This Troublesome Trend Points to A Profitable Solution

The world is in the grip of an energy crisis. Shortages in Europe could lead to brownouts this winter, or reduced energy available for things like home heating. In the meantime, the US faces a number of potential issues like wildfires, heat waves, and hurricanes, which can wreak havoc on the power grid. While improvements will continue over time, power interruptions are a way of life. And they could continue to be so for some time. A handful of companies are looking ...
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Insider Trading Report: Luminar Technology (LAZR)

Austin Russell, President, and CEO at Luminar Technology (LAZR), recently added 25,000 shares. The buy increased his holdings by 2.5 percent, and came to a total price just under $247,000. That’s the third buy for 25,000 shares from the CEO in as many weeks. And earlier this month, a company director bought 59,950 shares, paying just under $500,000. The last insider sale at the company occurred back in May. Overall, company insiders own 13.7 percent of shares. The manufacturer of automotive sensor ...
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Unusual Options Activity: Meta Platforms (META)

Shares of social media giant Meta Platforms (META) have lost nearly 60 percent of their value in the past year. One trader sees a potential rebound in the months ahead. That’s based on the January 2023 $125 calls. With 116 days until expiration, 25,000 contracts traded compared to a prior open interest of 482, for a 52-fold surge in volume on the trade. The buyer of the calls paid $28.68 to make the bet. The stock recently traded closer to $140, ...
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Profit From The Migration Trend That’s Slowing, Not Stopping

People need to move, no matter what the economy is doing. And many will move to areas with lower taxes, higher growth, and better job opportunities. That’s been playing out slowly over the past decade, with the pandemic causing a faster migration rate as many looked to move to lower-density areas. While that trend is slowing, it isn’t stopping. And companies that cater to this trend will likely continue to fare well in the years ahead. One company benefitting from this trend ...
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Insider Trading Report: BRT Apartments Corp (BRT)

Jeffery Gould, President and CEO at BRT Apartments Corp (BRT), recently picked up 14,735 shares. The buy increased his holdings by 0.4 percent, and came to a total price just over $320,000. He was joined by a senior vice president, who also picked up about 15,000 shares, paying about the same amount as well. Insiders were largely sellers of shares in the past three years before these recent buys. Overall, company insiders own about 20.1 percent of shares. The apartment REIT is ...
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Unusual Options Activity: Apple (AAPL)

Shares of consumer tech giant Apple (AAPL) have held up better than most tech stocks in the past year. However, one trader sees shares continuing their recent downtrend in the coming weeks. That’s based on the October $133 puts. With 28 days until expiration, 2,410 contracts traded compared to a prior open interest of 104, for a 23-fold rise in volume on the trade. The buyer of the puts paid $0.90 to get into the trade. Shares recently traded for about $154, ...
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Consider Companies Rightsizing their Executive Suites Now

In normal markets, news of a layoff can lead to a share price going higher. The market tends to interpret that as a company reducing headcount, especially if the company has been growing. Today, it may lead to a selloff, as traders may be concerned that the company is shrinking. But companies that are looking to streamline just parts of their business, particularly in its executive suites with cuts at the corporate level, can send a message that they’re concerned about ...
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Insider Trading Report: APi Group Corp (APG)

Anthony Malkin, a director at APi Group Corp (APG), recently picked up 92,145 shares. The buy increased his stake by a massive 706 percent, and came to a total cost of just under $1.4 million. That follows up on a number of buys by the director in the past few weeks, and a 37,800 share buy back in June. Going further back, company executives have also been regular buyers of shares, with no insider sales in the past three years. Overall, company ...
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