Articles
Daily market commentary and analysis.
Unusual Options Activity: U.S. Silica Holdings (SLCA)
Shares of silica producerU.S. Silica Holdings (SLCA) have been in a strong uptrend, more than doubling since February. One trader sees a continued rally in shares. That’s based on the January 2023…
Apr 19, 2022
Stick With Commodity Plays as the Boom Continues
After a massive surge higher in a number of commodities as Russia invaded Ukraine, prices for many such goods have come back down a bit. But company executives remain bullish on the space, and with…
Apr 18, 2022
Insider Trading Report: Dakota Gold Corp (DC)
Robert Quartermain, a director and major holder atDakota Gold Corp (DC), recently picked up 10,000 shares. The buy increased his stake by 0.14 percent, and came to a total purchase price of just…
Apr 18, 2022
Unusual Options Activity: AT&T (T)
Shares of telecom companyAT&T (T) dropped recently as the company completed a spinoff of its media properties. However, shares have been trending higher since. One trader sees a further move…
Apr 18, 2022
For the Best Profits, Follow Consolidating Industries
When an industry is new, many companies will flourish. Over time, the market will determine the best winners in the space. It could come from a better product, a better brand, a better business…
Apr 15, 2022
Insider Trading Report: Darden Restaurants (DRI)
Juliana Chugg, a director atDarden Restaurants (DRI), recently added 1,925 shares. The buy represents an initial stake at the company for the director, and came to a total cost of just over $248,000.…
Apr 15, 2022
Unusual Options Activity: Bank of America (BAC)
Shares of megabankBank of America (BAC) have been trending down in recent months, and shares just went negative over the past year. One trader sees the possibility for a rebound in the next few…
Apr 15, 2022
Strong Earnings Will Continue to Beat a Weak Economy
Investors remain concerned as inflation is running at its hottest since 1981, and as commodity prices have spiked higher, weighing on the overall economy. But no matter how good or bad the economy…
Apr 14, 2022
Insider Trading Report: Invesco (IVZ)
Trian Fund Management, a major holder atInvesco (IVZ), recently picked up 3,724,600 shares. The buy increased the fund’s stake by just over 7 percent, and came to a total price of just over $86…
Apr 14, 2022
Unusual Options Activity: PulteGroup (PHM)
Shares of homebuilderPulteGroup (PHM) have been sliding in recent months. But one investor sees the possibility for a rally in the coming months. That’s based on the July $45 calls. With 92 days…
Apr 14, 2022
Downgrades For Top Companies Offer a Counter-Intuitive Buying Opportunity
Wall Street analysts tend to be quick to upgrade stocks that are rallying, and quick to downgrade a stock after it’s fallen. Traders who take the opposite tack tend to cash out during a rally, and…
Apr 13, 2022
Insider Trading Report: Confluent (CFLT)
Brad Gerstner, a major owner atConfluent (CFLT), recently added 439,200 shares. The buy increased his holdings by 8.3 percent, and came to a total price of just over $17.1 million. That follows up on…
Apr 13, 2022
Unusual Options Activity: General Motors (GM)
Shares ofGeneral Motors (GM) are near a 52-week low thanks to high inflation, supply chain shortages impacting auto production, and the view of a slowing economy. One trader is betting on a rebound…
Apr 13, 2022
The Best Market Defense Is… A Good Defense Stock
Historically, defense stocks haven’t necessarily related to the defense and aerospace industry. However, in today’s economic and geopolitical climate, it’s not a bad place to look. The space has…
Apr 12, 2022
Insider Trading Report: Dave & Buster’s Entertainment (PLAY)
Kevin Sheehan, Interim CEO atDave & Buster’s Entertainment (PLAY), recently added 10,000 shares. The buy increased his holdings by 6.5 percent, and came to a total purchase price of $405,800.…
Apr 12, 2022
Unusual Options Activity: Carnival Cruise Lines (CCL)
Shares ofCarnival Cruise Lines (CCL) have been trading in a range over the past year. One trader sees shares, near the low end of their range right now, heading higher in the next few weeks. That’s…
Apr 12, 2022
In the Retail Trade, Stick with This Key Metric
Every sector has a key metric that may be more important than things like earnings or profit margins in the short-term. For instance, the restaurant industry may look at how many times its tables…
Apr 11, 2022
Insider Trading Report: PG&E Corp (PCG)
Newtyn Management, LLC, a major holder ofPG&E Corp (PCG), recently added to their position with a 2,400 share buy. The purchase increased their holdings by just under 0.2 percent, and came to a…
Apr 11, 2022
Unusual Options Activity: Kinross Gold Corp (KGC)
Shares ofKinross Gold Corp (KGC) have been knocked down over 20 percent in the past year, although shares have been starting to slightly trend up in the last week. One trader sees the possibility for…
Apr 11, 2022
It’s Time to Prepare for Food Shortages with an Industry-Leading Stock
The one-two punch of rising fuel prices and Russia’s invasion of Ukraine is having a major effect on agricultural commodities. It’s simply becoming too expensive to grow certain crops given the costs…
Apr 8, 2022