Trading Tips Blog

Interest rates have already started to decline ahead of the first rate cut by the Federal Reserve later this month. That’s starting to cause a market shift, allowing interest-rate sensitive companies to move higher. As rates trend lower, companies will benefit. They’ll be able to borrow and lower costs. And for some companies, it can also mean that their dividend yields will look more attractive relative to bonds. That’s the case with real estate investment trusts, or REITs. They’re required to pay ...
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Bernard Lanigan, a director at CNX Resources Corporation (CNX), recently bought 75,000 shares. The buy increased his stake by nearly 19%, and came to a total cost of $2,010,750. This follows up on another 75,000 share buy back in August, for just over $2 million even. Other company directors have acquired shares as stock awards over the past few months, and the company CEO converted stock options to shares earlier in the year. Overall, CNX insiders own 4.3% of shares. The oil ...
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Retail giant Walmart (WMT) is up 43% over the past year, almost doubling the overall performance of the S&P 500. One trader sees further upside for shares in the weeks ahead. That’s based on the October 4 $81 calls. With 18 days until expiration, 23,254 contracts traded compared to a prior open interest of 105, for a massive 221-fold rise in volume on the trade. The buyer of the calls paid $0.76 to make the bullish bet. Walmart shares recently traded for ...
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Momentum investors operate under the assumption that a stock heading higher (or lower) will keep going in that direction. Until there’s a sign of a trend change, that’s a reasonable trading strategy. One item that can help momentum plays trend higher is their inclusion in a stock market index. That’s because the addition to an index means that the index has to buy shares. And since index investing is popular, millions automatically add to an index position with retirement plans such ...
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John Barry, CEO of Prospect Capital (PSEC), has been a repeat buyer of shares this month. Over four transactions, he has picked up almost 2.4 million shares, paying just under $13 million to do so. Barry has also been a buyer back in May, with two transactions valued at over $4.3 million. Other company insiders have also been buyers recently, including a company director and the CFO. Over the past two years, insiders have only been buyers of shares, with no ...
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Staffing and employment service provider ZipRecruiter (ZIP) is down 40% over the past year as jobless claims continue to rise and total open jobs decline. One trader sees shares popping higher into next year. That’s based on the January 2025 $12.50 calls. With 126 days until expiration, 35,895 contracts traded compared to a prior open interest of 186, for a massive 193-fold rise in volume on the trade. The buyer of the calls paid $0.20 to make the bullish bet. ZipRecruiter last ...
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The housing market has largely been frozen over the past two years. Rising interest rates made it unattractive for those who locked in a low mortgage rate to move. And the higher costs kept potential homebuyers on the sidelines. The thaw is starting. Interest rates are already coming down ahead of the Federal Reserve’s action. And as the housing market thaws, home improvement projects and spending may soar. That bodes well for several companies. For instance, paint giant The Sherwin-Williams Company (SHW) ...
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Juan Mendoza, a director at Herbalife (HLF), recently bought 10,000 shares. The buy came to a total cost of $71,100, and increased his stake by 8.3%. This follows up on several other buys made by the director so far this year, including two pickups in August for over 16,700 shares, and some pickups in May for nearly 18,000 shares. Over the past two years, insiders and officers have been buyers of shares, with a mix of those buys coming from stock ...
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