Trading Tips Blog

The past year has seen a surge of e-commerce growth. While most may think of the sales of goods normally bought in stores, a number of other services are also available online. Companies that cater to small businesses growing online have seen tremendous growth from the increased online sales of both goods and services. That’s a trend likely to continue, which could be a big winner for a number of firms in the year ahead, even after a stellar year. One such ...
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Charles Ruffel, a director at Charles Schwab Corp (SCHW), recently picked up 3,636 shares. The buy increased his stake by 23 percent, and the total cost came to just over $196,000. This marks the first insider buy at the company since last July. Insiders have been overwhelming sellers of shares, dominated by Chairman Charles Schwab, who is still substantial shareholder at the company. Overall, insiders own over 7 percent of shares. The brokerage firm has performed about in line with the ...
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Shares of Bed Bath & Beyond (BBBY) were one of many companies caught up in the recent retail short squeeze. While shares have been volatile in recent days, at least one trader now sees shares as oversold, and likely to bounce higher. That’s based on the March 2021 $42 call options. With 42 days until expiration, over 8,060 options traded yesterday, a 52-fold rise from the prior interest of 166. With shares trading near $27, the share price would need to rise ...
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Many heavily shorted companies are done so due to their weakness to potential bankruptcy. However, sometimes a company gets a heavy short interest without any apparent weakness. That still makes shares susceptible to a squeeze. That may be what happened last week with shares of Tootsie Roll (TR). The confectionary firm saw its price soar to nearly $60 per share in intra-day trading, only to come back to its more recent price trend near $30. In hindsight, it’s easy to see why ...
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Daniel Johnson, a director at Fastenal Co (FAST) recently picked up 1,080 shares of the company. The buy increased his holdings by over 14 percent, and came to a total price of just over $50,000. Director Stephen Eastman was also a recent buyer, with a 1,000-share pickup in late January. Overall, insiders are both active buyers and sellers, with C-suite executives cashing out of stock options while directors keep buying. The directors are doing a better job, as shares of the ...
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Joseph Whitters, a director at Accuray (ARAY) recently picked up 20,000 shares. The buy increased his holdings by over 7 percent, and came to a total cost of just over $100,000. Whitters last bought 50,000 shares in November, at a price about 50 percent lower than where shares currently trade. Insiders have generally been sellers of shares at the company over the past three years. Overall, insiders own 3.4 percent of the company. Accuray designs and develops healthcare equipment including therapy ...
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Even before the pandemic, video games were a huge business. In 2019, video game sales exceeded box office sales globally. That trend continued even higher in 2020, thanks to lockdowns and a new generation of video game consoles. The big winners in the space are often the video game design companies. Largely dominated by a few big players who keep turning out franchise titles much like a big film studio, these companies tend to see steady and growing revenues. For instance, Electronic ...
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Shares of Aurora Cannabis (ACB) have more than tripled since early November, as more states legalized marijuana, and as federal trends point towards lower enforcement, if not outright decriminalization. One trader sees a further move higher. The September 2021 $14 call option last saw a 23-fold rise in volume, going from 131 open trades to over 3,100. Expiring in 225 days, the option is the at-the-money trade, given that shares trade just under $14.00. The buyer of the option paid $4.63 to ...
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