Articles
Daily market commentary and analysis.
Insider Trading Report: Precigen (PGEN)
Ares Trading, already a major holder inPrecigen (PGEN), recently added another $25 million investment. At that price, the company was able to pick up 6,758,400 shares. That’s a 32 percent increase to…
Oct 15, 2020
This EV Stock Can Double (No, It’s Not Tesla)
J.P. Morgan just updated an electric vehicle company. Not only that, but the investment bank gave a price target more than double where shares were trading at the time. That’s a bullish call, and a…
Oct 15, 2020
DRAM Price Trends Make this Tech Laggard A Buy Now
Deutsche Bank sees improving trends for DRAM memory. That’s one sector of the tech space that has been held back lately. The push for cloud services has reduced demand for mobile device memory chips,…
Oct 14, 2020
Insider Trading Report: Selecta Biosciences (SELB)
Timothy Springer, a director and major owner atSelecta Biosciences (SELB), recently bought 3,185,394 shares of the company. That trade came to over $5.4 million. The buy increased his total holdings…
Oct 14, 2020
Unusual Options Activity: Carnival Cruise Lines (CCL)
Over 1,950 contracts traded on the November 27th $25 calls onCarnival Cruise (CCL). The prior open interest on the trade was 137 contracts, showing a 14-fold rise in volume. The trade, expiring in 44…
Oct 14, 2020
Top-Line Growth Makes this Consumer Brand a Buy
Citigroup recently upgraded one major consumer goods play following a strong earnings beat. Thanks to stay-at-home trends, this company has fared relatively well, even better than peers. That’s led…
Oct 13, 2020
Insider Trading Report: Medtronic PLC (MDT)
Richard Anderson, a director atMedtronic PLC (MDT), recently added 4,607 shares. The buy came to a total purchase price of nearly $51,000, and increased the director’s stake by 4.4 percent. This is…
Oct 13, 2020
Unusual Options Activity: Tesla Motors (TSLA)
Nearly 9,100 contracts traded on the June 2021 $640 calls onTesla Motors (TSLA) recently. That’s a 12-fold rise over the prior open interest of 766 contracts. The trade, expiring in 248 days, would…
Oct 13, 2020
Insider Trading Report: Century Bancorp Inc (CNBKA)
James Filler, a major owner atCentury Bancorp (CNBKA), recently added 1,002 shares to his stake. A mere 0.12 percent increase, the $69,000 buy increased his holdings to over 848,000 shares. This…
Oct 12, 2020
Unusual Options Activity: Xilinx Inc. (XLNX)
Nearly 2,100 contracts traded on the November 20th $110 puts onXilinx (XLNX) recently. The trades amounted to an 18-fold rise in volume on the trade based on the prior open interest of 114 contracts.…
Oct 12, 2020
A 50 Percent Jump in this Unloved Industrial Play?
Industrial companies have been out of favor plays in this market. Some companies have fared even worse, having struggled even while the economy was looking rosy. One of the most unloved names in the…
Oct 12, 2020
The Rally in Consumer Stocks Will Continue
In spite of a recession in 2020, consumer spending has held up well… at least in grocery stores and other essential retailers. That’s been borne out by the market-beating returns in many big-box…
Oct 9, 2020
Unusual Options Activity: American Airlines (AAL)
Over 4,100 contracts traded on May 2021 $16 calls onAmerican Airlines (AAL). That’s a 40-fold rise in volume from the prior open interest near 100 contracts. The bet, expiring in 224 days, would…
Oct 9, 2020
Insider Trading Report: NuStar Energy LP (NS)
Dan Hill, a director atNuStar Energy (NS), recently picked up an even 5,000 shares. Paying about $10 per share, the buy came to $50,000. It increased his total holdings to 59,214 shares. This is the…
Oct 9, 2020
Insider Trading Report: Continental Resources Inc. (CLR)
Harold Hamm, executive chairman atContinental Resources (CLR) recently added 769,235 shares to his holdings. The buy increased his stake to over 296 million shares, and came at a cost of just over…
Oct 8, 2020
Unusual Options Activity: Las Vegas Sands (LVS)
With a 33-fold rise in volume on the October 30th $50 calls, one trader is betting on a big move higher inLas Vegas Sands (LVS) this month. With 22 days until expiration, the call would require…
Oct 8, 2020
Gold Mining Companies a Buy Ahead of the Election
Gold has been a top-performing asset in 2020, far outpacing stocks. On average, gold mining companies have done even better as well. While the metal has pulled back a bit after topping $2,000 earlier…
Oct 8, 2020
Invest in this Unstoppable Holiday Trend
Even with the economic struggles this year, the holiday season is rapidly approaching. And with the rise of e-commerce trends, chances are a few companies stand to substantially benefit from the…
Oct 7, 2020
Insider Trading Report: Progress Software Corp (PRGS)
Rainer Gawlick, a director atProgress Software Corp (PRGS), recently picked up 1,000 shares of the company. That increased his share count by 3 percent. The buy came to just over $32,000. That makes…
Oct 7, 2020
Unusual Options Activity: Applied Materials (AMAT)
One trader is betting that shares ofApplied Materials (AMAT) will soar in the next two days. That’s because over 6,100 contracts traded on Friday’s $63.50 calls, a 42-fold surge in volume. With…
Oct 7, 2020