Articles
Daily market commentary and analysis.
Unusual Options Activity: Aurora Cannabis (ACB)
Cannabis stocks surged in the first half of February, but sank in the second half of the month. At least one trader still sees an uptrend in the space, however. That’s based on the April $15 calls…
Mar 3, 2021
Unusual Options Activity: NetEase (NTES)
China-based internet technology companyNetEase (NTES) has corrected a bit in recent sessions along with the rest of the tech space. However, at least one trader sees a potential for a move higher.…
Mar 2, 2021
Tech Demand Continues to Drive this Commodity Higher
The digital age, driven by software and other technology, still requires some physical gadgetry to work. That physical tech requires certain components to work, which in turn are driven by certain…
Mar 2, 2021
Insider Trading Report: LifeMD (LFMD)
Brad Roberts, Chief Operating Officer atLifeMD (LFMD), recently bought 5,000 shares. This is an initial stake for the C-suite officer, and came to a total cost of just over $102,000. Insiders have…
Mar 2, 2021
Retail Rebound Plays Look Attractive Relative to the Risk
Most companies looking to survive in the past year moved heavily towards ecommerce sales. However, a few companies have a business model known as the “found treasures.” They offer steep discounts…
Mar 1, 2021
Insider Trading Report: Ford Motors (F)
John Thornton, a director atFord Motor Company (F), recently picked up 8,620 shares. The buy increased his holdings by 3.5 percent, and came to a total cost of just over $100,000. This is the first…
Mar 1, 2021
Unusual Options Activity: Adobe (ADBE)
Software giantAdobe (ADBE) has been trading in a range for the past few months. The recent market weakness has sent shares towards the lower end of its range, as well as its 200-day moving average.…
Mar 1, 2021
Unusual Options Activity: Geo Group (GEO)
For-profit prison companyGeo Group (GEO) has seen shares trend down in recent weeks. The Biden administration is looking to get out of for-profit prison contracts, suggesting weakness ahead. But one…
Feb 26, 2021
This Energy Tech Play is Getting Crushed After Earnings, But Will Likely Bounce Back
Earnings season continues to offer traders a number of new buying opportunities in great names. That’s even the case when a company declines due to technical reasons rather than fundamental ones.…
Feb 26, 2021
Insider Trading Report: Software Acquisition Group II (SAII)
Mithaq Capital, a major holder inSoftware Acquisition Group II (SAII), recently added to their stake with a 1.56 million share buy. The buy increased their holdings by 26 percent, and came to a total…
Feb 26, 2021
Unusual Options Activity: Halliburton (HAL)
Traders looking for market-beating opportunities outside the tech space have been increasingly attracted to energy. Gently-rising oil prices have been a rising tide for the sector. One play getting…
Feb 25, 2021
Weak Short-Term Growth Hits One of the Hottest Plays in FinTech
Payment processing companySquare (SQ) has had a tremendous year. But the market wasn’t too impressed by the company’s recent earnings numbers. While it beat on both revenue and profit expectations,…
Feb 25, 2021
Insider Trading Report: Conduent (CNDT)
Scott Letier, a director atConduent (CNDT), recently picked up 10,000 shares. The buy increased his stake by 4 percent, and came to a total cost of just under $50,000. He was joined by CEO Clifford…
Feb 25, 2021
Unusual Options Activity: Activision Blizzard (ATVI)
Video game producerActivision Blizzard (ATVI) has fared well, as strong trends in the gaming industry have led to massive profits. At least one trader sees shares moving higher. That’s based on the…
Feb 24, 2021
Insider Trading Report: Avis Budget Group (CAR)
Brian Choi, CFO ofAvis Budget Group (CAR), recently picked up 23,735 shares. The buy set him back $1.09 million, and represents an initial stake in the company. This marks the first insider buy of…
Feb 24, 2021
Outlook Uncertainty Spells Bigger Profits in this Retail Dominator
One lingering trend from the pandemic is more uncertainty than usual from companies when they report their quarterly earnings. Any time a company decides not to provide forward guidance, the market…
Feb 24, 2021
Insider Trading Report: Henry Schein (HSIC)
Mohamad Ali, a director atHenry Schein (HSIC), recently picked up 1,000 shares. The buy cost just over $65,000, and is an initial stake by the director. Insider trends also show that it’s the first…
Feb 23, 2021
Cloud Profits Could Turn This Tech Giant Back to Rapid Growth
Tech companies are able to reap massive profit margins thanks to scale and costs. For instance, the cost of writing a piece of software is fixed. If a company can sell an additional copy, its…
Feb 23, 2021
Unusual Options Activity: Exxon Mobil (XOM)
Energy giantExxon Mobil (XOM) has been moving higher along with the price of oil in the past few months. At least one trader sees shares taking a breather from here. That’s based on the April $55 put…
Feb 23, 2021
Food Inflation is Rising, making this Equipment Play a Buy
There’s always a good profit to be had in the “picks and shovels” of any trend. Companies that provide infrastructure or supplies can profit from a number of ways that other firms may not be able to…
Feb 22, 2021