Trading Tips Blog

There are a number of big-picture trends likely to play out over the next decade. One of the more interesting is the evolution of social media from websites into a veritable “metaverse.” That’s a plan that Facebook (FB) in particular is looking at. The company has just unveiled its Smart Glasses hardware. The device can work with integrated-reality software to create an immersive viewscreen that can likely make a future metaverse interface possible. Priced at $299, the gadget has a number ...
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Patrick Donovan, a director at West Bancorp (WTBA), recently added 5,000 shares. The buy increased his stake by over 18 percent, and came to a total price of just under $150,000. This is the third buy from the director so far this month, with two buys of 2,500 shares each, for a total of 10,000 more shares this month. Insiders have overall been active over the past three years, but buyers have far outpaced sellers. Company insiders own just over 10 ...
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Shares of media firm Discovery (DISCK) have been trending down over the last month. However, one trader sees the potential for a big return over the next year. That’s based on the January 2023 $40 calls. With 494 days until expiration, over 5,000 contracts traded, a 12-fold rise in volume from the prior open interest of 407 contracts. The buyer of the calls paid about $2.08 to make the trade. Shares of the company last traded just over $25 per share, so ...
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Many traders are expecting a market pullback. The question is how much stocks could drop in the next few months. It’s likely based on a number of factors to be a limited pullback at best. One top reason is simply the number of deals being made right now. If deal flow were slowing and mergers were going away, that would be a sign of poor market liquidity, a much bigger harbinger of a big market selloff. Yet mergers remain alive and well, ...
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Ron Coughlin, Chairman & CEO of Petco Health and Wellness (WOOF), recently picked up 46,600 shares. The buy increased his stake by just over 22 percent, and came to a total price of just over $1 million. This is the first insider buy since shares went public near the start of the year. At the start of trading, a number of company insiders made some smaller buys. Large owners have been sellers of shares, mostly back in June. Overall, company insiders ...
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Shares of semiconductor firm Advanced Micro Devices (AMD) have traded flat over the past month following a longer-term rally. One trader sees that rally resuming in the coming weeks. That’s based on the October 8 $115 calls. With 28 days until expiration, just under 6,300 contracts traded against a prior open interest of 162, for a 39-fold rise in volume. The buyer of the calls paid $1.81 to make the trade. With shares around $106, they’d need to rise $9, or about ...
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Typically, a growing company will hit certain milestones in its career. The most important for getting onto the radar for investors is being included in a major index. Over time, companies that hit earnings and revenue goals may find they join more and more prominent indices. The S&P 500 has recently started rebalancing, taking a few companies out, but adding some new players as well, who are seeing their shares soar now. Case in point? Match Group (MTCH). The owner of Tinder, ...
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Martin Birmingham, President and CEO at Financial Institutions Inc (FISI) recently picked up 1,000 additional shares. The buy increased his holdings by just under 1 percent, and came to a total purchase price of just under $31,000. That follows on a buy for 637 shares made two days before by the company CFO. That came to a total purchase price of just under $20,000. Company insiders have been steady buyers in small amounts over the past three years, with no insider ...
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