Trading Tips Blog

Stock market volatility has been rising in recent sessions, and few spaces look immune to potential wild daily swings. For the semiconductor space, however, a supply crunch is likely to limit potential downside damage. That’s especially true for Micron (MU). The company beat on earnings estimates, and raised its forecast for the year for earnings, margin, and revenue. While shares sank when reporting earnings on Wednesday, and on Thursday's market meltdown, the longer-term uptrend looks intact. Shares have also benefitted in recent ...
Read More

Marcus Lemonis, CEO and a major holder at Camping World Holdings (CWH), recently picked up 3,127 additional shares. The cost came to just over $100,000, and represents a 0.5 percent increase in holdings. The buy comes as shares have pulled back nearly 20 percent from all-time highs. This marks the first buy at the company since November. Insider activity has generally been bullish, except in the past year when a fund with a large stake moved to sell off their ...
Read More

Brazilian fintech company PagSeguro (PAGS) has a healthy long-term chart, moving higher with some sharp, but quickly recovered, drops along the way. Following the recent market weakness, one trader is betting on a move higher with the January 2022 $65 calls. That’s about $10 per share higher from the current price near $65. Over 10,100 contracts traded, a 34-fold rise in volume from the prior open interest of 299. The buyer paid about $9.10 on average. Shares have had a sizeable correction ...
Read More

At least one trader is leaning hard into the “reopening” theme for the economy with a large bet on Hilton Worldwide Holdings (HLT). That’s based on the January 2022 $140 calls. With shares at $124, shares would need to rally about 13 percent for the option to move in-the-money. Over 3,000 of the contracts traded compared to an open interest of 127, for a 24-fold rise in volume. The trader paid about $11.20 for the options on average. The company is coming ...
Read More

Michael Angelakis, a director at ExxonMobil (XOM), recently picked up 25,000 shares. The buy increased his stake by 312 percent, and came to a total purchase price of just over $1.4 million. This marks the first insider buys since March of last year, when shares traded at nearly half the price of today. Insiders have also been sellers at times over the past few years, including some sales in late 2020. Insiders own 0.01 percent of shares. Exxon shares have been on ...
Read More

Shares of rideshare firm Lyft (LYFT) are set to move higher yet again. That’s thanks to the company’s latest ride numbers, which are now on par with March 2020. Average daily rides are up 4 percent, and volumes are up 5.4 percent from the previous month. That’s a great trend, and one likely to continue to rise over time, as economies look to end restrictions and reopen. And with shares already near all-time highs, there’s room for a surge higher. The ...
Read More

Loan Le Duy, a director at Cree (CREE), recently bought 1,000 shares. The buy increased her stake by over 6 percent, and came to a total cost of just over $105,000. This marks the first insider buy at the company since late 2019. As with many tech names, insiders are generally sellers, although all insider activity over the past few years have been from directors, rather than C-suite executives. Overall, insiders own just 0.5 percent of shares at the LED production ...
Read More

The latest retail company to report earnings has continued the trend of failing to report guidance. And that’s once again spooked the market into a selloff. With where stocks are at right now, the move has created some opportunities to buy near the lows of the year. The latest player? Target (TGT). The company earned $2.73 per share for the last quarter of 2020, a massive jump from the $1.65 per share in the fourth quarter of 2019. Yet despite those massive ...
Read More