Trading Tips Blog

Seifi Ghasemi, President and CEO of Air Products & Chemicals (APD), recently bought 11,000 shares. The buy increased the CEO’s stake by 2 percent, and came to a total cost of $2.9 million. The buy came a few days after a 10,000 share buy from the CEO, costing just over $2.5 million. Otherwise, there have been no other insider transactions this year. The company’s general counsel made two sales in 2022 and 2021. Overall, APD insiders own 0.4 percent of ...
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Uranium producer Cameo (CCJ) has been a strong performer this year, with shares up over 75 percent. One trader sees further upside in the coming weeks. That’s based on the December 29 $50 calls. With 43 days until expiration, 31,631 contracts traded compared to a prior open interest of 130, for an 88-fold rise in volume on the trade. The buyer of the calls paid $0.63 to make the bullish bet. Shares recently traded for about $44, so they would need to ...
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Wall Street is dominated with short-term thinking. Daily market moves and quarterly earnings reports can cause companies to make all sorts of moves that help the share price in the short-term, but not the long-run. That’s why investors should focus on companies that can deliver great returns over the long-term. That avoids much short-term uncertainty that tends to dominate markets. And it’s why long-term investors should be willing to pay up for a stake in industry leaders. One industry leader is ExxonMobil ...
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Richard Davis, a director at Wells Fargo (WFC), recently bought 3,500 shares. The buy increased his holdings by 470 percent, and came to a total cost of $144,270. This is the first insider buy since July 2022, when the company’s general council bought 97 shares for about $4,200. One other director made a small buy around the same time, also for less than 100 shares. A company vice president was a seller in February, otherwise, insiders have been fairly inactive. Overall, Wells ...
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Artificial Intelligence developer C3.ai (AI) has had a strong year, with shares up over 90 percent. One trader sees the potential for a pullback in the coming weeks. That’s based on the December 1 $22 puts. With 16 days until expiration, 3,521 contracts traded compared to a prior open interest of 101, for a 35-fold rise in volume on the trade.  The buyer of the puts paid $0.20 to make the bearish bet. Shares recently traded for about $27.50, so shares would ...
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The past few years have seen soaring wages due to strong worker demand. Today, some workforces are pushing wages higher following the latest bout of inflation. While wins for workers sound bad for companies in the short-term, there’s a long-term benefit. Happy workers are more likely to stick around. That lowers the costs of hiring new employees. And a happier workforce is one that can be more productive and attentive to protecting a company’s brand. Recent pay deals include workers in Las ...
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John Rutherford, a director at Enterprise Products Partners (EPD), recently bought 10,000 shares. The buy increased his holdings by 7 percent, and came to a total cost just under $260,000. This is the first insider activity since August, when another director bought 50,000 shares, at a slightly higher price. Going back over the last two years, there have been over a dozen insider buys with no sales. Most of the buys have been directors, with a three from the CEO. Overall, company ...
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Sports apparel chain Foot Locker (FL) has dropped nearly 40 percent over the past year. One trader is betting on a rebound in shares in the coming weeks. That’s based on the December 15 $22.50 calls. With 31 days until expiration, 8,084 contracts traded compared to a prior open interest of 177, for a 46-fold rise in volume on the trade. The buyer of the calls paid $1.15 to make the bullish bet. Shares recently traded for about $20.50, so they ...
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