Trading Tips Blog

The past few years have seen a number of companies come to compete for cloud services. Most have focused around providing the hardware itself. That oligopoly looks fairly secure. But there’s still a rich environment for cloud services providers to benefit. Some are new players to the tech space, built up quickly over a few years. Other players aren’t new to the tech space, but have adapted with the times. One of those latter players is performing surprisingly strongly now. That company ...
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Charles Reeves, CEO at MidWestOne Financial (MOFG), recently bought 24,858 shares. The buy increased his holdings by nearly 350 percent, and came to a total cost just under $857,000. This marks the first insider buy at the company since March, when a director picked up 350 shares, paying just under $11,000 to do so. Other company executives have been buyers in the past two years. The last insider sale was over two years ago. Overall, company insiders own 8.2 percent of ...
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Shares of energy giant ExxonMobil (XOM) have been on a tear this year, with an 85 percent rally. One trader sees a pullback in the months ahead. That’s based on the February 2023 $80 puts. With 77 days until expiration, 4,511 contracts traded compared to a prior open interest of 183, for a 25-fold rise in volume on the trade. The buyer of the puts paid $0.44 to make the downside bet. The stock last traded for just under $112, so shares ...
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Cyber Monday’s growing influence over retail sales encompasses both the sale of physical goods from retailers online, as well as services that can be made online. The latter category, without storage or shipping costs, can be a higher profit-margin center for companies with such services. With this year’s holiday spending underway, a few early winners from Cyber Monday have emerged. And investing in those companies could make profits even beyond the holiday season. For instance, Electronic Arts (EA) saw some best-selling ...
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Global GP LLC, the general partner of Global Partners LP (GLP), recently added 4,100 shares to their holdings. The buy increased the GP’s stake by nearly 8 percent, and came to a total cost just over $130,000. This is the 8th buy from the general partner this year. A company director has also been a recent buyer, picking up 2,000 shares for just over $56,000 back in September. The last insider sale occurred back in May. Overall, company insiders own 20 ...
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Shares of iron ore producer Vale (VALE) are up 22 percent in the past year, but are still well under the year’s highs. One trader sees shares moving higher through the first half of 2023. That’s based on the June 2023 $18 calls. With 196 days until expiration, 21,539 contracts traded compared to a prior open interest of 822, for a 26-fold rise in volume on the trade. The buyer of the calls paid $1.25 to get into the trade. Shares recently ...
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Black Friday and Cyber Monday have come and gone. It’s likely that the biggest bargains in retail for the holiday season have already been made. Sales appear to be higher, but adjusted for inflation, overall volumes may be lower. One way traders can wade through the opportunities in retail in the coming weeks is to look for companies that didn’t have excess inventory to clear, or needed to resort to massive discounts this holiday season. One potential winner is already emerging: Decker ...
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Patrick Ryan, CEO and major owner at Ryan Specialty Holdings (RYAN), recently added 285,058 shares. The buy increased his holdings by 2.2 percent, and came to a total cost of just over $11 million. In total, Ryan has bought shares on seven occasions in the past month. A company director also joined in with a 29,474 share buy, totaling just under $805,000. The last insider sale at Ryan Specialty Holdings occurred back in September. Overall, company insiders own just over 14 ...
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