Buffett Teaches Market A Lesson
Don't Follow Buffet's Move on Occidental Petroleum: Here's Why
Today’s Buffet -driven rally has Occidental Petroleum shares trading at $47.50. The stock’s 50- and 200-day moving averages are overhead in a bearish pattern. This suggests that OXY is likely to shake-off this one-day price pop and maintain its move lower.
This was the stock's fifth consecutive day of gains.
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Occidental Petroleum (OXY) closed the most recent trading day at $48.56, moving +0.75% from the previous trading session. The stock outpaced the S&P 500's daily loss of 1.11%. At the same time, the ...
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Every investor in Occidental Petroleum Corporation ( NYSE:OXY) should be aware of the most powerful shareholder groups. With 50% stake, institutions possess the maximum shares in the company. That is, ...
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