Trading Tips Blog

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 ...
Read More About This

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, ...
Read More About This

Shares of oil and gas equipment giant
Halliburton Company (HAL) have been trending higher with the price of oil over the past few months. One trader sees the potential for a big jump higher in the coming months. That’s based on the September $28 calls. Expiring in 74 days, over 46,640 contracts recently traded, a massive 259-fold jump in volume from the prior open interest of 180 contracts. The buyer of the call options paid about $0.70 to make the trade. With shares ...
Read More About This

A number of sectors are looking strong going into the back half of the year. In one sector, costs are going down, expenditures look likely to drop, and prices remain robust, which makes for an attractive move going forward. The sector? Oil and natural gas. A number of companies are looking good as OPEC is set to meet on production, with oil potentially capable of seeing oil hit $100 per barrel. Case in point
is ConocoPhillips (COP). The energy giant just increased its ...
Read More About This

Michael Gravelle, general counsel at
Foley Trasimene Acquisition Corp (WPF), recently bought 10,000 shares. The buy represents an initial purchase by the holder. The total cost came to $99,800. The buy occurred on the same day that William Foley, a major owner, also bought 100,000 shares, at a cost of $999,000. The company CEO also bought 10,000 shares at the same time. One fund with a major stake in the company has been a seller of shares since the company went ...
Read More About This

Shares of semiconductor firm
Advanced Micro Devices (AMD) have seen a strong rally in the past few weeks. One trader sees that trend continuing through the end of the month. That’s based on the July 30 $110 calls. With 28 days until expiration, over 7,190 contracts traded against an open interest of 268, for a 27-fold jump in volume. The buyer of the calls paid $1.04 to make the trade. With shares around $94, they’d need to rise $16 or about 20 percent ...
Read More About This

Even when inflation rates weren’t rising at multi-year highs, prices for some goods have been rising far higher than the national average. One of the biggest areas with increasingly higher prices has been in drug costs. Enter
Walmart (WMT). The retail giant is now offering a private-label insulin. The diabetes drug is priced at nearly 50 percent lower than brand names, potentially saving users thousands of dollars per year. The company’s ReliOn NovoLog brand of insulin vials and pens has started being ...
Read More About This

Kevin Spain, a director at
Doximity (DOCS), recently bought 775,000 shares. The buy came to a total cost of just over $20 million, and represents a new stake for the director. The move comes as another director sold nearly 4.3 million shares, netting over $105 million. While that may sound extreme, the company just went public last week. Full insider data isn’t available yet, but it still appears substantial in its initial post-IPO period. Doximity operates a cloud-based digital platform for medical ...
Read More About This