Trading Tips Blog

Many industries have moved on from the pandemic. For those in travel and tourism, however, trends still remain far under pre-pandemic levels. However, the trend is improving, albeit slowly. One such sector that’s continuing to recover is the cruise industry. Completely shut down for nearly a year, the slow resumption of cruises in the post-pandemic era is a true sign as to whether or not large, confined crowds can come together without creating health scares. So far, signs are good. And Carnival ...
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Maura Shaughnessy, a director at The AES Corp (AES) recently picked up 30,000 more shares. The buy increased her stake by nearly 70 percent, and came to a total cost of just under $714,000. This marks the first insider buy at the company since June 2020, and a buy as shares have pulled back from recent highs. Three company employees sold shares back in August, with the total size of those sales far exceeding this insider buy. Overall, insiders own a ...
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Shares of cloud provider Salesforce.com (CRM) jumped higher on Thursday following solid earnings and a bullish full-year outlook. One trader sees the possibility for a move higher in the coming weeks. That’s based on the October 29 $280 calls. With 35 days until expiration, over 2,200 contracts traded, a 22-fold rise in volume from the prior open interest of 101 contracts. The buyer of the calls paid $4.98 to make the trade. The recent rally in shares brings the stock up ...
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The pandemic impacted how nearly every company does business. Some fared well thanks to pivoting to faster growth opportunities, even as traditional lines of business struggled. One such company is The Walt Disney Company (DIS). The company’s theme parks faced unprecedented closures, and its cruise line was halted. But rising streaming subscribers created years of growth in a recurring-revenue stream for the company. Now, the company has warned that its streaming subscriber growth will slow. Given that the company hit its 5-year ...
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Brian Gragnolati, a director at Lakeland Bancorp (LBAI), recently picked up 2,000 more shares. The buy increased his stake by nearly 13 percent, and came to a total cost of just over $32,000. Other company insiders have also been buyers in recent months. The company’s Chief Information Officer (CIO) bought 3,000 shares last week as well, a buy of nearly $50,000. Overall, company insiders have been large and consistent buyers with only some small sellers in the past three years. Overall, Read More About This

Shares of ride share company Uber (UBER) have been in a decline for several months, although shares did pop higher on Tuesday thanks to the company’s forecast for its first profitable earnings report. One trader sees the downtrend continuing, however. That’s based on the June $25 puts. With 267 days until expiration, over 9,450 contracts traded against a prior open interest of 181 contracts, for a 52-fold rise in volume. The buyer of the puts paid about $0.50 to make the ...
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The real estate market has started to show some signs of slowing down. Homebuilding stocks, which delivered big returns while home prices were rising, have started trending lower in recent sessions. It also doesn’t help that a number of homebuilding firms have now started to lower sales forecasts as well. While supply and labor issues are part of the problem in the short-term, it’s likely that today’s sales trends will rebound in the months to come. KB Home (KBH), a mid-range ...
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AJ Teague, Co-CEO of Enterprise Products Partners LP (EPD), recently picked up 23,300 shares. The buy increased his stake by just over 1 percent, and came to a total cost of just under $499,000. This adds to other insider buying so far this year, at prices near where shares currently trade. That includes a 10,000 share buy from a director in just the prior week, at a cost of just over $222,000. Overall company insiders own over 32 percent of shares. The ...
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