Trading Tips Blog

Many assets have performed well this year. Stocks hit new all-time highs. So have gold. Even bitcoin is back into rally mode. But oil can’t seem to catch a break. In theory, a strong economy should mean rising energy demand, which should be good for oil.Yet despite OPEC production cuts, oil prices can’t seem to hold much past $70. And that’s hitting energy company earnings hard. That’s creating poor performance for energy players. Among the major oil firms, BP (BP) has lagged ...
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Andrew Florance, President and CEO of CoStar Group (CSGP), recently bought 14,731 shares. The buy increased his position by 1%, and came to a total cost of $1,099,966. This marks the first insider buy at the company over the past two years. Insiders, including the CEO, CFO, and several directors, have been regular and consistent sellers of shares. That includes a sale from a director amounting to over $5.3 million the same day the CEO bought shares. Overall, CoStar Group insiders ...
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Gaming and media company Roblox (RBLX) is up 33% over the past year, just slightly underperforming the overall market. One trader sees shares trending higher over the coming weeks. That’s based on the November 29 $48 calls. With 29 days until expiration, 11,506 contracts traded compared to a prior open interest of 129, for an 89-fold rise in volume on the trade. The buyer of the calls paid $1.10 to make the bullish bet. Roblox shares recently traded for about $42.50. They’d ...
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Investors have been focused on AI-related technologies for nearly two years. And that focus has led to poor returns for other high-tech investment opportunities. With interest in AI still strong, but interest in AI stocks starting to wane, investors looking for a better opportunity may find it in other tech plays. That’s because non-AI technologies can also offer high growth potential. From a new gadget to a biotech breakthrough, more off-the-radar tech plays look ready to move higher. For instance, ON Semiconductor ...
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Guy Gecht, a director at Logitech International (LOGI), recently bought 2,500 shares. The buy increased his position by 16%, and came to a total cost of $202,800. This marks the second insider buy this year, following a 1,225 share buy form the company CFO back in May. That was a new position, and came to just under $100,000. Going further back several company insiders have been slight sellers, including the company General Council and COO. Overall, Logitech insiders own 0.3% ...
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Automotive replacement parts producer Genuine Parts Company (GPC) recently declined close to 52-week lows following a big earnings miss. One trader sees a further decline over the coming weeks. That’s based on the December 20 $115 puts. With 51 days until expiration, 22,618 contracts traded compared to a prior open interest of 160, for a massive 141-fold rise in volume on the trade. The buyer of the puts paid $3.20 to make the bearish bet. Genuine Parts Company shares recently traded for ...
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We’re nearly two years into a bull market driven by AI. We’ve seen big tech companies soar as new AI programs have rolled out. More recently, investors have turned to data centers, and now nuclear energy as ways to benefit from this rollout. There’s one more component that’s starting to gain attention and traction for the AI boom. It’s a hardware play that’s been overlooked among the massive demand for GPUs and servers. The play? Hard drive storage. No matter how complicated ...
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Two directors at Norfolk Southern (NSC), Sameh Fahmy and Richard Anderson, both bought 1,000 shares. Both paid just over $255,000 to make their buys, which increased their stakes by 11% and 33%, respectively. Fahmy was the last director to buy with another 1,000 share pickup in early August, at a lower price of $244,000. Otherwise, there have been two insider sales this year, one of which came from a former CEO. Multiple directors have been buyers going back into the spring. Overall, ...
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