slide

Hot Stocks: Energy stocks rise; CALM sets 52-week high; NTNX, FATE slide

Headed into the three-day holiday weekend, stocks posted mild gains on Friday. This continued the choppy trading that dominated the week, as investors worried about monetary policy and the fate of the economy. Energy stocks helped bolster the overall market, boosted by a rise in oil prices. The sector advance included gains in names like ConocoPhillips (COP), Chevron (CVX), Exxon (XOM), Valero…

[alphst]

Chevron vs. ExxonMobil: Which energy stock is a better buy?

#Chevron vs. #ExxonMobil: Which energy stock is a better buy?

When the coronavirus crisis and macroeconomic issues played havoc with stock markets, the energy sector was an exception — with top players like ExxonMobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) shifting to growth mode and reaching record highs in recent weeks. Of late, energy companies have been riding the steady rise in oil prices amid economic uncertainties and…

[stockinvesthub]

Latest Stock Market News Today: Stocks rise as November begins, job openings and Uber earnings on tap. | November 01, 2022 | Live Updates from – Fox Business

Latest Stock Market News Today: Stocks rise as November begins, job openings and Uber earnings on tap. | November 01, 2022 | Live Updates from – Fox Business

Symbol Price Change %Change USO $71.53 -1.29 -1.77 CVX $180.90 0.92 0.51 XOM $110.81 0.11 0.10 Oil prices rose more than 1% on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world’s second-largest oil consumer.  Brent crude for January delivery rose $1.53, or 1.7%, to $94.34…

[karen-anti-r-cml]

October 28, 2022 Exxon Mobil Corp Officials.: announced they raked in a stunning $19.66 Billion in 2022 third-quarter profits... The company with a 152-year history has never seen so much profit in one quarter 

After a year of unnecessarily high gas prices, the unprecedented profits prove Price Gouging, which republican/trumpublicans helped them pull off. After this shameful year of robbing the Majority of United States Citizens, darren woods, ceo of Exxon Mobil Corp. had this to say

woods: “There has been discussion in the US about our industry returning some of our profits directly to the American people. That’s exactly what we’re doing in the form of our quarterly dividend.”

Top 10 Owners of EMC: All are million/billion dollar companies

Top 10 Mutual Funds Holding EMC: All are million/billion dollar companies

Individual Shareholders of EMC: Only make up about 0.83%

EMC is a U.S. Company, but Shareholders: EMC is Internationally Traded and Shareholders are from all over the world. No matter how we look at woods is simply trying to Gaslight US

Thankfully our President Joe Biden is calling out woods and other U.S. Oil Companies Official!

Biden, last week during a White House speech: “My message to the American energy companies is this: You should not be using your profits to buy back stock or for dividends. Not now. Not while a war is raging. You should use those record-breaking profits to increase production and refining. Invest in America for the American people.”

October 27, 2022: Biden highlighted gas prices have come down in recent weeks, but stressed they’d be even lower if not for industry profiteering.

Biden: “There used to be a direct correlation: A barrel of oil goes down, the price at the pump goes down at the same time. If we’re taking average profits they’ve been making over the last 20 years instead of the historic profits they’re making today, the price of gas would be down an additional 40 cents today.”

Biden: “Can’t believe I have to say this but giving profits to shareholders is not the same as bringing prices down for American families,”

October 28, 2022: Sad to write, but it’s not just EMC 4 of the world’s 5 largest Oil Companies Exxon, Chevron, Shell and  Total reported nearly $50 Billion in combined third-quarter profits,... All because of Price Gouging. 

Shell took their profit and made the obscenely Rich, even richer by raising its dividend and in the 4th quarter they plan to buy back $4 billion in stock

Robber Baron John D. Rockefeller made his immense riches from monopolizing America’s oil industry. 

1890: The Sherman Antitrust Act was made law for because of people like him: The law banned businesses from colluding or merging to form a monopoly. The law prevented these groups from dictating, controlling, and manipulating prices in a particular market.

