Trading Tips Blog

Traders have largely priced in a recession, with slowing growth all but certain for some time to come. The slowdown is being done in order to combat high inflation. Part of that is to lower prices. That could cause some big changes for retail companies. Investors already saw Walmart (WMT) warn that they would miss their full-year profit target, as a number of items would have to go on sale in order for the company to clear its excess inventory. While that’s ...
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B. Riley Financial, a major holder at Alta Equipment Group (ALTG), recently added 20,243 shares. The buy increased the fund’s stake by 0.3 percent, and came to a total purchase price of just under $205,000. The fund has been a regular buyer of shares over the past few months. Plus, back in May, two directors and the company CEO were also buyers as well. The last insider sale occurred in late 2021. Overall, company insiders own 21.7 percent of shares. Shares of ...
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Shares of medical diagnostic device company Abbott Laboratories (ABT) are down just under 10 percent in the past year. One trader is betting that shares will trend lower in the coming months. That’s based on the November $80 puts. With 114 days until expiration, 11,118 contracts traded compared to a prior open interest of 118, for a massive 118-fold rise in volume on the trade. The buyer of the puts paid $0.68 to make the trade. The stock recently traded for around ...
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The past few years has been great for some sectors. For others, it’s been tough. The restaurant space has had to rapidly change to pandemic protocols, a rise in takeout orders, and increased outdoor dining, to say nothing about supply chain issues. However, many of these companies have been holding up well. In a potentially slowing economy, though, those offering fares with lower-priced items will likely hold up the best – and may even grow in today’s environment. That’s potentially good news ...
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Benjamin Clouse, CFO at CrossFirst Bankshares (CFB), recently added 7,500 shares to his holdings. The buy increased his stake by just over 101 percent, and came to a total cost just over $97,400. That’s the first insider buy at the regional bank so far this year. One company director has been a regular and consistent seller of shares in the past year. Going further back, insider sales have likewise exceeded small insider buys after a selloff in shares. Overall, insiders at the ...
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Shares of search engine giant Alphabet (GOOGL) have shed nearly 20 percent of their value in the past year. One trader sees the potential for a further decline in shares in the next 14 months. That’s based on the September 2023 $53 puts. With 416 days until expiration, 6,299 contracts traded compared to a prior open interest of 150, for a 42-fold rise in volume on the trade. The buyer of the pus paid $0.88 to make the bearish bet. The stock ...
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It’s still the early stages for earnings season. But we’ve seen companies perform above expectations, even as overall performance has started to slow in the past year. With some big tech names about to report, now may be the time to look at adding these stocks. While they’ve typically been growth names, in a market slowdown, smaller companies may not be able to grow. And the big established names could end up with a larger market share as a result. One company ...
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Lisa Lesavoy, a director at Comtech Telecommunications Corp (CMTL), recently added 10,000 shares. The buy increased her stake by 118 percent, and came to a total price just over $102,000. The buy comes a day after the company CFO bought 4,000 shares for just over $32,000, and the company President and CEO picked up 6,250 shares, for just under $60,000. Insiders were otherwise sellers of shares in 2019 and earlier. Overall, insiders at the company own about 3.3 percent of shares. Shares ...
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