Trading Tips Blog

Economic uncertainty is high. That’s causing consumers of all income levels to cut back and take a wait-and-see attitude on spending, which is now growing more slowly than the rate of inflation. During periods of uncertainty, companies that offer the best bargain prices tend to gain market share—and their stocks perform well. That appears to be the case today with a number of companies across a few different industries. For clothing retailers, luxury firms may be facing sinking sales. But those offering ...
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Stephen Donaghy, CEO at Universal Insurance Holdings (UVE), recently added 10,000 shares to his holdings. The buy increased his stake by 0.04 percent, and came to a total cost of $311,000. This marks the first insider buy at the company since November 2020. A few insider sales occurred in the last year, and going back to 2019 and 2020, company insiders were exclusively buyers of shares, even at far higher prices than today. Overall, insiders own just under 10 percent of ...
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Shares of gold mining operator Kinross Gold Corp (KGC) are near a 52-week low even as gold prices have started to heat up. One trader sees the potential for a big move higher in the coming months. That’s based on the July $6 calls. With 133 days until expiration, 5,825 contracts traded compared to a prior open interest of 146, for a 40-fold jump in volume on the trade. The buyer of the calls paid $0.34 to make the trade. Shares of ...
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The world is taking sides. Most nations are siding with Ukraine, following the country’s invasion by Russia. While other governments are looking for a way to support Ukraine and punish Russia without expanding into a full-blown war, many companies are pulling back on investments and businesses in Russia. That trend is likely just getting started, but companies that get out sooner rather than later will probably fare best. Those with a big stake in Russia may have some short-term losses, but will ...
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Thomas Whelan, CFO at Coeur Mining (CDE), recently added 10,000 more shares. The buy increased his holdings by 2.5 percent, and came to a total cost of $42,500. The buy came two days after the company President and CEO picked up 5,000 shares, at a cost of about $22,000. Over the past three years, insiders have been both buyers and sellers, with buyers having the edge over the past few months. Overall, insiders own about 1.7 percent of the company. Shares of ...
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Shares of retailer Bed Bath & Beyond (BBBY) have traded down over the past year, after shares surged higher following a near-miss with bankruptcy. One trader sees a further rally in shares possible in the coming months. That’s based on the January 2023 $60 call. With 324 days until expiration, 4,519 contracts traded compared to an open interest of 266, for a 17-fold jump in volume. The buyer of the calls paid $1.18 for the option. Shares trade for about $17. For ...
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Stock buybacks can help move share prices higher in two ways. First, they simply act as buying pressure on a stock. Second, they help reduce the total share count, so a company can increase its earnings per share without increasing earnings. A number of companies have been increasing share buybacks as their operations have improved over the past year. One such player just made a huge increase to its buyback. That company is Advanced Micro Devices (AMD). One of the best-run chipmaking ...
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Kevin Blair, President and CEO at Synovus Financial Corp (SNV), recently bought 3,100 shares. The buy increased his holdings by 3.5 percent, and came to a total price of just over $150,000. This marks the first insider buy at the company since last April. Company insiders have been active sellers over the past few months as shares have trended higher. The last big insider buy occurred in early 2020. Overall, company insiders own 1.2 percent of shares. Shares of the bank are ...
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