Robber Barons Are Back and They Are A Threat To All Of US

October 2022: It seems the world’s top 5 have found a work around and it’s time for a new Law to Protect We the People from their greed

“ Biden Spars With Oil Executives Over Industry's Record Profits” https://www.huffpost.com/entry/biden-oil-companies-record-profits-dividends_n_635c122be4b0cf522df875a5

“Earnings Call - 3Q 2022″ https:/corporate.exxonmobil.com/investors/investor-relations

“Exxon Mobil Corp” https://money.cnn.com/quote/shareholders/shareholders.html?symb=XOM&subView=institutional

[joekellyotcglobalholdings]

3 Energy Stock Investments Beating Exxon Mobil (XOM)

3 Energy Stock Investments Beating Exxon Mobil (XOM) https://www.entrepreneur.com/finance/3-energy-stock-investments-beating-exxon-mobil-xom/462979 Considering the burgeoning crude oil prices, the energy sector has considerable potential for significant expansion this year. Given this backdrop, quality energy stocks TotalEnergies SE (TTE), Marathon Petroleum Corporation (MPC),... via Entrepreneur: Latest Articles https://www.entrepreneur.com/latest October 02, 2023 at 06:11AM

[ailtrahq]

Exxon Mobil Corp., XOM stock price holds the $112.00 support and rises upward by forming higher high candles.  Recently, Exxon stock price attempted to break out of the $120.00 hurdle to expand the range upward. But buyers failed to give the follow-up momentum and prices again reversed down to test the EMA.  XOM stock price is sustaining above the upward-sloping 50-day and 200-day EMA. It shows that the positional trend is in an upward direction. However, the current price has gone far away from the EMA so a short-term retracement is possible.  Exxon stock price consolidated for quite a long time in the narrow range between $100.00 to $107.00.  It formed a strong base and some genuine investors might have accumulated at lower levels. Therefore, if correction triggers from the higher levels, the buyer is expected to remain active near $107.00.  The price action shows that the $112.00 will act as immediate support for bulls. Till the Exxon stock holds the support the prices are expected to bounce back. XOM stock price closed the previous session at $117.58 with an intraday decline of -1.58%. The market capitalization stands at $470. 70 Billion. Will Exxon – XOM Stock Price Expand the Range Upward? XOM stock price faced rejection from the $120.00 hurdle. However, it did not collapse much and seems to be getting stuck into a narrow range. The price action shows that Exxon Mobil stock might spend some time in the range between $112.00 to $120.00.  If the stock consolidates in this range then it will form a new base and increase the possibility of the range expansion. However, if prices drop below $112.00 then 4% to 5% more downside is possible. Exxon Stock Price is on Slow and Steady Rise  Exxon stock price is bullish on a weekly time frame. Slow and steady stock prices recovered from the previous losses and reached a YTD high. It shows that genuine buyers are active and the downside looks limited.  The next phase of a rally in the XOM stock will trigger when buyers are able to break the $120.00 hurdle. Till then prices are expected to consolidate in a range.  The MACD curve slopes sideways denoting prices lacking momentum and may trade range bound. The RSI at 58 reversing down from the overbought territory and might reach the neutral zone. Conclusion Exxon Mobil Corp. XOM stock price tried to break the $120.00 hurdle. However, due to the strong presence of sellers, prices faced rejection. The analysis suggests that the Exxon stock price might consolidate for some time near the supply zone before showing the final breakout. Technical levels Resistance levels: $120.56 and $124.00 Support levels: $112.29 and $107.63

[friendlytrust]

Stocks to buy now

Stocks to buy now free#

Costco Wholesale Corporation (NASDAQ:COST) also holds a strong dividend history, raising its dividends consecutively for the past 18 years.

Stocks to buy now free#

It generated $373 million in free cash flow in its fiscal Q3 2022, up from $322 million in the previous quarter. In June 2022, the company’s net sales rose by 20.4% year-over-year to $22.7 billion. In the past year, the stock gained 24.9% while its five-year returns came in at 247.3%, as of August 3.ĭuring the recession of 2020, Costco Wholesale Corporation (NASDAQ:COST) reported a 9.3% growth in its net sales to $163.2 million. Costco Wholesale Corporation (NASDAQ: COST)Ĭostco Wholesale Corporation (NASDAQ:COST) is an American multinational big-box store company that also operates a chain of retail stores. Dividend Stocks to Buy Now Before Recession Begins 10. These companies have shown strong financials in their recent earnings report and also hold strong track records of consistent dividend growth. The companies mentioned below are defensive stocks, providing products and services that are vital in every market condition. In this article, we will further elaborate on dividend stocks to buy now before the recession begins. Some stocks to consider in this context are The Coca-Cola Company (NYSE: KO), Johnson & Johnson (NYSE: JNJ), and Exxon Mobil Corporation (NYSE: XOM). Dividend companies that exhibit solid financials survive the recessionary periods better as dividend payments of these companies usually don’t fall with stock prices. He further mentioned that the recession of 2020 resulted in a mere 3% decline in dividend payments. According to Ben Snider, a senior equity strategist at Goldman Sachs, the average decline in dividend payments by the S&P 500 companies was just 1% during 12 recessionary periods since WWII. Considering this situation, investors are putting their money in dividend stocks to protect their capital.