Articles
Daily market commentary and analysis.
Recovering Economy Points to Increased Profits for this “Toll Road”
One of the casualties of the pandemic has been consumer spending—at least plus or minus any stimulus programs. That’s resulted in reduced shopping and reduced transactions. That’s made it tougher for…
Mar 11, 2021
Insider Trading Report: Parker Hannifin (PH)
Lance Fritz, a director atParker Hannifin (PH), recently picked up 3,900 shares. The purchase price came to just under $1.2 million. This marks the first insider buy at the company since mid-2019.…
Mar 11, 2021
Unusual Options Activity: Nvidia (NVDA)
Graphics processing firmNvidia (NVDA) is a major player in the semiconductor space. The recent shortage hasn’t been enough to keep shares from declining. But one trader sees a big move ahead. That’s…
Mar 11, 2021
Insider Trading Report: Wendy’s Co. (WEN)
E.J. Wunsch, Chief Legal Officer atWendy’s (WEN), recently bought 7,500 shares. The stake increased the holdings by over 10 percent, and came to just over $142,000. That represents the first insider…
Mar 10, 2021
Unusual Options Activity: Zillow (Z)
Shares ofZillow (Z), the real estate aggregation website has been a top winner in the past few years. One trader sees the potential for a bear market in shares. That’s based on the January 2023 $80…
Mar 10, 2021
An Unusual Blue-Chip, Post-Covid Play
Many blue-chip companies have been faring well in recent weeks—especially the ones outside of tech. A few companies that have been seen as typical safe-havens during a market crisis have fared a…
Mar 10, 2021
Insider Trading Report: Asa Gold (ASA)
William Donovan, a director atAsa 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…
Mar 9, 2021
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…
Mar 9, 2021
Unusual Options Activity: Snowflake (SNOW)
Cloud-based software giantSnowflake (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…
Mar 9, 2021
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…
Mar 8, 2021
Insider Trading Report: Dominion Energy (D)
Robert Blue, President and CEO ofDominion 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.…
Mar 8, 2021
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…
Mar 8, 2021
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…
Mar 5, 2021
Insider Trading Report: Camping World Holdings (CWH)
Marcus Lemonis, CEO and a major holder atCamping 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…
Mar 5, 2021
Unusual Options Activity: PagSeguro Digital (PAGS)
Brazilian fintech companyPagSeguro (PAGS) has a healthy long-term chart, moving higher with some sharp, but quickly recovered, drops along the way. Following the recent market weakness, one trader is…
Mar 5, 2021
Unusual Options Activity: Hilton Worldwide Holdings (HLT)
At least one trader is leaning hard into the “reopening” theme for the economy with a large bet onHilton Worldwide Holdings (HLT). That’s based on the January 2022 $140 calls. With shares at $124,…
Mar 4, 2021
Insider Trading Report: ExxonMobil (XOM)
Michael Angelakis, a director atExxonMobil (XOM), recently picked up 25,000 shares. The buy increased his stake by 312 percent, and came to a total purchase price of just over $1.4 million. This…
Mar 4, 2021
This Range-Bound Reopening Play Looks Set to Move Higher
Shares of rideshare firmLyft (LYFT) are set to move higher yet again. That’s thanks to the company’s latest ride numbers, which are now on par with March 2020. Average daily rides are up 4 percent,…
Mar 4, 2021
Insider Trading Report: Cree Inc (CREE)
Loan Le Duy, a director atCree (CREE), recently bought 1,000 shares. The buy increased her stake by over 6 percent, and came to a total cost of just over $105,000. This marks the first insider buy at…
Mar 3, 2021
Retail Enters the Buy Range as Companies Continue to Pass on Guidance
The latest retail company to report earnings has continued the trend of failing to report guidance. And that’s once again spooked the market into a selloff. With where stocks are at right now, the…
Mar 3, 2021