Trading Tips Blog

Retail still makes up the backbone of consumer spending, and thus the economy. That’s why providing investors with sales data can provide a clue as to how the economy is performing outside other measures like employment or housing costs. One such retailer is Costco (COST). The company recently released its latest earnings, which shows that consumers are continuing to spend at a good pace, and even increasing in some areas such as fresh food. The earnings numbers and the company’s outlook ...
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David Campbell, President and CEO at Evergy (EVRG), recently bought 7,850 more shares. The buy increased his stake by over 12 percent and came to a total purchase price of just under $500,000. He was joined by the company CFO, who bought 7,875 shares on the same day. That buy increased his stake by 55 percent, and cost just over $501,000. This marks the second and third insider buys of the year, following a company director picking up over 2.25 million shares ...
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Shares of engineering and construction materials firm Johnson Controls International (JCI) have been in a steady uptrend for more than a year. One trader is betting that steady progress higher will continue. That’s based on the April 2022 $75 calls. With 199 days until expiration, over 5,200 contracts traded against a prior open interest of 134, for a 39-fold rise in volume. The buyer of the calls paid $4.60 to make the trade. Shares of JCI are already up 78 percent over ...
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Many industries have moved on from the pandemic. For those in travel and tourism, however, trends still remain far under pre-pandemic levels. However, the trend is improving, albeit slowly. One such sector that’s continuing to recover is the cruise industry. Completely shut down for nearly a year, the slow resumption of cruises in the post-pandemic era is a true sign as to whether or not large, confined crowds can come together without creating health scares. So far, signs are good. And Carnival ...
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Maura Shaughnessy, a director at The AES Corp (AES) recently picked up 30,000 more shares. The buy increased her stake by nearly 70 percent, and came to a total cost of just under $714,000. This marks the first insider buy at the company since June 2020, and a buy as shares have pulled back from recent highs. Three company employees sold shares back in August, with the total size of those sales far exceeding this insider buy. Overall, insiders own a ...
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Shares of cloud provider Salesforce.com (CRM) jumped higher on Thursday following solid earnings and a bullish full-year outlook. One trader sees the possibility for a move higher in the coming weeks. That’s based on the October 29 $280 calls. With 35 days until expiration, over 2,200 contracts traded, a 22-fold rise in volume from the prior open interest of 101 contracts. The buyer of the calls paid $4.98 to make the trade. The recent rally in shares brings the stock up ...
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The pandemic impacted how nearly every company does business. Some fared well thanks to pivoting to faster growth opportunities, even as traditional lines of business struggled. One such company is The Walt Disney Company (DIS). The company’s theme parks faced unprecedented closures, and its cruise line was halted. But rising streaming subscribers created years of growth in a recurring-revenue stream for the company. Now, the company has warned that its streaming subscriber growth will slow. Given that the company hit its 5-year ...
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Brian Gragnolati, a director at Lakeland Bancorp (LBAI), recently picked up 2,000 more shares. The buy increased his stake by nearly 13 percent, and came to a total cost of just over $32,000. Other company insiders have also been buyers in recent months. The company’s Chief Information Officer (CIO) bought 3,000 shares last week as well, a buy of nearly $50,000. Overall, company insiders have been large and consistent buyers with only some small sellers in the past three years. Overall, Read More