Trading Tips Blog

Sports apparel manufacturer
Nike (NKE) is down over 25% in the past year, amid a slowdown in earnings. One trader sees shares trending higher in the coming weeks. That’s based on the May 3 $90 calls. With 24 days until expiration, 3,167 contracts traded compared to a prior open interest of 147, for a 25-fold rise in volume on the trade. The buyer of the calls paid $1.79 to make the bullish bet. Nike recently traded for about $88.80, so shares would need ...
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While the overall market may be trending higher or lower, individual sectors can sometimes buck that trend. The current bull market has had a few sectors remain out of favor. One of those has been in the packaged food space. However, that’s starting to change. These stocks are now starting to trend higher, and companies within this sector with strong earnings could be great performers in the months ahead. For instance, packaged food giant
Conagra Brands (CAG) just reported better-than-expected earnings and ...
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Jeffrey Davis, CFO of
Dollar Tree (DLTR), recently bought 1,800 shares. The buy increased his position by 10%, and came to a total cost of $244,794. This buy follows up on a director buy in March for 1,000 shares at $127,850. Going further back, insider activity has been a bit more mixed, but the company CEO was a buyer of just over $1 million in shares a year ago. Overall, Dollar Tree insiders own 0.3% of shares. The discount retail chain is down ...
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Industrial conglomerate
General Electric (GE) has been on a tear, with shares doubling over the past year. One trader sees further gains ahead. That’s based on the June $160 calls. With 74 days until expiration, 23,168 contracts traded compared to a prior open interest of 104, for a massive 223-fold rise in volume on the trade. The buyer of the calls paid $3.80 to make the bullish bet. GE shares recently traded for about $147, so the stock would need to rise by ...
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The stock market’s AI boom that kicked off last year still continues, although other market sectors are now trending higher as well. Investors in the AI space may be taking a much-needed breather. One big reason to take a break is that many AI-related names still haven’t seen their earnings grow yet. For instance, many semiconductor companies are still retooling or building facilities for new AI-powered chips. But they’re not ready yet. Those big costs can be seen with a company like
Intel ...
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Manmohan Mahajan, CFO of
Walgreens Boots Alliance (WBA), recently bought 6,000 shares. The buy increased his position by 4%, and came to a total cost of $116,280. This is the third insider buy of the year, following a 10,000 share buy from the CEO and a 4,456 share buy from a company director in January. Otherwise, there has been one sale from a company director this year. That’s about in-line with last year’s insider activity. Overall, Walgreens insiders own 17.4% of shares. The ...
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Uranium explorer and producer
NextGen Energy (NXE) is up over 130% in the past year thanks to strong demand for the energy source. One trader sees further gains in the next five months. That’s based on the September $11 calls. With 168 days until expiration, 10,173 contracts traded compared to a prior open interest of 159, for a 64-fold rise in volume on the trade. The buyer of the calls paid $0.70 to make the bullish bet. NextGen shares recently traded for just ...
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The labor market remains strong. Unemployment is under 4%, and has only ticked up slightly in the past year, even as interest rates have soared. Companies continue to hire. Even big tech companies laying off employees in one division may be hiring somewhere else. For now, trends support a strong job market. And that could mean that companies that cater to employment and staffing services could be winners overall. One such company is
Paychex (PAYX), a provider of HR services such as payroll ...
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