Trading Tips Blog

There’s an old saying that the Chinese word for crisis is also the same word for opportunity. That can be the case in the stock market often, as short-term fears create long-term buying opportunities for astute investors. That’s the case with many beaten-down tech stocks right now. While there are still some pockets of overvaluation, a number of opportunities are available for industry-leading companies at a reasonable price right now. One clear-cut example is Advanced Micro Devices (AMD). Last week’s market selloff ...
Read More About This

Saba Capital Management, a major owner of Salient Midstream (SMM), recently added 35,636 shares. The buy increased the fund’s holdings by over 1.2 percent, and came to a total purchase price of just over $261,000. That adds on the fund’s other buys, including another 38,000 shares added earlier in February, as well as nearly 100,00 shares in January and over 100,000 in December alone. Outside of major fund holders, no insiders are recorded owners of the company since it went public. However, ...
Read More About This

Shares of oil services company Baker Hughes (BKR) have been trending higher over the past year. One trader sees the potential for a big move higher in the coming months. That’s based on the September $33 calls. With 212 days until expiration, 4,164 contracts traded against a prior open interest of 138, for a 30-fold jump in volume. The buyer of the calls paid $2.13 to make the trade. The stock last went for about $29, so shares would need to ...
Read More About This

The current economic data shows inflation is running hot, supply chains are strained, and consumers are increasingly uncertain. A company that can thrive and grow now is one that’s going to be rewarded by investors in today’s market. The best place to find such companies are one that offer a powerful brand, which tends to hold more value, or which offer a service, as services are removed from supply chain constraints and tend to be highly profitable. One such area that looks ...
Read More About This

Kenneth Phelan, a director at Huntington Bancshares (HBAN), recently added 7,560 shares to his holdings. The buy increased his stake by nearly 14 percent, and came to a total price just under $120,000. The same director also picked up 20,000 shares back in November, at a price similar to where shares trade today. Otherwise, company insiders have more likely been sellers of shares over the past three years. Overall, insiders at the company own just under 0.9 percent of the shares. The ...
Read More About This

Shares of utility firm The AES Corporation (AES) have been trending down over the past year. One trader sees a potential rebound in the coming months. That’s based on the May $24 calls. With 94 days until expiration, 18,334 contracts traded hands, a 176-fold jump in volume compared to the prior open interest of 104. The buyer of the calls paid $0.93 to make the trade. The utility’s shares currently go for just under $22.50, so shares would need to rise about ...
Read More About This

The economy is rapidly changing. But one consistency for investors is to consider companies with strong cash flow. Any firm that can keep money coming in during good times and bad is one worth considering for the long haul. It’s even better for investors when a company finds new venues for generating cash during poor times. The pandemic created a number of opportunities for companies, with some still continuing to grow in the post-pandemic era. Case in point? The Walt Disney Company ...
Read More About This

Frank Yeary, a director at PayPal Holdings (PYPL), recently bought 4,000 shares. The buy increased his holdings by nearly 15 percent, and came to a total price of just under $500,000. The buy came a day after the company President and CEO also bought shares, buying 7,994 shares at a cost of just under $996,000. Insiders have generally been sellers of shares at the company over the past three years, as is typical of big tech firms, but this adds to ...
Read More About This