Trading Tips Blog

The past few months have seen stocks move off their lows. Despite the daily swings in the market, the potential for a recession has been priced in. Some sectors have fared better than others during this downturn. In the meantime, the market recovery of the past few weeks has been best for beaten-down tech plays. And one of the hardest hit places, cryptocurrencies, has technically entered into a new bull market. From its lows last week alone, Bitcoin is up nearly ...
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Berkshire Hathaway (BRK-B), a major holder of Occidental Petroleum (OXY), continues to add to its stake in the company. The most recent pickup was a 242,241 share buy on Tuesday, representing a 0.13 percent increase in their holdings. The company paid $14.45 million for that stake. That adds on to regular, consistent buying over the past few months. The conglomerate is now closing in on a 20 percent stake in Occidental. The buying has continued even as oil prices have stalled out ...
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Shares of casino giant Las Vegas Sands (LVS) are down about 28 percent in the past year. One trader is betting on a potential rebound in the coming months. That’s based on the October $40 calls. With 91 days until expiration, 7,891 contracts traded compared to a prior open interest of 125, for a 63-fold rise in volume on the trade. The buyer of the calls paid $2.71 to make the trade. Shares are just over $37, so they would need ...
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The market may have hit a recent low in the past few weeks. Time will tell. Until we know more, uncertainty continues to reign. And many companies are now starting to report on the unusual conditions of the last quarter, which could lead to a further selloff. Companies with a large international presence are noting the effect that the strong US Dollar is having on their international operations. That’s leading to lower outlooks going forward. But if the economy starts to show ...
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Richard Brannon, a director at Energy Transfer LP (ET), recently picked up 137,860 shares. The buy increased his holdings by just over 27 percent, and came to a total purchase price just over $1.3 million. This is the first insider buy in months. Company insiders were more active buyers late last year and into the start of this year. Overall, there have been dozens of buys from directors and executives in the past three years, with only one insider sale. Overall, company ...
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Shares of pharmaceutical giant Bristol Myers Squibb (BMY) are up about 10 percent over the past year. One trader is betting that shares will continue higher in the next month. That’s based on the August $70 calls. With 29 days until expiration, 6,809 contracts traded compared to a prior open interest of 129, for a 53-fold jump in volume on the trade. The buyer of the calls paid $4.23 to make the bet. Shares recently traded for just over $73, making these ...
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Congress is weighing on legislation to support domestic semiconductor production before it goes on recess. The goal is to counter the global chip shortage. If passed, it will make it easier for mega-factories to be built stateside, but the chip shortage is still likely to continue. That’s because demand remains strong, and many new technologies require a larger number of more advanced chips than ever before. That bodes well across the industry. One company set to benefit from the shortage, and get ...
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David Taylor, a director at Delta Airlines (DAL), recently added 10,000 shares. The buy increased his holdings by just over 21 percent, and came to a total price of just over $293,000. This marks the second buy at the company this year, also from a director. Company executives have been sellers of shares this year, as high oil prices have weighed on returns. Over the past three years, insider buying has been fairly steady after drops, with insider sales rising after ...
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