A Simple Way to Play Today’s High Bond Yields
The bond market has disconnected from the stock market in recent months. Despite the Federal Reserve cutting interest rates a full point, bond yields have ticked higher. Some see the 10-year Treasury, the bellwether for the bond market, trending towards a 5% yield. That’s not too much further from its current level near 4.7%. And it suggests that most of the bond market’s move higher may have already occurred. If that’s the case, now may be an ideal time to lock in ...
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Insider Activity Report: Gigacloud Technology (GCT)
Marshall Bernes, a program head at Gigacloud Technology (GCT), recently bought 5,000 shares. The buy increased his position by 9%, and came to a total cost of $87,500. This marks the first insider buy at the company over the past two years. There have been a few dozen insider sales over the past few years, including sales from the company CEO and a director, who each hold more than 10% of outstanding shares. Overall, Gigacloud Technology insiders own 13.6% of shares. The ...
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Unusual Option Activity: Amazon (AMZN)
Tech giant Amazon (AMZN) is up 50% over the past year, returning about double that of the S&P 500 index. One trader sees further gains in the months ahead. That’s based on the April $320 calls. With 97 days until expiration, 14,453 contracts traded compared to a prior open interest of 146, for a 99-fold rise in volume on the trade. The buyer of the calls paid $0.29 to make the bullish bet. Amazon shares recently traded for about $220, so the ...
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The Face of the AI Revolution Is Still Delivering Results
Investors love seeing the big growth behind the rollout of generative AI. But after two years of rallies in the big-cap stocks, concerns are mounting about whether or not these companies can keep up big growth. While growth is likely to slow, new iterations of technology will likely ensure above average growth continues as new AI programs are developed, data centers are created, and as hardware demand remains robust. That’s why tech giant Nvidia (NVDA) could still have a great year, adding ...
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Insider Activity Report: Simon Property Group (SPG)
12 company directors at Simon Property Group (SPG) recently made their quarterly purchases. The buys ranged from a low of 21 shares, costing $3,540, to 465 shares, coming to a cost of $78,394. These follow up on similar buys from the company directors every three months. The last non-director buy was a 359-share buy from the company CFO for $39,199 back in late 2023. There have been no insider sales over the past two years. Overall, Simon Property Group insiders own ...
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Unusual Option Activity: Alaska Air Group (ALK)
Regional airliner Alaska Air Group (ALK) had a massive return in 2024, with shares rallying over 70%. One trader sees a pullback in the weeks ahead. That’s based on the February $57.50 puts. With 43 days until expiration, 14,825 contracts traded compared to a prior open interest of 145, for a massive 102-fold rise in volume on the trade. The buyer of the puts paid $0.88 to make the bearish bet. Alaska Air Group shares recently traded for about $65.50, so shares ...
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This Oversold Sector May Be Due for a Rebound
While the stock market remains near all-time highs, some sectors have fared much better than others. Tech stocks tend to be big winners in most years, but even within the tech space, a few sub-sectors have fared well compared to others. Quantum computing stocks have soared in recent weeks, thanks to bullish news from that sector. But solar technology stocks have lagged, reflecting concerns over a pullback in subsidies. That concern may be creating a buying opportunity today. Even if solar subsidies ...
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Insider Activity Report: T-Mobile (TMUS)
Andre Almeida, a director at T-Mobile (TMUS), recently bought 3,808 shares. The buy came to a total cost of $897,528, and is an initial stake for the director. This is also the first insider buy over the past two years. Company insiders have been sellers of shares, including the sale of large stake from major holder Deutsche Telekom. Major executives including the CEO and CFO have also been scaling out of their position recently. Overall, T-Mobile insiders still own 59.2% of ...
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