• Subscribe
  • Log In
  • Home
  • Daily Diary
  • Asset Class
    • U.S. Equity
    • Fixed Income
    • Global Equity
    • Commodities
    • Currencies
  • Sector
    • Basic Materials
    • Consumer Discretionary
    • Consumer Staples
    • Energy
    • Financial Services
    • Healthcare
    • Industrials
    • Real Estate
    • Technology
    • Telecom Services
    • Transportation
    • Utilities
  • Latest
    • Articles
    • Video
    • Columnist Conversations
    • Best Ideas
    • Stock of the Day
  • Street Notes
  • Authors
    • Bruce Kamich
    • Doug Kass
    • Jim "Rev Shark" DePorre
    • Helene Meisler
    • Jonathan Heller
    • - See All -
  • Options
  • RMPIA
  • Switch Product
    • Action Alerts PLUS
    • Quant Ratings
    • Real Money
    • Real Money Pro
    • Retirement
    • Stocks Under $10
    • TheStreet
    • Top Stocks
    • Trifecta Stocks
  1. Home
  2. / Investing
  3. / Stocks

Trending Tickers: MRO, CHK, FCX, AAPL

Falling commodity prices are hurting the market today. 
By TONY OWUSU
Mar 08, 2016 | 02:12 PM EST
Stocks quotes in this article: MRO, CHK, FCX, AAPL, BAC

U.S. indices were perpetuating their premarket declines midday Tuesday, as the market appears ready to break a five-day winning streak.

Even oil prices are failing to cooperate today. Industry standard Brent crude reversed its earlier gains, falling $0.93 to $39.91 per barrel, back below the $40 threshold. West Texas crude is also declining, $1.12 to $36.78 per barrel.

Oil stocks are suffering along with crude prices today, led by Chesapeake Energy's (CHK) 15% drop. Marathon Oil (MRO) is also falling 6.7% on heavy volume.

Other commodity stocks were also being hit by falling prices Tuesday, with Freeport-McMoRan (FCX) declining 10% in conjunction with declining iron ore prices.

Perpetual heavy-volume mover Bank of America (BAC) -- an Action Alerts PLUS holding -- is also helping lead the market lower, falling 3% on heavy volume.

Shake Shack (SHAK) was also lower in trading Tuesday after the fast food company issued full-year guidance below analyst expectations.

Vote in our fast food Real Money Poll

Urban Outfitters (URBN) is doing its part to prop up the market, advancing 17% after the apparel company topped analysts' quarterly top- and bottom-line expectations.

Shares of Action Alerts PLUS holding Apple (AAPL) continued their decline today as multiple negative headwinds take their toll on the tech company.

Finally, shares of Pfizer (PFE) are also continuing a march lower and in conjunction with a downgrade by TheStreet Ratings service. 

Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline to this article.

Action Alerts PLUS, which Cramer co-manages as a charitable trust, is long AAPL and BAC.

TAGS: Investing | U.S. Equity | Stocks

More from Stocks

Valuation and Market Sentiment Face Off Against the Charts

Guy Ortmann
Jul 5, 2022 10:45 AM EDT

Let's check the latest index charts and market data.

Exxon Mobil Could See Its Shares Decline Even Further

Bruce Kamich
Jul 5, 2022 10:40 AM EDT

Let's check out the charts.

Bear Markets Require a Different Playbook

Bob Lang
Jul 5, 2022 10:30 AM EDT

We need to recognize the conditions are different than in a bull market and adjust our style and tactics accordingly.

3 'Hiding Places' for Investors to Shelter in This Bear Market

Stephen Guilfoyle
Jul 5, 2022 10:00 AM EDT

These stocks have done me right of late, and are in better technical shape than the market.

EPAM Systems: Is It Time to Buy or Sell?

Bruce Kamich
Jul 5, 2022 9:32 AM EDT

Here's how I see it.

Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation. If you have questions, please contact us here.

Email

CANCEL
SUBMIT

Email sent

Thank you, your email to has been sent successfully.

DONE

Oops!

We're sorry. There was a problem trying to send your email to .
Please contact customer support to let us know.

DONE

Please Join or Log In to Email Our Authors.

Email Real Money's Wall Street Pros for further analysis and insight

Already a Subscriber? Login

Columnist Conversation

  • 07:34 AM EDT PAUL PRICE

    A $525,000 Vote of Confidence on Macerich (MAC)

  • 09:49 AM EDT JAMES "REV SHARK" DEPORRE

    This Weekend on Real Money

    Stop Wishing, Hoping, and Praying and Take Control...
  • 07:59 PM EDT PAUL PRICE

    Very Good Quarterly Numbers From Bassett Furniture (BSET)

    Bassett Furniture blew right through analysts es...
  • See More

COLUMNIST TWEETS

  • A Twitter List by realmoney
About Privacy Terms of Use

© 1996-2022 TheStreet, Inc., 225 Liberty Street, 27th Floor, New York, NY 10281

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.

Compare Brokers

Please Join or Log In to manage and receive alerts.

Follow Real Money's Wall Street Pros to receive real-time investing alerts

Already a Subscriber? Login