A New CEO Could Break this Stock Out of Its Stuck Range
There’s nothing wrong with a company trading in a range, moving up a little and down a little, but mostly unchanged over time. But investors who look for catalysts can likely find hints as to whether a company will break out of its range higher or lower.
Right now, one range-bound stock is also one of the biggest out there.
Shares of
Amazon (AMZN) have been stuck in the low $3,000 range after a massive rally over the past few years. Now, one ...
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Amazon (AMZN) have been stuck in the low $3,000 range after a massive rally over the past few years. Now, one ...
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Insider Trading Report: First United Corp (FUNC)
Christy DiPietro, a director at
First United Corp (FUNC) recently bought 3,000 shares. The buy increased her sake by 136 percent, and came to a total purchase price of just under $55,000. Company insiders have been repeated buyers throughout the year, albeit in small lots of as few as 11 shares. This is the largest buy year to date following a 2,100 share buy from another director in March. The last insider sale was in December 2020, albeit for a single ...
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First United Corp (FUNC) recently bought 3,000 shares. The buy increased her sake by 136 percent, and came to a total purchase price of just under $55,000. Company insiders have been repeated buyers throughout the year, albeit in small lots of as few as 11 shares. This is the largest buy year to date following a 2,100 share buy from another director in March. The last insider sale was in December 2020, albeit for a single ...
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Unusual Options Activity: Keurig Dr Pepper (KDP)
Shares of beverage firm
Keurig Dr Pepper (KDP) have been trading in a narrow range over the past few months. One trader sees the potential for a further move higher in shares in the coming months. That’s based on two different option trades with unusual activity. The most interesting is the October $36 calls. With about 100 days until expiration, over 10,912 contracts traded, a 70-fold jump in volume from the prior open interest of 157 contracts. Shares are trading for around $35, ...
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Keurig Dr Pepper (KDP) have been trading in a narrow range over the past few months. One trader sees the potential for a further move higher in shares in the coming months. That’s based on two different option trades with unusual activity. The most interesting is the October $36 calls. With about 100 days until expiration, over 10,912 contracts traded, a 70-fold jump in volume from the prior open interest of 157 contracts. Shares are trading for around $35, ...
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Another Share Drop Following Strong Earnings Points to a Rebound Opportunity
It’s a simple trading strategy: Find a company that’s performing well and just posted great quarterly earnings numbers. Then, if shares drop because the company’s guidance isn’t bullish enough, buy the dip and wait for the rebound, following the fundamentals.
That’s as strategy likely to pay off well in this market throughout earnings season. One such trade has already presented itself in
Walgreens Boots Alliance (WBA). The drugstore chain posted great growth, but shares got knocked down last week following earnings anyway ...
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Walgreens Boots Alliance (WBA). The drugstore chain posted great growth, but shares got knocked down last week following earnings anyway ...
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Insider Trading Report: Coinbase (COIN)
ARK Fintech Innovation ETF, a fund with major holdings in the cryptocurrency space, bought shares of
Coinbase (COIN) in late June. Buying nearly 82,000 shares, the fund paid out nearly $20.3 million for the shares. A related entity bought $53 million in shares the week before. Since the company went public in April, insiders at the firm, including directors and major holders, have been sellers of shares. The company went public at an official price around $350, rallied to nearly $430 on ...
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Coinbase (COIN) in late June. Buying nearly 82,000 shares, the fund paid out nearly $20.3 million for the shares. A related entity bought $53 million in shares the week before. Since the company went public in April, insiders at the firm, including directors and major holders, have been sellers of shares. The company went public at an official price around $350, rallied to nearly $430 on ...
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Unusual Options Activity: Discovery (DISCA)
Shares of media giant
Discovery (DISCA) surged higher at the start of the year, then imploded as a hedge fund blew up. In recent sessions, shares have started to trend higher. One trader is betting that the rally will continue. That’s based on the August $37.50 calls. Over 33,660 contracts traded against a prior open interest of 234, for a 144-fold jump in volume. The buyer of the calls paid about $0.58 to make the trade. With shares trading just over $31, a ...
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Discovery (DISCA) surged higher at the start of the year, then imploded as a hedge fund blew up. In recent sessions, shares have started to trend higher. One trader is betting that the rally will continue. That’s based on the August $37.50 calls. Over 33,660 contracts traded against a prior open interest of 234, for a 144-fold jump in volume. The buyer of the calls paid about $0.58 to make the trade. With shares trading just over $31, a ...
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Continued Upside in Value Stocks Could Reward Investors with Some Fizz From this Flat Performer
The first half of the year saw a slowdown in tech stocks, and better relative strength in value names. While growth has started to rise in recent sessions, investors who continue to invest in both growth and value can do well in this market.
Some of the best values may be in value names that have now underperformed over the past year. Any positive surprises in such a company may result in a jump higher in shares with low downside risk.
One ...
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Insider Trading Report: Bright Health Group (BHG)
Peter Sonsini, a major owner at
Bright Health Group (BHG), has recently picked up 1,944,444 shares. The buy came to a total price of $35 million, and represents a 1.1 percent increase in the owner’s holdings. The buy represents the sole insider activity since the healthcare plan provider went public in late June. Company insiders own an estimated 4 percent of company shares based on initial filings. In addition to offering healthcare plans, the company also provides employee insurance plans, Medicare plans, ...
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Bright Health Group (BHG), has recently picked up 1,944,444 shares. The buy came to a total price of $35 million, and represents a 1.1 percent increase in the owner’s holdings. The buy represents the sole insider activity since the healthcare plan provider went public in late June. Company insiders own an estimated 4 percent of company shares based on initial filings. In addition to offering healthcare plans, the company also provides employee insurance plans, Medicare plans, ...
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