Articles
Daily market commentary and analysis.
Option Bulls Catching a Ride Ahead of Earnings: LYFT Inc Stock (NASDAQ: LYFT)
After the market close on Thursday, it was up to Uber Technologies Inc (NYSE: UBER) to give a hint at the state of rideshare companies following the advent of COVID-19. While the company was down…
Aug 7, 2020
Multiple Insider Buys as Company Issues Preferred Stock Offering: WesBanco Inc Stock (NASDAQ: WSBC)
Eight different insiders stepped up to buy shares of WesBanco Inc (NASDAQ: WSBC) preferred offering that was issued on August 4. For the Wheeling, WV bank, it’s an indication of positive expectations…
Aug 7, 2020
3 Restaurant Stocks for ‘Foodie’ Investors
There probably hasn’t been a more impacted industry than restaurants since all of the COVID-19 closures were sent down by executive orders in almost every community in the world. The Yelp data…
Aug 7, 2020
7 Best Blue Chip Stocks to Buy Right Now 2020
Far from the world of small cap penny stocks are the big, safe names in the investing universe. Dubbed the blue chips, these companies tend to be industry leaders with the size and scale to continue…
Aug 6, 2020
Large Option Spread Placed on Gold ETF: VanEck Vectors Junior Gold Miners ETF (NYSEARCA: GDXJ)
If you though the bullish run in gold prices was over, the indications from the options market is arguing that you’re wrong. On Wednesday, a large option spread trade was made on the VanEck Vectors…
Aug 6, 2020
Is this Stock About to Lose Its Course: Charter Communications Inc Stock (NASDAQ: CHTR)
Charter Communications Inc Stock (NASDAQ: CHTR) announced earnings on July 31 and blew away analyst estimates. If you’re an insider and were of the mind that the trend would continue, would you buy,…
Aug 6, 2020
4 Stocks with Significant Option Activity and Moving on Stimulus Hopes
Following Wednesday’s ADP Non-Farm Employment report showing only 167,000 jobs added the against 1.2 million jobs estimate, the pressure is on for Washington to pass a stimulus bill. With the…
Aug 6, 2020
Option Traders Smiling Ahead of Earnings: SmileDirectClub Inc Stock (NASDAQ: SDC)
SmileDirectClub Inc (NASDAQ: SDC) has an upcoming earnings announcement on August 12 after the market close. While analysts are providing their projections for what the company will take home in…
Aug 5, 2020
Investment Firm Closes Out Position in Timely Fashion: Iqvia Holdings Inc Stock (NYSE: IQV)
Iqvia Holdings Inc (NYSE: IQV) is a healthcare diagnostics and research company that recently announced a collaboration with AstaZeneca Plc to help speed up clinical studies potential COVID-19…
Aug 5, 2020
5 Penny Stocks Outperforming in Multiple Timeframes
A penny stock is generally considered a company whose share price is less than $5. Frequently, but not always, they are small- to micro-cap companies that trade over the counter (OTC). These are…
Aug 5, 2020
7 Best Biotech Stocks to Watch for the Back Half of 2020
The biotech space is hot right now. And it’s likely to continue that way for some time. This is a rich space where investors can find market-beating potential far beyond the more traditional names…
Aug 4, 2020
6 Small Cap Stocks with High Margins and Low Debt
After outperforming since the middle of 2018, large cap companies have been trading even with small cap companies for the past few months. The recent performance may be an indication of a shift to…
Aug 4, 2020
CEO Buys Shares Ahead of Earnings: Franchise Group Inc Stock (NASDAQ: FRG)
Franchise Group Inc (NASDAQ: FRG) is set to announce the Q2 earnings on August 6 after the market close (AMC) and the CEO is buying shares leading into the announcement. The buying activity preceded…
Aug 4, 2020
Following Breakout, Options Traders Makes Support a Fixture: Cemex SAB de CV ADR Stock (NYSE: CX)
On July 27, 2020, Cemex broke out of a symmetrical triangle formation that began with the high on June 8. The price surged on high volume before consolidating over the past week. While the price…
Aug 4, 2020
5 Best Small Cap Stocks to Buy Now in 2020
Investors looking for the next “big thing” in investing are likely to find what they want by seeking out small cap stocks. Small caps are a somewhat flexible term, but any company with a market…
Aug 3, 2020
Founder Adds Shares as Price Looks for Support: Kinder Morgan Inc Stock (NYSE: KMI)
Kinder Morgan Inc (NYSE: KMI) was founded in February 1997 by Richard Kinder and William Morgan. It began with the acquisition Enron Liquids Pipeline, a publicly traded limited partnership. The…
Aug 3, 2020
Options Market Suggesting the Stock has Lost Its Bubbles: National Beverage Corp Stock (NASDAQ: FIZZ)
National Beverage Corp (NASDAQ: FIZZ) produces sparkling water, juices, energy drinks and carbonated soft drinks. On Friday, the company closed 7.86% lower on significant volume. As the price was…
Aug 3, 2020
4 Stocks Impacted by COVID That Announce Earnings Next Week
I call these kinds of companies my COVID-19 list. It’s not that they’re infected, it’s just that they have been affected either positively or negatively by the closures that have happened across the…
Aug 3, 2020
5 Best Day Trading Stocks to Buy Right Now
The stock market has had an incredible ride this year, and with many workers now stuck and home and with sports events cancelled or delayed indefinitely, chances are the ride will stay wild. That’s…
Aug 1, 2020
5 Best Oil Stocks to Buy Now in 2020
Oil. Black gold. Texas tea. However you refer to it, it’s still a product in hot demand, even in a world seeing lower and lower costs for alternative energy. While the oil sector can be cyclical,…
Jul 31, 2020