Trading Tips Blog

Companies are constantly merging with other companies, or selling off divisions to other companies. This news will typically lead to one company seeing its shares rise, and another fall. Usually, the company making the offer to buy a company or a division will decline. But over time, owning an additional source of revenue can be additive to the bottom line. That’s why many big-cap tech companies have grown through acquisitions in recent years. Other sectors are doing the same. One example is ...
Read More

Saba Capital Management, a major holder of ASA Gold and Precious Metals Limited (ASA), recently added 20,445 shares. The buy increased the fund’s stake by less than 1 percent, and came to a total cost of $313,298. The fund was joined by the company COO, who bought over 10,000 shares in 3 separate transactions over 3 days last week. Those buys totaled over $150,000. There have been no sales by company insiders over the past two years. Overall, ASA Gold insiders ...
Read More

Medical device manufacturer Boston Scientific Corporation (BSX) is up 19 percent over the past year, and shares trade near a 52-week high. One trader sees the stock moving even higher in the coming weeks. That’s based on the January 5, 2024 $58 calls. With 24 days until expiration, 3,351 contracts traded compared to a prior open interest of 116, for a 29-fold rise in volume on the trade. The buyer of the calls paid $0.19 to make the bullish bet. Boston Scientific ...
Read More

2023 has been a banner year for AI stocks. However, as with anything tech related, it’s a sector prone to big swings. The secret to succeeding with such investments is to look at the fundamentals. If a company can still deliver – and in the tech space, new competitors create obsolete ideas all the time – it could be a winner when shares are hit hard. Buying or adding to such positions when they’re down can make for big profit opportunities ...
Read More

Kristen Soler, EVP at Advance Auto Parts (AAP), recently bought 1,000 shares. The buy increased her stake by 9 percent, and came to a total cost just under $53,000. This marks the first insider activity since September, when a company director bought 8,670 shares for just under $500,000. And other company directors made a cluster of buys back in June, when AAP traded about $13 per share higher than today’s prices. In total, Advance Auto Parts insiders own 1.1 percent of ...
Read More

Semiconductor developer Marvell Technology (MRVL) is up 21 percent over the past year, beating the S&P 500 by about 6 points. One trader sees further outperformance in the months ahead. That’s based on the March $52.50 calls. With 95 days until expiration, 9,396 contracts traded compared to a prior open interest of 166, for a 57-fold rise in volume on the trade. The buyer of the calls paid $4.50 to make the bullish bet. Marvell recently traded for about $52, so shares ...
Read More

Some sectors are secular, which offer a long-term growth trend. That’s where growth stocks such as those playing to the AI trend have seen great results this year. Other sectors are cyclical, leading to some years with great returns, followed by poor ones. However, knowing how to play the cycle can lead to great returns for those looking to buy and hold for a few months to a few years. Investing in beaten-down leaders with strong cash flows is the key. In ...
Read More

Christopher McCormick, a director at Big Lots (BIG), recently bought 12,000 shares. The buy increased his holdings by 31 percent, and came to a total cost of $75,480. This marks the first insider activity since June, when two company EVPs and a director bought a combined 23,000 shares. Going further back, the company’s President and CEO was a buyer in May for 51,000 shares. And the last insider sales occurred in April 2022. In total, Big Lots insiders own 3.5 percent ...
Read More