Insider Trading Report: Asa Gold (ASA)
William Donovan, a director at
Asa Gold (ASA) recently picked up 1,000 shares. The total cost came to just under $19,000. The buy doubled the director’s stake. This adds to a number of other buys from directors and the company’s President and COO over the past few months, with trades anywhere from a few hundred shares to 10,000 shares. The last sale by a company insider was in January 2020. The gold stock has slid to a six-month low as the metal ...
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Asa Gold (ASA) recently picked up 1,000 shares. The total cost came to just under $19,000. The buy doubled the director’s stake. This adds to a number of other buys from directors and the company’s President and COO over the past few months, with trades anywhere from a few hundred shares to 10,000 shares. The last sale by a company insider was in January 2020. The gold stock has slid to a six-month low as the metal ...
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Big Box Retailers Oversold on Tech Meltdown
Markets are forward looking. And when looking at retail plays, they see things getting worse, not better, for a number of big-box stores. Why? Same-store sales trends. The big players saw a surge higher as mom and pop stores closed, and that trend may unwind slightly, which could hurt future trends.
That’s led to a number of big-name retailers decline even after posting great sales and earnings numbers.
The latest victim of this trend is
Costco (COST). The warehouse giant knocked its earnings ...
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Costco (COST). The warehouse giant knocked its earnings ...
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Unusual Options Activity: Snowflake (SNOW)
Cloud-based software giant
Snowflake (SNOW) has seen shares drop over 40 percent from their peak in early December. One trader sees a potential move higher from here. That’s based on the April $250 calls. With shares around $240, it would take a $10 move higher for the trade to move in-the-money. Over 7,600 contracts traded, a 57-fold rise from the open volume of 134. The buyer paid about $17.05 for the contract. Shares of the company went public in September. Since inception, shares have ...
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Snowflake (SNOW) has seen shares drop over 40 percent from their peak in early December. One trader sees a potential move higher from here. That’s based on the April $250 calls. With shares around $240, it would take a $10 move higher for the trade to move in-the-money. Over 7,600 contracts traded, a 57-fold rise from the open volume of 134. The buyer paid about $17.05 for the contract. Shares of the company went public in September. Since inception, shares have ...
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Chipmaking Shortage Continues to Point to Profits
With the stock market in full meltdown mode, companies reporting great earnings numbers are being totally ignored. The chipmakers are one such place, where great earnings have been met with massive hits to share prices.
While valuations may have been high going in to this correction, for growing companies dealing with more demand than can be met in the short-term, this looks like one of the first places in tech likely for a strong rebound.
Case in point?
Broadcom (AVGO). The company reported ...
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Broadcom (AVGO). The company reported ...
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Insider Trading Report: Dominion Energy (D)
Robert Blue, President and CEO of
Dominion Energy (D) recently picked up 14,402 shares. The buy came to $1 million. He was joined by director Mark Kington, who bought 2,000 shares a day later. Insiders have largely been sellers of shares in prior months. However, the share price has now slid over 20 percent from its peak, and this may be the start of a new policy of insiders taking advantage of volatile moves in the market. Shares of the utility giant ...
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Dominion Energy (D) recently picked up 14,402 shares. The buy came to $1 million. He was joined by director Mark Kington, who bought 2,000 shares a day later. Insiders have largely been sellers of shares in prior months. However, the share price has now slid over 20 percent from its peak, and this may be the start of a new policy of insiders taking advantage of volatile moves in the market. Shares of the utility giant ...
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Unusual Options Activity: Advanced Micro Devices (AMD)
Tech stocks have gone into full meltdown mode in the past week. That’s created some huge bargains as many names have given up year-to-date gains… or even further back. One trader sees a rebound in shares of
Advance Micro Devices (AMD) by May. The activity is in the $92.50 calls. Over 7,500 contracts traded recently, a 45-fold jump in volume from the prior open interest near 166. The buyer paid about $2.20 to make the trade on average. The $92.50 strike would Read More About This
Advance Micro Devices (AMD) by May. The activity is in the $92.50 calls. Over 7,500 contracts traded recently, a 45-fold jump in volume from the prior open interest near 166. The buyer paid about $2.20 to make the trade on average. The $92.50 strike would Read More About This
Tight Semiconductor Market Continues to Benefit Amidst Volatile Markets
Stock market volatility has been rising in recent sessions, and few spaces look immune to potential wild daily swings. For the semiconductor space, however, a supply crunch is likely to limit potential downside damage.
That’s especially true for
Micron (MU). The company beat on earnings estimates, and raised its forecast for the year for earnings, margin, and revenue. While shares sank when reporting earnings on Wednesday, and on Thursday's market meltdown, the longer-term uptrend looks intact. Shares have also benefitted in recent weeks ...
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Micron (MU). The company beat on earnings estimates, and raised its forecast for the year for earnings, margin, and revenue. While shares sank when reporting earnings on Wednesday, and on Thursday's market meltdown, the longer-term uptrend looks intact. Shares have also benefitted in recent weeks ...
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Insider Trading Report: Camping World Holdings (CWH)
Marcus Lemonis, CEO and a major holder at
Camping World Holdings (CWH), recently picked up 3,127 additional shares. The cost came to just over $100,000, and represents a 0.5 percent increase in holdings. The buy comes as shares have pulled back nearly 20 percent from all-time highs. This marks the first buy at the company since November. Insider activity has generally been bullish, except in the past year when a fund with a large stake moved to sell off their holdings. The ...
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Camping World Holdings (CWH), recently picked up 3,127 additional shares. The cost came to just over $100,000, and represents a 0.5 percent increase in holdings. The buy comes as shares have pulled back nearly 20 percent from all-time highs. This marks the first buy at the company since November. Insider activity has generally been bullish, except in the past year when a fund with a large stake moved to sell off their holdings. The ...
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