Profit From The Migration Trend That’s Slowing, Not Stopping
People need to move, no matter what the economy is doing. And many will move to areas with lower taxes, higher growth, and better job opportunities. That’s been playing out slowly over the past decade, with the pandemic causing a faster migration rate as many looked to move to lower-density areas.
While that trend is slowing, it isn’t stopping. And companies that cater to this trend will likely continue to fare well in the years ahead.
One company benefitting from this trend ...
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Insider Trading Report: BRT Apartments Corp (BRT)
Jeffery Gould, President and CEO at
BRT Apartments Corp (BRT), recently picked up 14,735 shares. The buy increased his holdings by 0.4 percent, and came to a total price just over $320,000. He was joined by a senior vice president, who also picked up about 15,000 shares, paying about the same amount as well. Insiders were largely sellers of shares in the past three years before these recent buys. Overall, company insiders own about 20.1 percent of shares. The apartment REIT is up ...
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BRT Apartments Corp (BRT), recently picked up 14,735 shares. The buy increased his holdings by 0.4 percent, and came to a total price just over $320,000. He was joined by a senior vice president, who also picked up about 15,000 shares, paying about the same amount as well. Insiders were largely sellers of shares in the past three years before these recent buys. Overall, company insiders own about 20.1 percent of shares. The apartment REIT is up ...
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Unusual Options Activity: Apple (AAPL)
Shares of consumer tech giant
Apple (AAPL) have held up better than most tech stocks in the past year. However, one trader sees shares continuing their recent downtrend in the coming weeks. That’s based on the October $133 puts. With 28 days until expiration, 2,410 contracts traded compared to a prior open interest of 104, for a 23-fold rise in volume on the trade. The buyer of the puts paid $0.90 to get into the trade. Shares recently traded for about $154, so ...
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Apple (AAPL) have held up better than most tech stocks in the past year. However, one trader sees shares continuing their recent downtrend in the coming weeks. That’s based on the October $133 puts. With 28 days until expiration, 2,410 contracts traded compared to a prior open interest of 104, for a 23-fold rise in volume on the trade. The buyer of the puts paid $0.90 to get into the trade. Shares recently traded for about $154, so ...
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Consider Companies Rightsizing their Executive Suites Now
In normal markets, news of a layoff can lead to a share price going higher. The market tends to interpret that as a company reducing headcount, especially if the company has been growing. Today, it may lead to a selloff, as traders may be concerned that the company is shrinking.
But companies that are looking to streamline just parts of their business, particularly in its executive suites with cuts at the corporate level, can send a message that they’re concerned about ...
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Insider Trading Report: APi Group Corp (APG)
Anthony Malkin, a director at
APi Group Corp (APG), recently picked up 92,145 shares. The buy increased his stake by a massive 706 percent, and came to a total cost of just under $1.4 million. That follows up on a number of buys by the director in the past few weeks, and a 37,800 share buy back in June. Going further back, company executives have also been regular buyers of shares, with no insider sales in the past three years. Overall, company insiders ...
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APi Group Corp (APG), recently picked up 92,145 shares. The buy increased his stake by a massive 706 percent, and came to a total cost of just under $1.4 million. That follows up on a number of buys by the director in the past few weeks, and a 37,800 share buy back in June. Going further back, company executives have also been regular buyers of shares, with no insider sales in the past three years. Overall, company insiders ...
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Unusual Options Activity: GameStop (GME)
Shares of video game retail platform
GameStop (GME) are down 39 percent over the past year, nearly four times as much as the overall stock market. One trader sees a further decline in the coming weeks. That’s based on the November 18th $26.25 put options. With 57 days until expiration, 4,550 contracts traded compared to a prior open interest of 149, for a 31-fold rise in volume on the trade. The buyer of the puts paid $4.08 to make the bet. The stock ...
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GameStop (GME) are down 39 percent over the past year, nearly four times as much as the overall stock market. One trader sees a further decline in the coming weeks. That’s based on the November 18th $26.25 put options. With 57 days until expiration, 4,550 contracts traded compared to a prior open interest of 149, for a 31-fold rise in volume on the trade. The buyer of the puts paid $4.08 to make the bet. The stock ...
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Continue to Add Defensive Names in Today’s Market
The stock market will always be volatile. In today’s environment, big daily swings have been the norm. For investors who are using those swings to pick up quality companies at a reasonable price, they’ll be rewarded on top of any trading income as well.
Right now, markets are fearful over a potential decline in corporate earnings. That’s already been the case for a few quarters, but high energy prices this year are causing higher prices in everything from electrical generation to ...
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Insider Trading Report: Comstock Resources (CRK)
M. Jay Allison, Chairman and CEO of
Comstock Resources (CRK), recently picked up 50,000 shares. The buy increased the CEO’s holdings by 3 percent, and came to a total price of $975,000. A company director also picked up 14,000 shares on the same day, increasing their stake by about 10 percent with a $254,000 buy. Three other company directors have been buyers in the past three months. All of these transactions have been the sole insider trading at the company in the last ...
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Comstock Resources (CRK), recently picked up 50,000 shares. The buy increased the CEO’s holdings by 3 percent, and came to a total price of $975,000. A company director also picked up 14,000 shares on the same day, increasing their stake by about 10 percent with a $254,000 buy. Three other company directors have been buyers in the past three months. All of these transactions have been the sole insider trading at the company in the last ...
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