Articles
Daily market commentary and analysis.
Insider Trading Report: Corning (GLW)
Roger Ferguson, a director atCorning (GLW), recently bought 1,399 additional shares. The buy increased his holdings by nearly 52 percent, and came to a total purchase price of just under $43,000.…
May 21, 2021
Unusual Options Activity: Next Era Energy (NEE)
Utility giantNext Era Energy (NEE) has seen shares slide to a price point where it’s bounced higher on previous occasions the past few months. One trader sees that happening again. That’s based on…
May 20, 2021
Insider Trading Report: Ampco-Pittsburgh (AP)
Samuel Lyon, a division president atAmpco-Pittsburgh (AP), recently bought 6,000 more shares. The buy increased his stake by 9.5 percent, and came to a total price of just over $34,000. This is the…
May 20, 2021
Time to Buy This Failed IPO?
When a company makes its initial public offering, it’s designed to go higher in the first few trading days. This creates a sense of momentum. And when that doesn’t happen? It’s even called a failed…
May 20, 2021
Streaming War Battles Point to Oversold Value
AT&T (T) shares first rallied on Monday on news the company was splitting off its media assets. However, shares closed the day lower as traders saw what looked like a poor deal for the company.…
May 19, 2021
Insider Trading Report: The St. Joe Co (JOE)
Jorge Gonzales, President and CEO ofThe St. Joe Co (JOE), recently picked up 1,000 shares. The buy increased his holdings by nearly 5 percent, and came to a total price of just under $42,000. This…
May 19, 2021
Unusual Options Activity: Tilray (TLRY)
Cannabis stocks exploded higher at the start of the year and have now given up their gains.Tilray (TLRY), for instance, started the year under $10, spiked to $60, and has now lost most of its value…
May 19, 2021
Unusual Options Activity: Baidu (BIDU)
Chinese search giantBaidu (BIDU) has just completed a head and shoulders pattern, undoing its recent gains and now trades back at a five-month low. One trader now sees the potential for a bounce…
May 18, 2021
Crypto Craze Leads to Tech Shortage in an Unusual Place
Cryptocurrency mining has led to a large surge in demand for processing power. That’s been great for companies that manufacture those products. But some of today’s newer cryptocurrencies are using…
May 18, 2021
Insider Trading Report: Cleveland-Cliffs (CLF)
Janet Miller, a director atCleveland-Cliffs (CLF), recently bought another 1,280 shares. The buy increased her stake by less than 2 percent, and came to a total cost of just under $25,000. This is…
May 18, 2021
Unusual Options Activity: Las Vegas Sands (LVS)
Casinos have been a hot gamble with investors over the past year. Pandemic-driven shutdowns led to a collapse in business. But speculation on reopening has been good for the space. One trader sees…
May 17, 2021
Insider Trading Report: American Homes 4 Rent (AMH)
Wayne Hughes, a major holder atAmerican Homes 4 Rent (AMH), recently bought an additional 54,000 shares. The buy increased his stake by 0.3 percent, and came to a purchase price just under $2…
May 17, 2021
Pandemic-Driven Profits Have Slowed, But Reopening Profits Loom
Many companies were able to quickly shift to changing consumer needs during the pandemic. For entertainment companies, the rise of streaming services from nearly every studio has proven a boon. That…
May 17, 2021
Insider Trading Report: Camping World Holdings (CWH)
Marcus Lemonis, CEO and major holder atCamping World Holdings (CWH), recently bought 2,330 more shares. The buy increased his holdings by less than 0.4 percent, and came to a total price of just over…
May 14, 2021
Tech Selloff? Consider a Defensive Play with a Powerhouse Franchise
With the tech selloff, investors are looking to other parts of the market. Defensive stocks have held up well. But the real value in this market is buying into companies that can raise their prices…
May 14, 2021
Unusual Options Activity: Zoom Communications (ZM)
While the pandemic lockdowns are all but over, at least one trader expects shares ofZoom Communications (ZM) to regain some of their recent decline. That’s based on the September $290 calls. Nearly…
May 14, 2021
Long-Term Trends Bode Well for This Latest Tech
The rise of electric vehicles over the past few years has proven strong even with a global pandemic. Companies have sprouted up over the past year to take advantage of the trend. Any company that can…
May 13, 2021
Insider Trading Report: Activision Blizzard (ATVI)
Peter Nolan, a director atActivision Blizzard (ATVI), recently bought 20,000 more shares. The buy increased his holdings by nearly 12 percent, and came to a total purchase price of $1.9 million. This…
May 13, 2021
Unusual Options Activity: Vornado Realty Trust (VNO)
Shares of office real estate investment trustVornado Realty Trust (VNO) are down over 50 percent from their peak price in 2015. While recovering from last year’s work-from-home trends, one trader…
May 13, 2021
Pipeline Shutdown Puts Cybersecurity in the Spotlight
Colonial Pipeline shut down on Friday following a ransomware attack. The pipeline moves about 45% of the fuel used in the Northeast from facilities in Texas. The company has a tentative date to…
May 12, 2021