It’s been six months since Amazon.com, Inc (NASDAQ: AMZN) Chairman, President and CEO Jeff Bezos has sold shares. As Amazon is struggling with the high altitude of its price, he’s selling again. While the number of shares isn’t significant in terms of his holdings, it is an indication that the price may be vulnerable here as the economy is continues mired in a recession. Since the March low near $1620, Amazon’s share price has over doubled from that level. When you think about the state the economy is in, it makes you wonder how it could be at that level when S&P 500 earnings are do...

1 2 An ETF is a conglomeration of companies that are typically organized by market cap, index, or industry. The idea is to group similar companies together that allows investors some opportunity to diversify based on a particular investment preference. Here’s a list of ETFs that are more focused and invest in areas that are may see big moves in the next week or two. The trouble with many style ETFs is that they are dominated by the same handful of stocks that everyone can name.  Many investors unwittingly invest in them anticipating some degree of diversification but find themselves c...

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 afterhours, the results beat expectations. With LYFT Inc (NASDAQ: LYFT) set to announce next week, option bulls have been building their positions for most of the week and are looking for a positive result next week. For Uber, analysts were expecting an $0.86 loss, which the company ended up missing with a wider loss of $1.02. The company’s revenue beat analyst expectations with $2.18 billion, ...

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 for the bank as it attempts to find a bottom and work it’s way higher. In a week where interest has picked up for banking stocks, it makes the timing of the issuance and purchases interest for those looking for long opportunities. When the company reported earnings on July 22, they missed analyst estimates with non-GAAP EPS if $0.07 compared to the estimated $0.35. The company had previousl...

1 2 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 doesn’t look pretty, but the opportunity to escape this crisis with increased market share a profitability is intriguing as an investor. The only problem is which companies are going to make it and which represent the best investment opportunity. Here are four stocks to consider if you’re becoming a “foodie” investor. If you clicked on this post, you probably know what a “foodie” is, but jus...

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 Junior Gold Miners ETF (NYSEARCA: GDXJ) that is indicating significantly more upside in the coming months. You might be wondering what a “junior’ gold miner is. These are typically small companies that is more focused on finding gold reserves and may have higher initial costs with starting production. However, there is also significant opportunity with new finds and ramping up less cost-effec...

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, sell or hold shares in the company you help run? In the case of Charter, the insiders have stepped up the selling activity. While this doesn’t mean the stock is going crater, it raises questions about the ability of the share price to hold its current level. In the press release from the company announcing its earnings, the CEO and Chairman Tom Rutledge was quoted saying: "Our ability...

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 ...

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%...

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...