Articles
Daily market commentary and analysis.
Unusual Options Activity: Cameco (CCJ)
Shares of uranium mining giantCameco (CCJ) have risen in recent sessions. At least one trader expects that uptrend to continue. That’s based on the July 2021 $20 call options. Those options saw over…
Dec 8, 2020
Gold’s Pullback May Give Way to a New Rally in 2021
Gold prices jumped in 2020. For most of the year, the metal has outperformed the stock market. Since the start of October, gold prices have been trending down from their highs, but are starting to…
Dec 7, 2020
Unusual Options Activity: Micron Technology (MU)
Shares of semiconductor giantMicron Technology (MU) have been soaring higher in recent weeks. Traders expect the trend to continue. The April 2021 $77.50 call option just saw over 8,450 contracts…
Dec 7, 2020
Insider Trading Report: Hormel Foods Corp (HRL)
Steven Lykken, a Senior Vice President atHormel Foods Corp (HRL), recently bought 6,873 shares. The buy increased his stake by over 25 percent, and came to a total cost of $322,000. This is the…
Dec 7, 2020
Short-Term Thinking Creates a Buying Opportunity in this Retail Giant
Many retail firms will report numbers monthly, not just quarterly. That allows traders to see what’s happening much faster than a quarterly earnings report. Even better, for a company showing…
Dec 4, 2020
Unusual Options Activity: Under Armour (UAA)
Shares of athletic apparel firmUnder Armour (UAA) have been part of the market’s uptrend in the past few weeks. One trader sees shares continuing even higher. That’s based on the January 8th 2021 $17…
Dec 4, 2020
Insider Trading Report: Beazer Homes (BZH)
Christian Winkle, a director atBeazer Homes (BZH), recently bought 3,775 more shares. That increased his stake by over 13 percent, and came to a price just over $55,000. This follows two buys that he…
Dec 4, 2020
Unusual Options Activity: Uber (UBER)
Ride sharing giantUber (UBER) had a great month in November. Legislation in California to classify contractors as employees failed, and shares rallied. One trader sees shares moving even higher.…
Dec 3, 2020
Insider Trading Report: Cincinnati Financial (CINF)
Thomas Aaron, a director atCincinnati Financial (CINF), recently bought 2,500 shares of the company. The buy increased his stake by 115 percent, and the price paid came in just under $200,000. This…
Dec 3, 2020
Subscriber Growth Trends Suggest this Winner Will Trend Even Higher
Investors love companies with a recurring revenue model. Rather than selling a one-off product like a refrigerator or car, selling a monthly subscription to, say, a streaming service creates steadier…
Dec 3, 2020
Insider Trading Report: FreightCar America (RAIL)
James Meyer, President and CEO ofFreightCar America (RAIL), recently added 27,500 shares. The buy increased his holdings by nearly 15 percent, and came to a total cost of just over $58,000. The buy…
Dec 2, 2020
Strong Earnings Suggests Buying this Top Tech Play of 2020
Earnings season can be full of surprises. A company can miss on earnings, but still do better than expected. As a result, shares may end up rallying! The opposite is quite common too. A company can…
Dec 2, 2020
Unusual Options Activity: Vale (VALE)
International mining giantVale (VALE) has fared well this year as a recovering global economy has increased demand for raw commodities. One trader sees this playing out even further. The March 2021…
Dec 2, 2020
Insider Trading Report: Foot Locker (FL)
Vesa Equity Investment, a major holder inFoot Locker (FL), recently added to their stake. The fund bought 509,575 shares of the company, increasing their holdings by 4.75 percent. The purchase price…
Dec 1, 2020
One Sovereign Wealth Fund Loves this Automotive King
Korea Investment Corp., the sovereign wealth fund for South Korea, recently made some changes in its stock filings. It lighted up on many well-known tech names such as Apple, Alibaba, and Intel.…
Dec 1, 2020
Unusual Options Activity: Cemex (CX)
International cement giantCemex (CX) has seen shares rally in recent months. A return to normal economic activity bodes well for construction. One trader sees the trend continuing even higher. That’s…
Dec 1, 2020
Insider Trading Report: Biglari Holdings (BH)
Sardar Biglari, Chairman and CEO ofBiglari Holdings (BH), recently bought 23,613 additional shares. The buy increased his holdings by just under 2 percent. The buy totaled just under $2.6 million.…
Nov 30, 2020
This Mall Retailer is a Strong Short Squeeze Candidate
Traders can make a bundle buying companies with a high amount of short interest. That’s because once a stock’s price moves higher, short-sellers need to buy shares to cover their position. If shares…
Nov 30, 2020
Unusual Options Activity: Palantir (PLTR)
Big data giantPalantir (PLTR), which recently went public, traded sideways for a few weeks before starting a monster move higher. At least one trader sees shares continuing to head even higher from…
Nov 30, 2020
Insider Trading Report: Coty (COTY)
Johannes Huth, a director atCoty Inc. (COTY), recently bought one million shares of the company. The total price came to $6.2 million, and represents the director’s first stake at the cosmetics firm.…
Nov 27, 2020