Trading Tips Blog

The latest statements from companies relying on semiconductors for operations is still grim. A shortage persists, and likely won’t be fully resolved this year. That’s likely to impact everything from consumer electronics this holiday season (it’s coming sooner than you think), to the production of new automobiles. While a number of companies are working to ramp up production, the actual physical manufacturing is likely resulting in delays, as only a few organizations can actually manufacture at scale. These few players likely ...
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John Rutherford, a director at Enterprise Products Partners LP (EPD), recently bought 10,000 more shares. The buy increased his stake by nearly 26 percent, and came to a total purchase price of just under $222,000. This is the first insider buy in nearly a month. Overall, company insiders have been buyers of shares with just one small exception over the past three years back in 2019. In total, company insiders own about 32.5 percent of shares. Shares of the partnership are up ...
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Online auction site eBay (EBAY) has seen shares move higher over the past year with a number of small dips along the way. One trader sees that trend continuing in the short term. That’s based on the September 10 $70 calls. Over 5,715 contracts traded compared to an open interest of 122, for a 47-fold rise in volume. The buyer of the calls paid about $0.47 to make the trade. With 10 days until expiration, and with shares around $76.50 right ...
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After a swift drop earlier in the year after hitting all-time highs, cryptocurrencies have surged higher in prior weeks. The space is pausing again, but may be on track to resume its rally soon. While many companies have embraced cryptocurrencies, the trend is still early. But investors who want exposure to the space without having to buy and store their own have a few solid opportunities. For those just looking for exposure to Bitcoin, MicroStrategy (MSTR) may be the way to go ...
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Loan Le Duy, a director at Cree Inc. (CREE), recently bought 1,000 more shares. The buy increased the holdings by nearly 6 percent, and came to a total price of just under $85,000. That marks the second insider buy of the year, also from the same director. Overall, insiders have been sellers of shares over the past 2 years, with insiders last buying in late 2019. Overall, insiders own about 0.5 percent of company shares. The manufacturer of semiconductors and light emitting ...
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Real estate platform company Opendoor Technologies (OPEN) has been trending down since February. However, one trader sees the potential for a rebound in the next year and change. That’s based on the January 2023 $23 calls. With 508 days until expiration, over 35,013 contracts changed hands, a 71-fold jump in volume from the prior open interest near 490 contracts. The buyer of the calls paid about $3.60 to make the buy. Shares would need to move about 37 percent higher from their ...
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Economic data continues to show that the rich got richer during the pandemic. Most were unaffected by shutdowns, and having wealth tied up in appreciating assets like stock and real estate increased their net worth. That’s also true well into the middle class, a trend that also benefits a number of higher-end retailers. Like the big box stores, these companies have held up well, as reduced spending in activities like attending concerts or going out to dine led to higher spending ...
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Arik Ruchim, a director at Six Flags Entertainment Corp (SIX), recently bought 100,000 shares. The buy increased his stake by 1.2 percent, and came to a total purchase price of just over $3.8 million. This follows a buy from the day before by the company president and CEO, who bought 13,200 shares. That buy came in at just under $500,000. Prior insider activity over the past year had previously been all sales until these buys. Overall, company insiders own about 2 ...
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