9488

CEO Adding Shares of Live Oak Bancshares as Stock is Breaking Out

Live Oak Bancshares Inc (NASDAQ: LOB) is a bank holding company that has had a wild ride in 2020. The company has seen a turnaround in their earnings from its trough in Q1. They have similarly seen a turnaround in their price as well with the stock breaking out to a new 52-week high on Monday on extraordinary volume. One person that can say I told you so is the CEO and 10% owner. He’s been adding a significant ...
Read More About This
|
9486

Options Market Layering Bullish Spreads on iShares Silver Trust

Silver has been deliberating following the meteoric ascent in its share price in July. As the U.S. dollar has slowed the bleeding, silver has seen its price form a symmetrical triangle. However, since Chairman Powell’s Jackson Hole speech last Thursday, the price has started to rise again. Option traders on the iShares Silver Trust (NYSEARCA: SLV) are seeing the same things as several bullish option spreads were filled on the ETF today. Silver is an interesting commodity since it is ...
Read More About This
|
9484

8 Stocks Announcing Earnings and What the Market is Expecting

Earnings season is winding down to a trickle of companies that are announcing. However, that doesn’t mean that there isn’t opportunity buying some of these companies before or trading them over the announcement. Frequently. the outlook for earnings and the potential for volatility are getting priced in ahead of the news. For companies announcing this week, now’s the time to analyze the potential for the move happens. Here are 8 companies with earnings reports this week and what to expect ...
Read More About This
|
9480

ZoomInfo Tops the Insider Selling List as the Company Increases Secondary Offering

ZoomInfo Technologies Inc (NASDAQ: ZI) operates cloud-based go-to-market intelligence platform for sales and marketing teams. It began trading on the secondary market on June 4, 2020 and insiders are looking to cash out. The initial offering announcement at $37 a share for over 14 million shares has continued to swell as other insiders are selling additional shares. As the price has fallen back near the initial trade price on the secondary market, things look like the downside may not ...
Read More About This
|
9477

Peloton Breaks Out Ahead of Earnings as Option Volume Surges

There are companies that have been seriously hurt by policies of the pandemic and there are companies that have benefited. With all of the gym closures, the transition to working out at home has lifted Peloton Interactive Inc (NASDAQ: PTON). The company has stationary bicycles but the focus in their upcoming earnings report on September 10 will be the state of their subscription services. While the stock has rallied significantly, the rally may not be over and option traders ...
Read More About This
|
9474

5 Technology Service Stocks to Buy Today

It was a great week for service companies in general. However, not all service companies are created equal in a pandemic. For example, when will travel companies return to pre-crisis levels of earnings and revenues? One area that has consistently shown an ability to weather COVID are technology companies. In fact, many have seen a surge in their business throughout. Here are five companies that broke out last week that are seeing an increase in their outlook and share price. The ...
Read More About This
|
what are the best stocks to buy for beginners

What Are the Best Stocks to Buy for Beginners?

Getting started is the hardest part of any endeavor. Investing is no different. While the world of investing can be infinitely complex, there are a few ways for investors to start investing in the stock market (also known as the equity market or even share market). Most beginner investors will either gravitate towards buying an index fund, an exchange-traded fund (ETF) or mutual fund that tracks an entire stock exchange, or they’ll start buying penny stocks in the hope of large and ...
Read More About This
|
9466

Option Traders Getting the Jump on Sirius XM Holdings Ahead of the Move

Sirius XM Holdings Inc (NASDAQ: SIRI) has been gobbling up competitors in an effort to capitalize on podcasting trends. The added technology and the successful free streaming offer in May and June proved to be a success. On Thursday, option traders stepped up to buy a significant number of call option for an out-of-the-money strike price. The expectation is that the listlessness of SIRI may be coming to an end. SIRI has worked hard to dominate the digital audio ...
Read More About This
|