Trading Tips Blog

In a volatile market, it may seem that no sector is safe. That’s especially true as both stocks and bonds sold off by double-digits last year. But other asset classes are more mixed. Commodities held up fairly well last year, and some specific plays look set to fare well into 2023 and possibly beyond. That’s because the rules of the commodity space can come down to supply and demand. Any change in those factors can lead to big prices swings. While investor ...
Read More About This

Craig Erlich, COO at Agree Realty Corp (ADC), recently added 4,898 shares. The buy increased his holdings by 19 percent, and came to a total cost just under $80,000. The buy came a week after a company director bought 11,000 shares, paying just over $785,000. Otherwise, company insiders haven’t made any changes in their holdings in nearly a year. Going back over the past three years, insiders have been consistent buyers. Overall, insiders own 1.6 percent of company shares. The real estate ...
Read More About This

Shares of electric truck manufacturer Nikola Corporation (NKLA) are down 80 percent over the past year. One trader sees a further decline ahead. That’s based on the January 2024 $2 puts. With 379 days until expiration, 40,037 contracts traded compared to a prior open interest of 967, for a 41-fold rise in volume on the trade. The buyer of the puts paid $1.08 to make the bearish bet. Shares recently traded for about $2.20, so the stock would need to drop about ...
Read More About This

Last year’s bear market likely isn’t quite over yet. However, many stocks that were fairly valued are now bargains. And they could start moving higher in the months ahead as the bear market reaches its peak. In that kind of environment, there will be a quick jump higher for nearly all stocks. But the best performers will come from those companies that are industry leaders, and will be more sustainable than just a jump higher. For instance, right now investors are skeptical ...
Read More About This

Pershing Square Capital Management, a major owner of Howard Hughes Corp (HHC), recently added 6,154 shares. The buy increased the fund’s holdings by under 1 percent, and came to a total cost of just under $460,000. That was the fund’s fourth buy in the span of a month, following large purchases including a 1,560,205 share but and a 657,160 share buy. Overall, the fund has increased its stake by over 15 percent in the past month. Overall, Pershing Square owns about 32 ...
Read More About This

Shares of drug manufacturer Novartis (NVS) are slightly up over the past year. One trader sees a further rally occurring in the first half of the year. That’s based on the July $85 calls. With 197 days until expiration, 3,071 contracts traded compared to a prior open interest of 119, for a 26-fold rise in volume on the trade. The buyer of the calls paid $8.30 to make the bullish bet. Shares recently traded just under $91, meaning the options are more ...
Read More About This

There are many ways to value a company. For an industry with only a few players, one key metric is market share. That’s because when there are just a few companies in an industry, it’s growth is largely over. So what matters most is being able to grow by getting consumers to switch. In a slowing economy, companies focusing on growing their market share could be solid winners… and could also show investors which companies to avoid right now. For instance, dating ...
Read More About This

Roxanne Austin, a director at CrowdStrike Holdings (CRWD), recently added 25,000 shares. The buy increased her holdings by 62 percent, and came to a total cost of just under $2.5 million. This marks the first insider buy since back in June, when another director picked up a mere 81 shares. Otherwise, company officers and directors have largely been sellers of shares, following the exercise of options. Overall, company insiders own 1.3 percent of shares. Shares of the cloud services protection company have ...
Read More About This