Trading Tips Blog

The pandemic is largely over in the United States and around the world, as many cities, states and countries have started dropping mask and social-distancing mandates that have marked nearly two years now. Already, travel trends have pointed to a recovery in that sector, with further room to go before getting to pre-pandemic levels. That will likely accelerate as plans for Covid passports and other restrictive measures to travel now appear unlikely. But one clear winner is already emerging. The company? Airbnb ...
Read More

Farhad Nanji, a director at PennyMac Financial Services (PFSI), recently added 95,982 shares. The buy increased his stake by over 2 percent, and came to a total price of just over $5.8 million. The buy came 4 days after he made another buy of 204,018 shares, costing just under $12.5 million. Over the past three years, insider transactions have featured more insider sales, but buys have been more prominent in the past few months. Overall, insiders own 15.3 percent of company ...
Read More

Shares of communications infrastructure firm CommScope Holding Company (COMM) have shed more than half their value in the past year. However, one trader sees shares as potentially rebounding strongly from here. That’s based on the May $11 calls. With 91 days until expiration, 7,738 contracts traded compared to a prior open interest of 103, for a 75-fold rise in volume. The buyer of the call options paid $0.75 to make the trade. With shares currently around $9.50, the stock would need ...
Read More

It’s no surprise that conventional energy stocks have been strong performers in the past year. From industry leaders to smaller players, rising energy prices have fueled market-beating performance. With oil nearing $100 per barrel, it may be unthinkable, but the commodity could further rally further. Given the amount of insider trades and unusual options activity in the energy sector we’ve seen over the past year and a half, it’s clear that institutional investors and experts are betting on a further rally ...
Read More

Edward Ludwig, a director at CVS Health Corp (CVS), recently added 1,000 shares. The buy increased his holdings by 3.5 percent and came to a total price of just under $106,000. The director was also responsible for the last insider buy at the company last August, with a 3,000 share pickup for just under $239,000. Otherwise, company insiders have largely been sellers at the drugstore chain. Overall, insiders at the company own just under 0.2 percent of shares. The drugstore chain is ...
Read More

Shares of social media company Pinterest (PINS) have been in a steady downtrend for the past year, shedding more than two-thirds of their value. One trader sees the potential for a rebound ahead. That’s based on the March $25 call option. With 29 days until expiration, 12,053 contracts traded compared to an open interest of 621, for a 19-fold jump in volume. The buyer of the calls paid $1.89 to make the trade. Shares recently went for just under $25, making this ...
Read More

There’s an old saying that the Chinese word for crisis is also the same word for opportunity. That can be the case in the stock market often, as short-term fears create long-term buying opportunities for astute investors. That’s the case with many beaten-down tech stocks right now. While there are still some pockets of overvaluation, a number of opportunities are available for industry-leading companies at a reasonable price right now. One clear-cut example is Advanced Micro Devices (AMD). Last week’s market selloff ...
Read More

Saba Capital Management, a major owner of Salient Midstream (SMM), recently added 35,636 shares. The buy increased the fund’s holdings by over 1.2 percent, and came to a total purchase price of just over $261,000. That adds on the fund’s other buys, including another 38,000 shares added earlier in February, as well as nearly 100,00 shares in January and over 100,000 in December alone. Outside of major fund holders, no insiders are recorded owners of the company since it went public. However, ...
Read More