US OptionsDetailed Quotes

MPC240726C167500

Watchlist

5.08
+0.58+12.89%

15min DelayClose Jul 26 16:00 ET

5.20High2.75Low

Marathon Petroleum Stock Discussion

CHFANTA

Jul 25 09:55

$Marathon Petroleum(MPC.US)$
this should be $300 over

CHFANTA

Jun 12 10:51

$Marathon Petroleum(MPC.US)$ damn, i sold my puts before the big dump

Moomoo News Global

Jun 5 07:52

Columns Wall Street Continues Bullish on Resource Stocks Despite Recent Commodity Price Pullback

Outperforming mining and energy stocks are set for further gains as a constructive backdrop for commodity prices and demand is set to support earnings.
Basic resources and energy shares have outpaced the benchmark over the past three months, despite May’s drop in crude prices. Wall Street continues to be bullish on mining and energy stocks, believing that the shareholder payouts and a wide discount to the mar...

Stock_Drift

Apr 14 08:39

Possible Energy Stocks doing some moving around Monday 4/15/2024⚡️⚡️⚡️⚡️⚡️

$Pioneer Natural Resources(PXD.US)$ $Phillips 66(PSX.US)$ $Schlumberger(SLB.US)$ $Marathon Petroleum(MPC.US)$ $ConocoPhillips(COP.US)$ $Eco (Atlantic) Oil & Gas Ltd(EOG.CA)$ $Chevron(CVX.US)$ $Exxon Mobil(XOM.US)$

Analysts Notebook

Apr 8 07:50

Columns The Power Behind Wall Street's 2024 Energy Stocks Rally: Climbing Oil Prices, Geopolitical Risks, AI Boom and More

Energy stocks are outpacing the $S&P 500 Index(.SPX.US)$'s 9.1% gain this year to date after the sector emerged as the top performer among the index's 11 sectors in March. So far this year, the sector is the second-best performer after only the megacap-tech-heavy communication-services group.
The surge in energy stocks in 2024 isn't just due to climbing crude oil prices, which are at...

Jessica Amir

Apr 8 03:47

Columns The trifecta market tests this week versus this years top-performing S&P500 stocks

Markets will be tested this week for a trifecta of reasons this week.
Firstly, the US economy continues to steam train ahead (just look at the stellar US jobs report), so bets of a Fed rate cut in June continue to be eroded, while bets of those cuts in September in July continue to reduce. This dynamic could continue this week if we see US CPI (released 10 April) blow hotter than expected as well as producer pric...

Best Q1 since 2019: Bubble or bliss?

moom lives

Mar 27 22:21

Top 10 S&P 500 Stock Performers in Q1 (YTD):

Super Micro $Super Micro Computer(SMCI.US)$ : +260.61%
Nvidia $NVIDIA(NVDA.US)$ : +86.91%
Constellation Energy $Constellation Energy(CEG.US)$ : +58.62%
Deckers $Deckers Outdoor(DECK.US)$ : +40.25%
Meta Platforms $Meta Platforms(META.US)$ : +40.10%
Micron $Micron Technology(MU.US)$ : +39.21%
General Electric $GE Aerospace(GE.US)$ : +35.98%
Marathon Petroleum $Marathon Petroleum(MPC.US)$ : +33.04%
Eli Lilly $Eli Lilly and Co(LLY.US)$ : +32....

Moomoo News Global

Mar 22 10:02

Columns U.S. Stocks Eye New Highs as Fed Rate Cut Bets Persist

All three major U.S. indexes notched new record highs on March 21st, propelled by optimism spurred by Federal Reserve Chair Jerome Powell stating that the central bank stayed on track for three interest rate cuts this year and affirmed that solid economic growth will continue.
The $Dow Jones Industrial Average(.DJI.US)$ ended Thursday shy of 40000 points. $S&P 500 Index(.SPX.US)$ gained 9.89%, and the tech-heavy $Nasdaq Composite Index(.IXIC.US)$ gained 9....

SpyderCall

Mar 16 16:28

Should We Be Worried About Inflation?

All Eyes on the Upcoming Fed Meeting
With interest rates and inflation being the main concern for investors these days, all eyes will be on the Federal Reserve's interest rate decision coming this Wednesday.
Many analysts are calling for a resurgence in inflation. While the Federal Reserve has been standing by their word, saying that inflation is under control and we are on the path towards rate cuts this year.
If the Fed believes that inflation is no longer...

Powell hints at rate cuts this year: What do you think?

BelleWeather : I think proper portfolio positioning vis a vis inflation is important. The concern I have is stagflation, so I’m trying to be defensive to that. This is difficult. And timing the market is impossible and crazy-making, so I personally am taking each day as it comes.
I don’t think anyone is going to sell off over these concerns, and Powell is not about to fan those flames either!

Report
Reply

Cancel Reply
SpyderCall OP BelleWeather : They might not sell over these concerns. But when these variables are present, then any negative catalyst will likely catalyze a selloff. For example, if we get bad rhetoric from Powell next week, then we might see extra volatility. That being said, in the current environment, any selloff will be a good buying opportunity until something breaks in the economy.

Report
Reply

Cancel Reply
SpyderCall OP BelleWeather : So far, wages and employment numbers have held up, so stagflation is not a concern until inflation picks back up. With the way oil and gasoline prices have been climbing, we could possibly see a stagflationary environment soon, but not yet. Things are almost perfect in the economic data currently. We are in a goldilocks zone for the Fed right now. And if things get worse, then the Fed has already mentioned cutting rates. That would be even more accomodative for equities as the "Fed Put" will be in play at that point. So, if we do see stagflation, it shouldn't last long as the Fed will accommodate markets when the inflation, wages, or employment situation changes negatively.

Report
Reply

Cancel Reply
BelleWeather : Agreed on the Goldilocks zone vis a vis the Fed mandate save one issue - the reserve bank balance is almost out - won’t they have to move to correct that?

Report
Reply

Cancel Reply
SpyderCall OP BelleWeather : They have been greatly decreasing the balance sheet since march 2022. This is done through selling treasury bonds or mortgage securities. Short-term treasuries, like bills, have been the biggest culprits for the runoff of the balance sheet. This has been unwinding the massive amount of asset purchases since the 2008 financial crisis.
They purchased all of these assets back then as a form of quantative easing to boost the economy. Right now, they are selling treasury notes at sky-high yields to provide liquidity to banks essentially. This is putting more liabilities onto the balance sheet, which brings the balance down.
I don't think the balance sheet runoff is such a big deal at the moment.
Once the economy is showing signs of trouble, then I think we will need to worry about the Fed balance sheet. If they start buying assets, essentially quantative easing, then they might think that there is weakness in the economy.
You might think that with the Fed balance falling like it is, then long-term treasuries should be falling along with the balance. But that has not been the case since last November as these treasuries have been climbing.
This tells me that the balance sheet is now falling because the Fed is adding liquidity through short-term bond sales, which inject liquidity into the economy, which is good for an economy and equities.

Report
Reply

Cancel Reply

View more comments...

Moomoo AI

Mar 2 07:02

Recent insider selling at Marathon Petroleum may signal a warning for shareholders. Insiders selling shares without buying could suggest they believe the shares are fully valued. Given insiders own a small percentage of the company, potential investors should be cautious.

Insiders At Marathon Petroleum Sold US$1.7m In Stock, Alluding To Potential Weakness

No comment yet