
This Stock Is Coiling for a Spring Higher
Stocks don’t just move up or down. Sometimes, they’ll have a sideways pattern. And that may entail bouncing up and down in a narrow range. Oftentimes, once the range-bound trading ends, the stock will make a big move. The next move isn’t always known in advance. It can depend on market conditions, as well as a company’s operations and how they’re faring. But it’s more likely that a stock will move higher if earnings are strong. That could be the case with ...
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Insider Activity Report: Riot Platforms (RIOT)
Douglas Mouton, a director at Riot Platforms (RIOT), recently bought 8,384 shares. The buy increased his stake by 70%, and came to a total cost of $64,892. This marks the first insider buy at Riot over the past two years. There have been over a dozen insider sales, including a $9 million sale from the Chairman of the Board in June 2023 at a far higher price. All sales were market sales, not coming from the exercise of stock options. Overall, Read More About This

Unusual Options Activity: Amazon (AMZN)
Tech giant Amazon (AMZN), is down 10% year-to-date as tech stocks have taken the brunt of the recent market selloff. One trader sees further potential downside into the autumn. That’s based on the September $75 puts. With 178 days until expiration, 5,024 contracts traded compared to a prior open interest of 100, for a 50-fold rise in volume on the trade. The buyer of the puts paid $0.15 to make the bearish bet. Amazon shares recently traded for about $195, so the ...
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Buy This Value Play in a High-Margin Tech Niche
The recent market selloff took stocks into correction territory in the span of a few weeks. It’s the fifth-fastest selloff. And while stocks are looking to settle down now, if not rebound later in the year, some areas have fared worse than others. Many widely-held tech names have seen their shares get cut by a quarter or even half over the past few months. However, that hasn’t changed their fundamentals. For most companies, it could be a case of falling too far, ...
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Insider Activity Report: Home Depot (HD)
Gregory Brenneman, a director at Home Depot (HD), recently bought 2,884 shares. The buy increased his stake by 5%, and came to a total cost of $999,967. This is the first insider buy at Home Depot over the past two years. Company executives have been regular sellers of shares, with most of those sales occurring following the exercise of stock options. The largest sale occurred when the company CEO sold 25% of his position for over $13 million in early 2024. Overall, ...
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Unusual Options Activity: DraftKings (DKNG)
Online betting site DraftKings (DKNG) is down 20% over the past year, as the company has failed to translate its growing earnings into a profit. One trader sees shares trending higher in the months ahead. That’s based on the August $52.50 calls. With 144 days until expiration, 41,144 contracts traded compared to a prior open interest of 140, for a massive 294-fold rise in volume on the trade. The buyer of the calls paid $1.15 to make the bullish bet. DraftKings shares ...
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Activist Interest Indicates a Value Hidden in Plain Sight
Activist investors can be a mixed bunch. They’re on the hunt for companies that are undervalued, or could make some changes and kick off higher growth. By buying a large stake and petitioning management, these companies can effectively create their own positive returns. Investors who follow along with activist investors, particularly those with a strong track record, can also see great returns within the span of a few quarters as value hidden in plain sight is unlocked. For instance, Starboard Value, one ...
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Insider Activity Report: Las Vegas Sands (LVS)
Muktesh Pant, a director at Las Vegas Sands (LVS), recently bought 23,000 shares. The buy is an initial stake for the director, and came to a cost of just under $1,000,000. This marks the first insider buy at LVS over the past two years. There have been a few massive insider sales, including the company CEO, who sold 100% of his stake last November at higher prices. And a major shareholder sold off nearly $2 billion of shares in late 2023. Overall, ...
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