Trading Tips Blog

The past few months have been tough for many stocks. Even with markets near all-time highs, a number of individual sectors and companies have been hit hard. One company sliding in recent weeks has been Chipotle Mexican Grill (CMG). Shares are now back to six-month lows, and have now underperformed the S&P 500 over the past year. But shares have recently gotten into oversold territory, and look set to make a move higher. Analysts are starting to notice the pattern in ...
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James Hanson, a director at Lakeland Bancorp Inc (LBAI) recently bought 1,240 shares. The buy came to just over $18,500 and represents a 1.4 percent increase in his holdings. This is the first insider buy since February. Insiders have been active buyers of shares at the bank, with only one insider sale in the past year. These buys include both company executives and directors. Overall, insiders own 4.3 percent of company shares. The bank has seen revenue rise by 34 percent ...
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The recent selloff in tech has caused a number of big-name companies benefitting from the semiconductor shortage to decline. One such name is Advanced Micro Devices (AMD). At least one trader sees room for a rally ahead. That’s based on the March 2022 $77.50 calls. With 298 days until expiration, over 13,300 contracts traded, a 60-fold rise in volume from the prior open interest of 222. The buyer of the calls paid about $11.40 for the option. With shares around $78, the ...
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Companies solving problems related to remote work trends fared well at the start of the pandemic. While that’s ending, a few companies are likely to be able to continue carrying on their success. One such company is Salesforce (CRM). The company was recently given an upgrade to an overweight rating, as shares are at a solid discount from their peak and the enterprise software company is likely to continue consolidating its market share. Shares have also started trending up again in ...
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Electric car manufacturer Tesla Motors (TSLA) has been out of favor with the markets in recent weeks. At least one trader sees further short-term weakness. That’s based on a number of unusual options trades. The June 11 $480 put is one such trade. Over 3,580 contracts traded from a prior open interest of 180, for a 20-fold rise in volume. The buyer of the option, which expires in 21 days, paid about $7.95 for the contract. With shares around $565, shares would ...
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Roger Ferguson, a director at Corning (GLW), recently bought 1,399 additional shares. The buy increased his holdings by nearly 52 percent, and came to a total purchase price of just under $43,000. This marks the first insider buy in three years, and as shares are at a multi-year high. Prior insider activity shows a deluge of sales from company executives. This is the first insider activity from any director in the past three years as well. Overall, company insiders own 9.7 ...
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Utility giant Next Era Energy (NEE) has seen shares slide to a price point where it’s bounced higher on previous occasions the past few months. One trader sees that happening again. That’s based on the August $75 calls. With 92 days until expiration, over 6,020 contracts traded from a prior open interest of 178, for a 34-fold rise in volume. The buyer of the options paid about $2.15 to make the trade. With shares down near $72.50, the option is just slightly ...
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Samuel Lyon, a division president at Ampco-Pittsburgh (AP), recently bought 6,000 more shares. The buy increased his stake by 9.5 percent, and came to a total price of just over $34,000. This is the first insider activity of the year. Over the past three years, company insiders have been a mix of buyers and sellers. There were some large-scale buys in 2018 and 2019 when shares dove to a multi-year low. Overall, company insiders own nearly 28 percent of shares. The ...
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