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4 Stocks with Significant Option Activity and Moving on Stimulus Hopes

4 Stocks with Significant Option Activity and Moving on Stimulus Hopes

1 2 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 official jobs report coming out on Friday, the potential for a miss appears high and the only thing that may temper a negative report is a bill. There were several financial-oriented stocks that were moving on Wednesday with unusual option activity, which may be indicating an expectation that something will get done. After the House passed a bill at the beginning of July, the Senate has been ...
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Option Traders Smiling Ahead of Earnings: SmileDirectClub Inc Stock (NASDAQ: SDC)

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 earnings or revenue, option traders and trying to figure out how much the price will move. The expected movement is based on the pricing determined by the market of options traders buying and selling options. On Tuesday, it was the option bulls that stepped up to the plate to speculate on the outcome from the report. As you look at the 14 AUG 20 expiration, the current implied volatility is 139%...
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Investment Firm Closes Out Position in Timely Fashion: Iqvia Holdings Inc Stock (NYSE: IQV)

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 vaccine as part of the U.S. government’s Operation Warp Speed. One surface that sounds like good news and the price has performed well, however, one of the largest investors in the company just closed out their stake and history suggest they know when to sell. The collaboration is significant as AstaZeneca is one of the drug makers that is furthest along in the process of developing a vaccine. Iqv...
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5 Penny Stocks Outperforming in Multiple Timeframes

5 Penny Stocks Outperforming in Multiple Timeframes

1 2 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 companies whose share price may preclude some classes of investors from holding them, which contributes to increased volatility and potential opportunity. The following six non-OTC companies have outperformed the S&P 500 in the past week and month, but also have some modicum of fundamental strength. As a fundamental investor, the general strategy is to buy companies at a discount. When...
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7 Best Biotech Stocks to Watch for the Back Half of 2020

7 Best Biotech Stocks to Watch for the Back Half of 2020

best biotech stocks to watch
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 that tend to dominate Wall Street. The best biotechnology stocks come in a variety of shapes and sizes. Some may focus on treating an individual disease; some may have many. Some are penny stock startup companies; others are dividend stocks. Most trade on the Nasdaq, but a few are considered blue chips and trade on the NYSE. Many are owned by institutional investors, but some of the top performers...
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6 Small Cap Stocks with High Margins and Low Debt

6 Small Cap Stocks with High Margins and Low Debt

1 2 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 small cap stocks, particularly if the market were to take another leg higher in the coming months. Looking for investment opportunities with small companies that have quality balance sheets may provide the bullish leadership. What’s in a balance sheet? The balance sheet includes the company’s assets, liabilities and equity. A company with no debt is a company that can’t go bankrupt. A co...
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CEO Buys Shares Ahead of Earnings: Franchise Group Inc Stock (NASDAQ: FRG)

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 the company’s selection of their number 1 draft pick for Chief Franchising Officer, Todd Evans, who was announced on Monday. The company acquires franchised and businesses looking to franchise in the retail sector. The company currently has four operating segments for Liberty Tax, Buddy’s, Sears Outlet and Vitamin shoppe. With taxes and vitamins, the company appears to be well-positioned dep...
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Following Breakout, Options Traders Makes Support a Fixture: Cemex SAB de CV ADR Stock (NYSE: CX)

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 hasn’t broken higher as its testing the resistance on June 8, the option activity appears to be anticipating the price will hold $3. The company broke out on June 8 following their earnings report, with earnings that came out in line with estimates. Since the announcement, the company has seen positive revisions to next quarter, current year and next year. The revisions provide a more bullish ou...
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5 Best Small Cap Stocks to Buy Now in 2020

5 Best Small Cap Stocks to Buy Now in 2020

Best Small Cap Stocks
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 capitalization under $1 billion is definitely one.  In today’s world, with some companies having trillion-dollar-plus valuations, even $10 billion could be considered small, although after that, you start to get into the mid cap category. Some are growth stocks with a high earnings yield, others are value stocks as determined by fundamental analysis. And not all small caps are penny stocks, as many s...
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Founder Adds Shares as Price Looks for Support: Kinder Morgan Inc Stock (NYSE: KMI)

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 company today attracts dividend investors with its 7.75% yield and the deal just sweetened with the additional acquisition by Richard Kinder. In 2014, the company shook the master limited partnership (MLP) world when it brought all of their majority owned MLPs under one corporate structure. The company that had pioneered the MLP industry had now abandoned the structure because of the limited oppo...
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