Trading Tips Blog

While investors were happy to see the rate of annual inflation start to slow, inflation is still unacceptably high. That will continue to keep consumers on the defensive. They may cut their spending in some areas to afford the higher prices elsewhere. That could bode well for low-cost producers for some time. Most companies offering inexpensive products can usually raise prices to counter inflation, even if it may also result in some lower sales. One company that missed on sales but is ...
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Jeffrey Ubben, a director at Exxon Mobil Corp (XOM), recently picked up 1,000,000 shares. The buy increased his stake by nearly 565 percent, and came to a total purchase price of $88.45 million. This is the first buy at the company since last November. So far this year, a few company insiders have been sellers of shares. Over the past three years, there’s been a mix of insider buys and sells, but overall sellers have been slightly greater than buyers. Overall, ...
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Shares of cryptocurrency brokerage firm Coinbase (COIN) rallied after reporting dismal earnings, as the overall market surged higher on a lower-than-expected CPI report. One trader is betting the shares will decline from here. That’s based on the November $90 put options. With 98 days until expiration, 2,817 contracts traded compared to a prior open interest of 134, for a 21-fold rise in volume on the trade. The buyer of the puts paid $18.48 to make the trade. Shares recently traded for about ...
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During bear markets, retail investors get fearful. But the wealthy and institutional investors know it’s time to buy – even if it may be months or years for a buy to pay off. With the market down and the economy moving into reverse as inflation takes a bite, valuations in many sectors are compelling enough to entice new investments and merger activities now. Those who follow those trends could fare well in the future. While there are plenty of examples in the ...
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Aaron Ravenscroft, President and CEO of Manitowoc Co (MTW), recently picked up 3,000 shares. The buy increased his holdings by 1.4 percent, and came to a total price of just under $34,000. The buy comes several days after two directors at the company also picked up shares. Each bought about $25,000 worth of shares at the start of August. That follows up on other buys throughout the year. Over the past three years, company insiders have only bought and never sold ...
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Shares of portable storage company WillScot Mobile Mini Holdings Corp (WSC) are up nearly 47 percent in the past year. One trader sees a pullback ahead in the coming weeks. That’s based on the September $35 puts. With 36 days until expiration, 3,082 contracts traded compared to a prior open interest of 104, for a 30-fold increase in volume on the trade. The buyer of the puts paid $0.35 to make the bearish bet. The stock last traded around $41, so it ...
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The stock market is forward looking. The selloff this year started well before companies started to show a slowdown in earnings. Now that this slowdown is being reported, however, stocks may start moving higher once again before earnings then trend higher. Traders aware of this trend can take advantage today by buying shares of great companies warning on earnings now, even though they may be poised for strong growth later. One such example is Palantir Technologies (PLTR). The data analytics company lowered ...
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Georges Antoun, Chief Commercial Officer at First Solar (FSLR), recently picked up 9,946 shares. The buy increased his holdings by 36 percent, and came to a total price just under $1 million. He was joined by the company’s Chief Quality Officer, who picked up 489 shares, paying about $50,000 to do so. And earlier in the month, the company CFO picked up nearly 2,000 shares for about $200,000. These mark the only insider buys at the company in the past three ...
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