Articles
Daily market commentary and analysis.
This Summer Trend Could Make a Comeback
While the world is always changing, there are many cyclical trends that play out while that happens. Commodities move on a long cycle, but tend to have years of a bullish uptrends before years of…
Jul 10, 2024
Insider Activity Report: Noble Corporation (NE)
Aphm Invest, a major holder of Noble Corporation (NE), recently added 300,000 shares. The buy increased the fund’s stake by 1%, and came to a total cost of $13.2 million. This is the fund’s second…
Jul 10, 2024
Unusual Options Activity: The Toronto-Dominion Bank (TD)
Canadian bank The Toronto-Dominion Bank (TD), is down nearly 10% over the past year as relatively high interest rates have weighed on loan growth. One trader sees shares trending higher into next…
Jul 10, 2024
Strong Earnings and Defensive Power Point to Long-Term Gains for This Sector
Is the economy turning over? It’s possible. Friday’s jobs data suggests that the slowdown is underway. And it may slide into a recession if left unchecked. That suggests that investors may want to…
Jul 9, 2024
Insider Activity Report: Dave & Buster’s Entertainment (PLAY)
Darin Harper, CFO atDave & Buster’s Entertainment (PLAY), recently bought 13,578 shares. The buy increased his stake by 61%, and came to a total cost of $526,540. This is the first insider buy…
Jul 9, 2024
Unusual Options Activity: Core Scientific (CORZ)
Bitcoin minerCore Scientific (CORZ) is up 194% over the past year. Shares have even held up as bitcoin prices have pulled back in recent months. One trader sees a potential decline over the coming…
Jul 9, 2024
Invest With Companies That Can Win a Challenging Growth Trend
Most tech trends go through the same phases. First, there’s initial skepticism about whether or not a trend will play out. Once it does start to show some promise, rapid gains are made. But when…
Jul 8, 2024
Insider Activity Report: Nike (NKE)
Robert Swan, a director atNike (NKE), recently bought 2,941 shares. The buy increased his stake by 15%, and came to a total cost of $226,516. Swan was the last buyer in October, picking up 13,072…
Jul 8, 2024
Unusual Options Activity: Permian Resources (PR)
Oil and gas exploration companyPermian Resources (PR), is up 59% over the past year, bucking the overall sideways or down returns for energy stocks. One trader sees a potential pullback over the…
Jul 8, 2024
This Stock Is Ready to Keep Trending Higher
Stocks have started to trade sideways in recent weeks. That’s not a huge problem with markets at all-time highs. The longer stocks trade sideways, the more likely they’ll have a strong breakout when…
Jul 5, 2024
Insider Activity Report: Hormel Foods Corp (HRL)
Katherine Losness-Larson, a SVP at Hormel Foods Corp (HRL), recently bought 830 shares. The buy increased her stake by 4%, and came to a total cost of $25,000. This is the first insider buy since…
Jul 5, 2024
Unusual Options Activity: Pfizer (PFE)
Pharmaceutical giant Pfizer (PFE) is down 23% over the past year. One trader sees further weakness ahead for shares in the coming weeks. That’s based on the August 2 $26 puts. With 28 days until…
Jul 5, 2024
This Sector Is Poised to Build on Its First Half Gains
Different market sectors move at different times. But when a sector does take off, it will often need to pause for a while before moving higher. This consolidation trend is normal, and in some…
Jul 4, 2024
Insider Activity Report: RH (RH)
Gary Friedman, CEO and major holder of RH (RH), recently bought 46,274 shares. The buy increased his stake by 1%, and came to a total cost just under $10 million. This is the first insider buy at RH…
Jul 4, 2024
Unusual Options Activity: NuScale Power Corporation (SMR)
Modular nuclear reactor developerNuScale Power Corporation (SMR) is up 58% over the past year, and up over 5 times from its lows. One trader sees shares pulling back in the coming weeks. That’s based…
Jul 4, 2024
This Isn’t a New Meme Stock Trade, But It Could Still Perform Well
While the markets test new all-time highs and pull back, several companies have seen bigger jumps over the past few months. That includes a resurgence in meme stocks, some of which have seen…
Jul 3, 2024
Insider Activity Report: American Financial Group (AFG)
Amy Murray, a director at American Financial Group (AFG), recently bought 1,200 shares. The buy came to a total cost of $150,205, and increased her position by 55%. This marks the first insider buy…
Jul 3, 2024
Unusual Options Activity: Caesars Entertainment (CZR)
Casino operator Caesars Entertainment (CZR) is down over 20% in the past year, with shares down 5% on Monday alone. One trader sees the stock rebounding in the coming weeks. That’s based on the…
Jul 3, 2024
This Asset Class Should Outperform in the Second Half of 2024
With the first half of the year on the books, tech has cemented its place as the runaway winner. But tech returns have started to slow. And with investors looking more defensively and with the…
Jul 2, 2024
Insider Activity Report: Prospect Capital (PSEC)
Kristin Van Dask, CFO of Prospect Capital (PSEC), recently bought 3,330 shares. The buy increased her stake by 275%, and came to a total cost of $74,925. That follows up on two buys from the company…
Jul 2, 2024