Trading Tips Blog

With traders uncertain as to the market’s next move, a great way to find opportunities is to look for the best values in each sector. For big tech, only a few companies look attractive now. That’s because the market rally of the past year has led to a high valuation in terms of earnings, sales, and other traditional measures. However, some values remain, particularly in a company that largely sat out the rally and can move higher. The big tech play? Cisco ...
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The past week has seen a big shift in investor sentiment following the latest Fed meeting and inflation fears. While some sectors like tech have performed relatively better, one market has been in a strong uptrend for the past few months. And, from a seasonal perspective, it’s also an area that will likely have its strongest demand over the next few weeks, until downshifting in the fall. That sector is the energy space, particularly oil. Prices of crude are at two-year highs, ...
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Frederik Mohn, a director and major holder at Transocean (RIG), recently picked up 5,000,000 shares. The buy came to a total purchase price of $20.9 million, and represents a 7.4 percent increase. This is the first insider activity at the company in 2021. Insiders were more active in February and March of 2020, including a number of company directors. Going back further, company insiders were sellers as much as buyers, including trades from company officers. Overall, company insiders own nearly 6 ...
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Shares of casino operator Caesar’s Entertainment (CZR) have been in an uptrend for the past few months, but have recently pulled back to the lower end of their trendline. One trader sees a continued move higher in the coming months. That’s based on the January 2022 $130 calls. Over 4,400 of the contracts traded against a prior open interest of 132, for a 33-fold rise in trading volume. With shares of the company around $100, it would take about a 30 percent ...
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Shares of department store chain Macy’s (M) have been in a steady uptrend for the past several months. One trader sees a continuation of that trend in the months to come. That’s based on the November $21 calls. With 151 days left on the trade, over 25,500 contracts traded, a 33-fold rise from the prior open interest of 767 contracts. The buyer of the calls paid $1.80 on average for the contract. With shares last around $18, they would need to rise ...
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Tech stocks started moving higher overall last week as inflation expectations dropped following the latest Federal Reserve meeting minutes. In the tech space, software companies offer excellent returns overall, as they require little (if any) physical production. That keeps profit margins high. For corporate software, the trends are steady even as work trends oscillate between being remote or in office. One such winner? Adobe (ADBE). The creative software company just trounced its earnings late last week, announcing a 23 percent rise in ...
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M. Jeannie Strandjord, a director at Euronet Worldwide (EEFT), recently picked up 1,166 additional shares. The buy increased her stake by 2.5 percent, and came to a total price of just over $146,000. This marks the first insider transaction of 2021. Insiders have mostly been sellers over the past three years, even as shares have trended higher. Overall, company insiders own 4.4 percent of shares. The company provides payment and transaction processing and distribution services, including automated teller machines (ATMs), and ...
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Roger Ferguson, a director at Corning (GLW), recently bought 1,420 shares. The buy increased his stake by nearly 26 percent, and came to a total purchase price of just under $60,000. This follows up on a buy from the same director last month. However, there have also been a number of insider sales since then, although the share price of the company has continued higher. Over the past three years, insiders have generally been sellers of shares. Overall, company insiders do ...
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