Trading Tips Blog

When markets are running scared, it may be prudent to look at companies making new highs. Chances are there’s something going on with the underlying business that explains why they’re bucking the trend. And chances are that trend will continue. There are always a few companies making new 52-week highs, even in a challenging market. The past few months have also seen a rotation towards more value-oriented and defensive stocks moving higher. One such play is telecom AT&T (T). The company hasn’t ...
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Michael Kennedy, a director at Old Republic Insurance (ORI), has been a buyer of 2,950 shares. The buy increased his holdings by 40 percent, and came to a total cost just under $68,500. Insiders have generally been buyers over the past year, with company directors picking up small sums of shares. One company executive sold 11,000 shares over the past year, receiving just over a quarter million dollars. Overall, company insiders own 7.6 percent of shares. The property and casualty insurance company ...
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Retail apparel company Abercrombie & Fitch (ANF) have seen shares drop by over 20 percent in the past year. One trader is betting on more long-term pain for the company in the year ahead. That’s based on the January 2024 $15 put options. With 357 days until expiration, 5,000 contracts traded compared to a prior open interest of 112, for a 44-fold rise in volume on the trade. The buyer of the puts paid $0.88 to bet on a further drop ...
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Wall Street treats stocks like they’re sprinting. Each quarter, beating or missing investment results can lead to a big move higher or lower. But investing is like a marathon. Companies that consistently grow over time are rewarded over the long haul, no matter what the market is doing in the short-term. Investors can take advantage of short-term market fears to capitalize on great companies by buying them at a discount, and then letting the long-term take care of itself. One such slow ...
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Francis Blake, a director at Delta Air Lines (DAL), recently bought 12,880 shares. That came to a total cost just under $497,000, and increased the director’s holdings by 16 percent. This marks the first buy at the airliner since another director bought $293,000 in shares back in July. A third director also rounded out the total insider buying over the past year. Otherwise, company executives have been modest sellers of shares in the ensuing months. Overall, company insiders own 0.3 percent ...
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Shares of media giant Paramount Global (PARA) have shed one-third of their value in the past year. One trader sees shares moving higher in the weeks ahead. That’s based on the February 17 $21.50 call. With 22 days until expiration, 3,066 contracts traded compared to a prior open interest of 114, for a 27-fold rise in volume on the trade. The buyer of the calls paid $0.97 to make the trade. Shares recently traded just under $21, so they’d need to rise ...
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Investors pay a high price for certainty. By the time they pile into a “sure thing” investment, the price is already sky high. Meanwhile, when there’s a lot of fear in the market, great companies and opportunities can be had for a relative bargain. Today, investors have far more bargain picks than at any time in the past few years. And buying companies moving to streamline costs today will play out doubly well from higher profits and higher share prices. While tech ...
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Mellody Hobson, a director at JPMorgan Chase (JPM), recently added 375 shares. The purchase cost the director $50,448, and increased her stake by less than 1 percent. Hobson was the last buyer of shares at the company one year prior, with a 670 shares pickup for just over $100,000. In the past year, company insiders have largely been sellers of shares, both from existing holdings and from the exercise of options. Overall, company insiders own 0.9 percent of shares. The money center ...
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