Trading Tips Blog

After posting the worst monthly performance in a decade, the U.S. dollar has been able to hold its ground. The value of the dollar is typically determined by the exchange rates of the world’s major currencies. The U.S. Dollar Index is one measure that investors typically use to represent the dollar’s performance. Investing I the dollar index can be done through the Invesco DB Dollar Index Bullish Fund (NYSEARCA: UUP) and on Monday, it was the options market on ...
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Axis Capital Holdings Ltd (NYSE: AXS) is a $3.61 billion property and casualty company that saw a surge in buying activity last week from an independent director of the company named Charles A. Davis. Davis is the CEO of Stone Point Capital and Chairman of the Investment committees of the Trident Funds and is not new to investing in property and casualty with previous positions in Progressive Corp in 2012. After succumbing to the market selling in February, the share price ...
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It’s been a surprising Q2 earnings season so far. With over 80% of companies beating estimates and earnings growth coming in higher than expected, it has led Goldman Sachs to raise their earnings guidance for the next two quarters last Friday. As we look forward to finishing this week, there are several relevant companies reporting earnings. Here’s five companies to watch and what to expect. As you consider the Q2 earnings season, it’s hard to be bullish about seeing earnings decline ...
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As the S&P 500 finished higher on Friday to end the week, it was the Technology sector that seemed to lose its way. While the sector finished in the middle of the pack for the week in terms of performance, it was the laggard on Friday with nearly a 1.5% decline. The only other sector to finish lower was Communications. The Technology Select Sector SPDR Fund (NYSEARCA: XLK)  is an ETF that tracks the sector and it saw some ...
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It’s been six months since Amazon.com, Inc (NASDAQ: AMZN) Chairman, President and CEO Jeff Bezos has sold shares. As Amazon is struggling with the high altitude of its price, he’s selling again. While the number of shares isn’t significant in terms of his holdings, it is an indication that the price may be vulnerable here as the economy is continues mired in a recession. Since the March low near $1620, Amazon’s share price has over doubled from that level. When ...
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An ETF is a conglomeration of companies that are typically organized by market cap, index, or industry. The idea is to group similar companies together that allows investors some opportunity to diversify based on a particular investment preference. Here’s a list of ETFs that are more focused and invest in areas that are may see big moves in the next week or two. The trouble with many style ETFs is that they are dominated by the same handful of stocks that ...
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After the market close on Thursday, it was up to Uber Technologies Inc (NYSE: UBER) to give a hint at the state of rideshare companies following the advent of COVID-19. While the company was down afterhours, the results beat expectations. With LYFT Inc (NASDAQ: LYFT) set to announce next week, option bulls have been building their positions for most of the week and are looking for a positive result next week. For Uber, analysts were expecting an $0.86 loss, ...
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Eight different insiders stepped up to buy shares of WesBanco Inc (NASDAQ: WSBC) preferred offering that was issued on August 4. For the Wheeling, WV bank, it’s an indication of positive expectations for the bank as it attempts to find a bottom and work it’s way higher. In a week where interest has picked up for banking stocks, it makes the timing of the issuance and purchases interest for those looking for long opportunities. When the company reported earnings on ...
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