Articles
Daily market commentary and analysis.
Unusual Options Activity: Altice USA (ATUS)
Telecom companyAltice USA (ATUS) has been trending up in the past year, and performing well for a telecom. However, at least one trader sees the potential for a big drop. That’s based on the January…
Apr 19, 2021
The Best Defense is a Solid Offense, Like a Dividend Growth Play
Earnings season is coming in strong so far, as companies are comparing to the start of the pandemic last year. A reopening economy is also helping. But with stocks already back to all-time highs,…
Apr 19, 2021
Unusual Options Activity: Snapchat (SNAP)
Shares of social media firmSnapchat (SNAP) peaked in February before trending down. In the past week, they’ve started moving up again. At least one trader sees a push to new all-time highs. That’s…
Apr 16, 2021
Bank Earnings Justify Higher Prices for Mega-Firms
A number of big banks reported earnings earlier in the week. All of them beat expectations, although all of the big banks gave Wall Street traders a few cautious items to think about as well. A…
Apr 16, 2021
Insider Trading Report: PennyMac Financial Services (PFSI)
MFN Partners, a holder with a director stake atPennyMac Financial Services (PFSI), recently bought 94,106 shares. The buy increased the fund’s holding by less than 10 percent, but came to a total…
Apr 16, 2021
Reopening Delays Bode Well for this On-Sale Sector
A rise in Covid shutdowns internationally, combined with concerns over vaccine safety, may point to a prolonging of a full economic reopening. In any event, the past few weeks have caused a pullback…
Apr 15, 2021
Insider Trading Report: Super League Gaming Corp (SLGG)
Michael Keller, a director atSuper League Gaming Corp (SLGG), recently bought 17,000 shares. The buy increased his stake by over 11 percent, and came to a total cost of just over $103,000. This marks…
Apr 15, 2021
Unusual Options Activity: Nuance Communications (NUAN)
AI speech companyNuance Communications (NUAN) moved higher on Monday asMicrosoft (MSFT) announced it was buying the company. One trader sees the possibility for a bidding war that may lead to a…
Apr 15, 2021
Insider Trading Report: Discovery Inc (DISCA)
Gunnar Wiedenfels, CFO ofDiscovery Inc (DISCA) bought 40,000 shares of the company last month. The buy increased his holdings by 400 percent, and occurred right before a hedge fund implosion…
Apr 14, 2021
Over-the-Top Performance Shows the Value of this Tech Giant Play
Nvidia (NVDA) has done it again. The graphics processing giant just took the thunder from a number of competitors by releasing the specs on its first line of data-center chips. That will open up an…
Apr 14, 2021
Unusual Options Activity: Barclays PLC (BCS)
British bankBarclays PLC (BCS) has been trending higher in the past six months, but the rate of the rally has started to slow in recent weeks. Traders seem to be sensing a weakness ahead for the…
Apr 14, 2021
Insider Trading Report: Crinetics Pharmaceuticals (CRNX)
Perceptive Life Sciences Master Fund, a major owner inCrinetics Pharmaceuticals (CRNX), recently added to its stake with a 304,136 share buy. The purchase increased the fund’s holdings by over 8…
Apr 13, 2021
Unusual Options Activity: Two Harbors Investment Corp (TWO)
Mortgage REITTwo Harbors Investment Corp (TWO) has seen shares slow from a strong rally in recent months to a more sideways trend. One trader is betting that shares are due for a drop. That’s based…
Apr 13, 2021
This Utility-Like Play Offers Income and Modest Growth
Heavily-regulated industries tend to be mature, offering little in the way of growth, but most earnings can be given to shareholders as income. While power generation and telecoms tend to be fairly…
Apr 13, 2021
Streaming Trends Make this Hardware Play Worth Following
One of the past few trends of the past few years has come from streaming. A number of media companies have considerably expanded their offerings in the past few years. While the media companies…
Apr 12, 2021
Insider Trading Report: William Penn Bancorp (WMPN)
Alan Turner, EVP and CLO atWilliam Penn Bancorp (WMPN), recently bought 11,000 shares. The buy is an initial stake for the officer. The buy came to a total cost of just over $125,000. Company…
Apr 12, 2021
Unusual Options Activity: NCR Corp (NCR)
After trading in a range for nearly three months, shares ofNCR Corp (NCR) have finally broken higher. One trader sees the trend continuing strongly in the next month. That’s based on the May $46…
Apr 12, 2021
Insider Trading Report: The Howard Hughes Company (HHC)
Allen Model, a director atThe Howard Hughes Company (HHC), recently bought 4,300 shares. The buy increased his holdings by 26 percent, and came to a total purchase price of just under $418,000.…
Apr 9, 2021
Data-Center Trends Bode Well for This Overlooked Tech Play
Semiconductors continue to look like a bright spot in the tech space following a drop in a number of tech heavy names so far this year. In particular, companies offering new products now to meet…
Apr 9, 2021
Unusual Options Activity: Dropbox (DBX)
File sharing app companyDropbox (DBX) is trading at its highest level since shortly after it went public in 2018. One trader sees the potential for shares to continue higher. That’s based on the May…
Apr 9, 2021