Stick With this Winning Corner of the Energy Market
After a strong year in 2022, energy prices have been volatile for 2023. Oil is back under $80, after trending over $90 in the summer. Production cuts should have led to higher prices, but the world is getting more efficient at using energy. However, while conventional energy is down, it’s not out. Dreams of a green energy revolution are taking longer to realize than initially thought. Oil stocks could still be big winners for investors in the years ahead. That’s why investors ...
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Insider Activity Report: Kemper Corporation (KMPR)
Joseph Lachner, President and CEO of
Kemper Corporation (KMPR), recently bought 5,000 shares. The buy increased his stake by 4 percent, and came to a total cost of $216,000. The buy came after two directors also picked up shares in the prior week, with one director buying 10,000 shares at a cost just under $414,000. Going further back, company insiders have a more mixed track record of buys and sells. Overall, Kemper insiders own 4.7 percent of shares. The property and casualty insurance ...
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Kemper Corporation (KMPR), recently bought 5,000 shares. The buy increased his stake by 4 percent, and came to a total cost of $216,000. The buy came after two directors also picked up shares in the prior week, with one director buying 10,000 shares at a cost just under $414,000. Going further back, company insiders have a more mixed track record of buys and sells. Overall, Kemper insiders own 4.7 percent of shares. The property and casualty insurance ...
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Unusual Options Activity: General Motors (GM)
Automobile producer
General Motors (GM) jumped nearly 10 percent on Wednesday, on news that they were undertaking a large share buyback. One trader sees the potential for shares to trade flat or lower from here instead. That’s based on the June 2024 $32 puts. With 217 days until expiration, 8,276 contracts traded compared to a prior open interest of 219, for a 38-fold rise in volume on the trade. The buyer of the puts paid $2.70 to make the bearish bet. General Motors ...
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General Motors (GM) jumped nearly 10 percent on Wednesday, on news that they were undertaking a large share buyback. One trader sees the potential for shares to trade flat or lower from here instead. That’s based on the June 2024 $32 puts. With 217 days until expiration, 8,276 contracts traded compared to a prior open interest of 219, for a 38-fold rise in volume on the trade. The buyer of the puts paid $2.70 to make the bearish bet. General Motors ...
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This Tech Trend Is Safer for Investors than AI
While the market still loves rewarding AI-based companies, the trend is an early one. It will take time to roll out. And much like the rollout of the internet, there will be big winners and losers. Fortunately, investors have other tech trends to profit from. That includes trends that are already bringing in revenues for companies today. One of the hottest such trends is cloud services. That’s been a big driver for many big tech companies. But it’s a solid performer for ...
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Insider Activity Report: Arbor Realty Trust (ABR)
Ivan Kaufman, CEO at
Arbor Realty Trust (ABR) recently bought 35,000 shares. The buy increased his stake by 1 percent, and came to a total cost of $426,450. He was joined by the company CFO, who bought 10,000 shares on two separate transactions, for just under $123,000. A company director has also been a buyer in recent weeks. Going further back, insider buys have far exceeded insider sales. Overall, Arbor insiders own about 2.2 percent of shares. The mortgage REIT is down ...
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Arbor Realty Trust (ABR) recently bought 35,000 shares. The buy increased his stake by 1 percent, and came to a total cost of $426,450. He was joined by the company CFO, who bought 10,000 shares on two separate transactions, for just under $123,000. A company director has also been a buyer in recent weeks. Going further back, insider buys have far exceeded insider sales. Overall, Arbor insiders own about 2.2 percent of shares. The mortgage REIT is down ...
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Unusual Options Activity: Amazon (AMZN)
Tech giant
Amazon (AMZN) is up about 60 percent over the past year, and the company is holding up well as retail is showing signs of strength this holiday season. However, one trader is betting shares may be done moving higher. That’s based on the February $180 puts. With 78 days until expiration, 3,864 contracts traded compared to a prior open interest of 104, for a 37-fold rise in volume on the trade. The buyer of the puts paid $32.65. Amazon shares recently ...
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Amazon (AMZN) is up about 60 percent over the past year, and the company is holding up well as retail is showing signs of strength this holiday season. However, one trader is betting shares may be done moving higher. That’s based on the February $180 puts. With 78 days until expiration, 3,864 contracts traded compared to a prior open interest of 104, for a 37-fold rise in volume on the trade. The buyer of the puts paid $32.65. Amazon shares recently ...
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This Income Play Is Trending Higher – And May Have More Value to Unlock
While growth stocks have staged a strong comeback in recent weeks, income stocks remain well off their highs. The good news is that these stocks offer a historically higher yield than at most other points over the last two years. And should interest rates start to trend down next year, income stocks should trend higher to match that change in yields. That means today’s investors can get a relatively high yield, plus see some capital appreciation ahead. One income-heavy space is cell ...
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Insider Activity Report: Prospect Capital (PSEC)
Grier Eliasek, COO at
Prospect Capital (PSEC), recently bought 26,750 shares across two transactions. The buys came to a total price just over $153,000, and increased the COO’s position by about 2 percent. Those buys came a few weeks after the company CFO bought 5,000 shares, paying just over $28,000 and increasing her stake by about 7 percent. Insiders have only been buyers over the last two years. In total, Prospect Capital insiders won 27.4 percent of shares. The business development company is ...
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Prospect Capital (PSEC), recently bought 26,750 shares across two transactions. The buys came to a total price just over $153,000, and increased the COO’s position by about 2 percent. Those buys came a few weeks after the company CFO bought 5,000 shares, paying just over $28,000 and increasing her stake by about 7 percent. Insiders have only been buyers over the last two years. In total, Prospect Capital insiders won 27.4 percent of shares. The business development company is ...
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