Trading Tips Blog

When a company makes its initial public offering, it’s designed to go higher in the first few trading days. This creates a sense of momentum. And when that doesn’t happen? It’s even called a failed IPO.
Coinbase (COIN) is the latest company to face a failed IPO. Of course, the company made a direct listing allowing insiders to cash out rather than raise money. But now, the company is looking to raise capital… by raising debt. Shares traded lower on the news ...
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AT&T (T) shares first rallied on Monday on news the company was splitting off its media assets. However, shares closed the day lower as traders saw what looked like a poor deal for the company. While that’s likely to weigh on shares, other media plays are starting to look more attractive as a result. That could lead to better returns, particularly for some of the more beaten-down names in the space. With AT&T moving from a 5 percent gain to a ...
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Jorge Gonzales, President and CEO of
The St. Joe Co (JOE), recently picked up 1,000 shares. The buy increased his holdings by nearly 5 percent, and came to a total price of just under $42,000. This marks the first insider buy of 2021. A fund with a large ownership stake has been a seller this year. Looking at the past 3 years, C-suite executives and directors have only been buyers of shares. Overall, company insiders own about 7 percent of shares. The ...
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Cannabis stocks exploded higher at the start of the year and have now given up their gains.
Tilray (TLRY), for instance, started the year under $10, spiked to $60, and has now lost most of its value to trade at $15. One trader sees a rebound ahead. Over 2,970 contracts traded on the August $30 calls, a 21-fold rise in volume from the prior open interest of 141. The buyer paid about $0.58 for the options, which will require shares to about double ...
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Chinese search giant
Baidu (BIDU) has just completed a head and shoulders pattern, undoing its recent gains and now trades back at a five-month low. One trader now sees the potential for a bounce higher. That’s based on the July $185 calls. Over 10,197 contracts traded against a prior open interest of 299, for a 34-fold rise in volume. The buyer of the option which has two months to play out, paid about $13.50 for the contract. This is a slightly in-the-money trade, ...
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Cryptocurrency mining has led to a large surge in demand for processing power. That’s been great for companies that manufacture those products. But some of today’s newer cryptocurrencies are using data storage in a larger way than in cryptos of the past. That’s created a surging demand for hard drives, and reversed a declining sales trend for hard drives that occurred over the past few years on concerns that everything would simply move to the cloud. In particular a new cryptocurrency, Chia, ...
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  Janet Miller, a director at
Cleveland-Cliffs (CLF), recently bought another 1,280 shares. The buy increased her stake by less than 2 percent, and came to a total cost of just under $25,000. This is the second buy of the year, following a 15,000 share buy form the company CFO in March. Over the past 3 years, C-suite executives and company directors have been exclusively buyers. The only sale has come from the stake held by another company. Overall, insiders own nearly 9 ...
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Casinos have been a hot gamble with investors over the past year. Pandemic-driven shutdowns led to a collapse in business. But speculation on reopening has been good for the space. One trader sees room for a further rally in
Las Vegas Sands (LVS). That’s based on the August $60 calls. Expiring in 95 days, and with shares near $56, the trade would move in-the-money if shares rallied less than 10 percent higher from here. Over 22,700 contracts traded against an open interest of ...
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