Articles
Daily market commentary and analysis.
Option Traders Looking for the S&P 500 to Break Support
As the market weakened Fed announcement on Wednesday, the options market on the SPDR S&P 500 ETF Trust (NYSEARCA: SPY) began to heat up on Thursday. The price of the SPY opened lower near the…
Sep 18, 2020
Here are Five Companies that Goldman is calling the ‘Future 5’
Do you remember the Nifty Fifty? These were the original “Blue Chip” buy and hold stocks in the 1960’s and 1970’s. That strategy worked until the late 1970’s and 1980’s. The FAANGs or FAAMGs are the…
Sep 18, 2020
Insiders Buying Public Storage for First Time in Three Years
In the current market climate where people are moving a lot, it makes sense that a storage company may see some opportunity. Public Storage (NYSE: PSA) is a real estate investment trust (REIT) that…
Sep 17, 2020
4 Pet Stocks to Own Even if You Don’t Have a Pet
One of the trends of the pandemic is the increase in pet ownership. Of course, when you get a pet you need to care for them. That means food, medical care, and various miscellaneous supplies. In this…
Sep 17, 2020
Micron Still Receiving Steady Stream of Unusual Option Activity
Yesterday, I posted on eight stocks that are considered “Rubber Band Trades.” Micron Technology, Inc (NASDAQ: MU) was one of these stocks in late August. Since that time, the company has received a…
Sep 17, 2020
Fiat Chrysler Surged on Revised Peugeot Deal as Large Option Trade Materializes
Fiat Chrysler Automobiles NV (NYSE: FCAU) announced a revision to the merger agreement with Peugeot SA. The agreement was a necessity for the company following the liquidity impact of COVID-19…
Sep 16, 2020
8 Rubber Band Stocks Ready to Snap
A rubber band stock is a company that has sold off quickly and is ready to snap back. This setup can be explosive because of extreme oversold nature of the price. This setup can be particularly…
Sep 16, 2020
High Yielding Office REIT Sees Increased Buying Interest from Insiders
Franklin Street Properties Corp (NYSEAMERICAN: FSP) is a Wakefield, Massachusetts-based REIT that is focused on infill and central business district (CBD) office properties. The company pays current…
Sep 16, 2020
3 Semiconductor Companies that Option Traders are Buying on the Dip
It has been a rough couple of weeks for technology investors as volatility surged to levels not seen since late February. As the price for the Nasdaq 100 chops around near 11,000, some technology…
Sep 15, 2020
September is the Month for Insider Selling in Snap Inc
Looking back over the last several years, September has been a month where insiders have typically sold more shares of Snap Inc (NYSE: SNAP) stock. It has also been a time of year, given its limited…
Sep 15, 2020
Option Traders Starting to Eye a Bullish Opportunity in Energy
Oil has fallen over $7 from its high on August 26 and has been consolidating the past four days. As oil prices deliberate, the share price of energy names has been doing the same. While the surface…
Sep 15, 2020
4 Materials Stocks That are Bucking the Trend of the Market
The S&P 500 continued its uncertain ways last week as technology shares struggled to find any footing. While the bearishness was the story of the week for most of the market, that wasn’t true for…
Sep 14, 2020
Option Traders Just Made a Big Bearish Bet on Chinese Stocks
As stocks struggled to end the week in the green, it is leading investors to try to figure out where the market will be at the end of the year. As investors are looking around, trades are being made…
Sep 14, 2020
Microsoft On Pace for Big Month of Insider Selling
With the month of September only half-way through, Microsoft Corporation (NASDAQ: MSFT) is on pace for a big month of insider selling. Looking back over the past three years, Microsoft is pacing to…
Sep 14, 2020
Conversion Labs is Most Bought OTC Stock by Insiders in Last Month
Conversion Labs Inc (OTCMKTS: CVLB) is an online direct-to-consumer marketing and telemedicine company. That description should get you a little excited given the trend of companies that can operate…
Sep 11, 2020
5 Recent SPAC IPOs to Watch
The route that Nikola Corporation (NASDAQ: NKLA) took to become a publicly traded company has sparked interest in Special Purpose Acquisition Companies (SPAC). These companies are considered “blank…
Sep 11, 2020
Option Traders Continued Trend of Bullish Trades on ‘Reopen’ Companies
If you’ve been following unusual option activity over the past two months, there has been a lot of activity on companies that benefit from reopening. One of the most targeted areas have been casinos…
Sep 11, 2020
6 Undervalued Income Stocks for an Overvalued Market
The S&P 500 recently tested its 50-day moving average, but does that mean valuations for the index have normalized? Unfortunately, it hasn’t even begun to do so. Looking at the Shiller P/E ratio…
Sep 10, 2020
Avis Budget Group Sees String of Insider Purchases by 10% Owner
It may be hard to appreciate a rental car company as an investor when travel is so impacted, and Hertz declared bankruptcy. However, not all companies are the same and some are underappreciated and…
Sep 10, 2020
After the Selling, Option Traders are Looking for a Smoke in Altria Group
It can be startling when the volatility of the market rears its ugly head when it’s been gone for a while. This past week may be a reminder that it’s not always an up day and the down days can see…
Sep 10, 2020