|Day Low/High||21.76 / 22.29|
|52 Wk Low/High||16.14 / 27.21|
Oil services provider beats top- and bottom-line expectations and raises full-year guidance.
McDermott (MDR) stock is gaining on Friday after the company reported its 2016 first quarter results which surpassed expectations.
Builders FirstSource, CalAtlantic and McDermott are scheduled to report after today's close.
Several names in the model portfolio experienced increased volatility, despite U.S. stocks posting just fractional losses this week and holding near record highs.
We will take some profits, as MDR is up 90% from where we last bought it in January.
With the market ticking higher this week, we used its strength to take profits in some of our portfolio companies.
Trade-Ideas LLC identified McDermott International (MDR) as a strong on high relative volume candidate
Investors in McDermott International, Inc. saw new options become available today, for the June 17th expiration.
Crude oil had been below its 200-day simple moving average since July 2014, but that changed as of Tuesday. Here's how to trade the oil services sector.
We made just one trade for the model portfolio this week as the market ended with a fractional loss.
McDermott (MDR) stock closed lower Monday due to a downgrade at Credit Suisse as well as lower oil prices.
We made several moves this week as stocks bounced back and the quarter ended in the green for the portfolio.
We used the broader market decline this week to add to one position.
Trade-Ideas LLC identified McDermott International (MDR) as a "dead cat bounce" (down big yesterday but up big today) candidate
We used the selloff earlier in the week to make several moves in the portfolio.
Trade-Ideas LLC identified McDermott International (MDR) as a "perilous reversal" (up big yesterday but down big today) candidate
We added to one portfolio position this week as stocks extended their winning streak and earnings season concluded.
Rising oil prices finally caused significant short-term gains for Diamond Offshore, McDermott, Noble, Transocean and Tidewater. Is it time to book profits?
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