Trading Tips Blog

The holiday season is underway, and already travel numbers are closing in on their 2019 record levels. While they likely won’t exceed that prior peak for 2021, 2022 could be a big winner. And companies in the transportation sector are set to continue to benefit. That’s being seen in the bottom line of companies as well, with many increasing their estimates for how they’ll perform financially this year. While rising fuel costs are a yellow flag, improving travel numbers bode well for ...
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John Wilder, a director at
Evergy (EVRG) recently picked up 20,877 shares. The buy increased his stake by 0.8 percent, and came to a total purchase price of just over $1.375 million. That follows up on a buy he made last week for 21,414 shares, paying $1.372 million to do so. And a buy back in November for 21,045 shares for $1.371 million. The director has additional buys going back into September, when the company CEO and CFO were also buyers. Overall, Read More About This

Shares of industrial rental and leasing firm
Fortress Transportation and Infrastructure Investors (FTAI) have been in a downtrend since June. One trader sees a rebound ahead, if not already underway given the rise in shares in recent sessions. That’s based on the April $28 calls. With 124 days until expiration, over 13,450 contracts traded against a prior open interest of 236, for a 57-fold jump in volume. The buyer of the calls paid $1.50 for the trade. Shares recently traded around $24, so ...
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The concept of the metaverse has been around for a while. However, the past few months have seen a few big names starting to shift into the space. There’s plenty of room for many companies to work in the space, whether in providing hardware, software, or ancillary services such as currencies. But one company that’s already dominating in one industry is looking to do the same in this new digital world. That company is
Meta Platforms (FB), which was recently renamed from its ...
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Enrique Lores, a director at
PayPal Holdings (PYPL), recently added 2,770 shares. The buy increased his stake by over 325 percent, and came to a purchase price of just under $500,000. This buy comes after another director bought 1,547 shares back in late November, paying nearly $289,000 to do so. And a third director picked up 9,780 shares for just under $2 million at the start of November. Insiders have otherwise been sellers over the past three years. Overall, company insiders own Read More About This

Shares of retail giant
Walmart (WMT) sold off heavily in recent weeks, but have started to rebound. One trader sees that trend continuing through the holidays. That’s based on the December 31 $147 call. With 22 days until expiration, over 11,750 contracts traded hands compared to a prior open interest of 172, for a 68-fold surge in volume. The buyer of the calls paid $0.45 to make the trade. Shares recently traded around $138.50, so a strike price of $147 would require a ...
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Retail is a tough business, with low profit margins and cranky customers who expect a lot for the least amount of money. With the rise of a new Covid variant and high inflation rates, the space may not seem like the most attractive going into what’s usually the best few weeks of the year for retail companies. Fortunately, there are a number of safe-haven plays in the space, largely in big-box stores offering consistent and low prices for customers. With economic fears ...
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Patrick Doyle, a director at
Best Buy (BBY) recently picked up 20,000 shares. The buy increased his holdings by 63 percent, and came to a total purchase price of just under $2.1 million. This marks the first insider buy at the big-box retailer in over three years. Company insiders have generally been big sellers of shares, particularly company executives thanks to stock compensation. Even with the large amount of insider selling over the past few years, insiders do own just over 10 ...
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