Trading Tips Blog

The big market rally of the past few weeks will likely slow down into the final weeks of the year. And we may see a pullback at the start of 2024. Rising interest rates may finally scare investors away from growth stocks in general. The good news? As long as a company can report strong growth, its shares should be able to rise, even in a bear market or under a slowing economy. Investors looking for growth should look for companies that ...
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Richard Davis, a director at Dow Inc (DOW), recently bought 5,000 shares. The buy increased his position by 17 percent, and came to a total cost of $255,437. This marks the first insider activity since April, when another company director bought 400 shares for just under $22,000. Company directors have been steady buyers last year, and the company CEO sold a large block of shares following the exercise of a stock option. In total, Dow insiders own 0.1 percent of shares. The ...
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Oil giant Petroleo Brasileiro (PBR) has had a strong year, with shares rallying nearly 60 percent. One trader sees further upside ahead for shares. That’s based on the June 2024 $10 calls. With 209 days until expiration, 10,016 contracts traded compared to a prior open interest of 303, for a 33-fold increase in volume on the trade. The buyer of the calls paid $5.95 to make the bullish bet. Shares recently traded for about $15.85, making this option about $5.80 in-the-money, and ...
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It’s no secret that artificial intelligence has been the top investment trend of the past year. And that it’s helped big-name tech companies soar higher. In turn, that’s helped the overall market recover sharply from the 2022 bear market. With all of the focus on those big names, many smaller players in the AI space still look like a bargain now. They may have also had a great run this year, but their small market cap makes them better long-term growth ...
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Mark Dewalch, a director at Black Stone Minerals, LP (BSM), recently bought 44,000 shares. The buy increased his position by 14 percent, and came to a total cost of $761,952. The buy came a few weeks after the company CEO made two buys, totaling 108,577 shares. Those two buys came to a total cost of $1.4 million. Going further back, insider buys have far exceeded a small number of insider sales over the past two years. Overall, Black Stone insiders own ...
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Wall Street megabank Citigroup (C) is down 8 percent over the past year, as higher interest rates and a slowdown in financial activity have hit the bottom line. One trader sees shares trending lower. That’s based on the January 2024 $55 puts. With 57 days until expiration, 7,140 contracts traded compared to a prior open interest of 172, for a 42-fold rise in volume on the trade. The buyer pf the puts paid $9.85 to make the bullish bet. Citigroup shares recently ...
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The economy may be showing some signs of a slowdown, but consumers continue to break out their wallets for unique and memorable experiences. That’s in contrast to the pandemic, which featured a focus on buying needed or wanted goods. Consequently, investors likely still have upside as long as consumers are looking to spend on experiences. That can include anything from travel to catching a tour, to enjoying live sports. Related experiences, such as gambling on sports, also remain popular. That’s helped PENN ...
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Badrinarayanan Kothandaraman, President and CEO of Enphase Energy (ENPH), recently bought 1,118 shares. The buy increased his stake by less than 1 percent, and came to a total cost just under $101,000. This is the first insider buy since September, when a company director bought 42,600 shares at a cost of $4 million, at a price about 30 percent higher from where Enphase trades today. Going further back, sellers largely dominated when shares were double their current price. Overall, company insiders ...
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