Exxon Mobil Stock

Today Exxon stock fell with the rest of the market, but investors seemed to be saying a rise was coming.  Exxon stock was one of the money flow leaders in the Dow Jones with most buying on weakness.  The up-down ratio was 151/100.  This shows that the value of trades on the uptick was over 50 percent higher than those trading the oil company giant on the down tick.  This is generally a bullish signal for Exxon and the oil market in general.

Uncategorized dow jones, exxon stock, money flow, oil company, uptick

Exxon stock has been making nice and steady gains over the last five days.  Its gains have approached nearlt 4.5%.  That’s pretty high for Exxon.  The company currently sits valued at over $350 billion with a trailing P/E of less than 10.  Today, Tuesday, it moved significanly ahead of the market and the Energy sector with competitors ConocoPhillips up 0.06% and Chevron up 0.20%.

Uncategorized energy, exxon stock, p/e, sector