Articles
Daily market commentary and analysis.
Unusual Options Activity: Discovery (DISCA)
The past week has seen a large selloff in shares ofDiscovery (DISCA), as a hedge fund went through a forced liquidation. One trader sees a potential rebound in the coming months. That’s based on the…
Mar 31, 2021
Unusual Options Activity: Bank of America (BAC)
An outsized rally in financial stocks has helped keep the overall market from dropping too much as tech stocks have sold off. Traders still see some upside in the space. That’s based on the April…
Mar 30, 2021
Disruptive Technologies Likely to Move Past Today’s Choppy Markets
Tech stocks spent the first six weeks of the year posting strong gains, then promptly gave them up in the next six weeks. Now, with tech trading around breakeven for the year, many are wondering on…
Mar 30, 2021
Insider Trading Report: Designer Brands Inc (DBI)
Joseph Schottenstein, a director atDesigner Brands Inc (DBI) recently picked up 273,099 shares. The buy increased his stake by nearly 25 percent, and came to a total purchase price of $3.8 million.…
Mar 30, 2021
Unusual Options Activity: Micron (MU)
Semiconductor giantMicron (MU) has been hovering near all-time highs, even with the recent volatility in tech. One trader sees the potential for a move higher. That’s based on the April $98 calls.…
Mar 29, 2021
Rising Dividend Payout Shows This Hot Sector Isn’t Overheated Yet
Thanks to lower interest rates and a demand for housing outside of dense urban areas, homebuilders have been a top-performing sector. Most companies in the space have trounced the market in the past…
Mar 29, 2021
Insider Trading Report: PennyMac Financial (PFSI)
MFN Partners, a fund with a director’s seat atPennyMac Financial (PFSI), recently added to their stake with a 344,322 share buy. The purchase came to just under $21.5 million, and increased their…
Mar 29, 2021
Unusual Options Activity: Etsy (ETSY)
Shares of crafting e-commerce platformEtsy (ETSY) have performed strongly in the past few months. With shares now down around to $200 from a recent high of $250, one trader sees a big move higher.…
Mar 26, 2021
Insider Trading Report: Veritiv Corp (VRTV)
Stephen Macadam, a director atVeritiv Corp (VRTV), recently bought 5,000 shares. The buy increased his stake by over 37 percent, and came to a total purchase price of just under $198,000. This marks…
Mar 26, 2021
This Subset of the Tech Space Continues to Point to Higher Profits
Software companies can offer tremendous profit potential to investors, even with recent stock market volatility. But elsewhere in the tech space, a few other niches also offer big profits now—and…
Mar 26, 2021
Unusual Options Activity: ViacomCBS (VIAC)
Top performing media playViacomCBS (VIAC) saw a selloff earlier this week as the company announced it would issue more shares to raise capital. With the stock up over five-fold in the past year, some…
Mar 25, 2021
Insider Trading Report: Perrigo Co (PRGO)
Geoffrey Parker, a director atPerrigo Co (PRGO), recently picked up 2,500 shares. The buy increased his stake by nearly 18 percent, and came to a total purchase price of just over $103,000. This…
Mar 25, 2021
Ignore the Market Fear in Tech with Profitable Software Plays
Software is a high profit-margin business. Companies embracing a recurring revenue model can do even better. But with tech shares looking volatile lately, these companies have been out of favor with…
Mar 25, 2021
Ignore Supply Chain Problems, This Tech Giant Will Come Out Ahead
With a shortage of computer chips and semiconductors, a number of companies have had to warn that they may not be able to produce enough of some goods to meet demand. For some companies, however,…
Mar 24, 2021
Insider Trading Report: Software Acquisition Group Inc II (SAII)
Mithaq Capital, a major holder ofSoftware Acquisition Group II (SAII), recently bought 369,924 shares. The buy increased the fund’s stake by 4 percent, and came to a total purchase price of $3.89…
Mar 24, 2021
Unusual Options Activity: Visa (V)
Credit card giantVisa (V) saw its shares sell off last week on news of a government probe. However, at least one trader is betting on a move higher. That’s based on the May $210 calls. Nearly 3,000…
Mar 24, 2021
Insider Trading Report: Biohaven Pharmaceutical (BHVN)
John Childs, a director atBiohaven Pharmaceutical (BHVN), recently made a 13,157 share buy. The purchase came to just under $1 million even, and increased the director’s stake by just over 0.5…
Mar 23, 2021
Rising Dividends Point to Strong Retail Trends Ahead
A number of companies reduced or eliminated dividend payments during the pandemic last year in a move to preserve cash. Now, a few companies are coming back to the table. But a select few firms have…
Mar 23, 2021
Unusual Options Activity: Netflix (NFLX)
Streaming giantNetflix (NFLX) has had a big increase in competition in the past two years. But that hasn’t stopped one trader from making a hugely bullish bet on the company. That’s based on the June…
Mar 23, 2021
Insider Trading Report: Abercrombie & Fitch (ANF)
Suzanne Coulter, a director atAbercrombie & Fitch (ANF) recently started a stake at the company with 2,170 shares. The total cost of the share buy came to just over $75,000. This marks the first…
Mar 22, 2021