Articles
Daily market commentary and analysis.
Unusual Options Activity: Lumentum Holdings (LITE)
Shares of commercial optical and photonic product firmLumentum Holdings (LITE) have been trending higher since September, with a large spike in shares right before the holidays. At least one trader…
Dec 25, 2020
The King of Dealmakers Gets Bullish on Aviation
It’s been a banner year for companies going public, as well as mergers and acquisitions. Low interest rates have made financing a good deal. But an all-cash buyer? That may be a sign that a company…
Dec 25, 2020
Insider Trading Report: GameStop (GME)
Ryan Cohen, a major shareholder atGameStop (GME), recently bought 1,226,400 shares. That increased his stake by nearly 16 percent. The total price of the buy came to just over $19 million. This marks…
Dec 24, 2020
This Manufacturing Giant is Becoming a Stealthy Tech Play
The days of physical manufacturing are far from over. But companies still in the space can embrace new technologies to produce better goods in less time and with lower expense. They can also use…
Dec 24, 2020
Unusual Options Activity: AT&T (T)
Shares of telecom and media playAT&T (T) have been volatile in recent sessions. Shares rallied over 10 percent in November, then gave up most of those gains in December. But one trader sees the…
Dec 24, 2020
Follow the New Street-High Bet on this Cloud Play
2020 saw a rapid acceleration of tech trends such as automation and remote work. That trend benefitted the larger area of cloud storage space. That’s helped a number of companies outperform the…
Dec 23, 2020
Insider Trading Report: Icahn Enterprises (IEP)
A.B. Krongard, a director atIcahn Enterprises (IEP), recently started a stake at the company. The initial stake was a buy of 16,723 shares. That total purchase price came to just over $836,000. This…
Dec 23, 2020
Unusual Options Activity: Clean Energy Fuels Corp (CLNE)
Shares of natural gas fuel playClean Energy Fuels Corp (CLNE) have been on a tear, more than doubling since early November. At least one trader sees the rally continuing, albeit at a slower rate.…
Dec 23, 2020
Unusual Options Activity: Snap Inc. (SNAP)
Shares of social media companySnap Inc. (SNAP) have had a strong rally year-to-date. At least one trader sees a pullback in shares by year-end. That’s based on the December 31st $48 puts. With shares…
Dec 22, 2020
Insider Trading Report: Viatris (VTRS)
James Kilts, a director atViatris (VTRS), recently added 27,736 shares. The buy increased his holdings by nearly 75 percent, and came to a total cost of just under $500,000. This is the second…
Dec 22, 2020
This Underperformer in the Streaming Wars Looks Attractive
AfterNetflix (NFLX) was allowed to dominate the streaming world for nearly a decade, a number of media companies have belatedly created their own services to play on this growing space. The streaming…
Dec 22, 2020
Unusual Options Activity: FireEye (FEYE)
Shares of cybersecurity firmFireEye (FEYE) dropped on news of a massive hack before turning around on Friday. At least one trader sees shares moving even higher. That’s based on the January 2021 $19…
Dec 21, 2020
Insider Trading Report: Southern National Bank of Virginia (SONA)
Dennis Zember, President and CEO ofSouthern National Bank of Virginia (SONA), just increased his holdings by 200 percent. That came as a result of a 100,000 share buy, which cost the CEO just over…
Dec 21, 2020
The King of Semiconductors is Coiling for a Move Higher
Tech stocks have been a clear winner in the market, as they tend to be in most years. Looking to 2021, one major company in the semiconductor space looks poised to move higher. That’s because shares…
Dec 21, 2020
Unusual Options Activity: Citigroup (C)
Shares of megabankCitigroup (C) have done well in the past few weeks during the last stock market surge. At least one trader sees that uptrend continuing in the next few weeks. That’s based on the…
Dec 18, 2020
Start Prepping For 2021 Trends with a Top Tech Play
For all the unexpected changes in 2020, a few sectors merely advanced goals that they thought would take years to complete. Major software companies shifted heavily towards work-from-home and other…
Dec 18, 2020
Insider Trading Report: American Homes 4 Rent (AMH)
Wayne Hughes, a major holder atAmerican Homes 4 Rent (AMH), recently added to his stake with a 342,000 share buy. The buy came to just under $10 million, and increased the stake in the company by…
Dec 18, 2020
Unusual Options Activity: Rigel Pharmaceuticals (RIGL)
Shares ofRigel Pharmaceuticals (RIGL) have been trending higher in recent weeks. Despite a spike higher in shares yesterday, at least one trader sees even further upside ahead. That’s based on the…
Dec 17, 2020
A Growth Stock Play in an Unloved Industry
It’s no surprise that the restaurant space has had a challenging year. Most small, family-owned restaurants are at risk of bankruptcy, if they haven’t yet gone under. But even publicly-traded…
Dec 17, 2020
Insider Trading Report: KeyCorp (KEY)
Robin Hayes, a director atKeyCorp (KEY), recently started a stock position with a 2,500 share buy. The purchase cost a total of $40,000. Over the past year, insiders have seen both buyers and…
Dec 17, 2020