Trading Tips Blog

The stock market’s recent decline has been felt most heavily in technology stocks. That’s the typical case of selloffs in general, as tech stocks tend to outperform the market on the way up. Investors who buy industry-leading tech names during a market correction can typically improve their returns as the market inevitably rebounds. While it may be too soon to say if the current bottom is in, we’re likely closer to the bottom than not. That makes it the perfect time to ...
Read More About This

Working Capital Advisors, a major holder of Stitch Fix (SFIX), recently picked up 500,000 more shares. The buy increased the fund’s stake by nearly 4.4 percent, and came to a total price of just under $8.2 million. This adds to a number of buys from the fund over the past two months, including a pickup of nearly 3.4 million shares in mid-December. These buys have occurred as shares have had a major slump in the past year. Overall, company insiders own about ...
Read More About This

Shares of energy producer Northern Oil & Gas (NOG) have more than doubled in the past year. One trader sees that trend continuing as energy prices continue higher. That’s based on the June $30 calls. With 143 days until expiration, 2,577 contracts recently traded compared to an open interest of 108, for a 24-fold jump in volume. The buyer of the calls paid $1.45 to make the trade. With a current share price near $23, shares would need to rally a ...
Read More About This

Microsoft (MSFT) made its biggest acquisition offer yet, with the proposal to buy Activision Blizzard (ATVI) at $95 per share. Judging by how the share prices of both companies have moved, the market isn’t quite satisfied that such a merger will go through. However, a few other names in the video game space have had a selloff on the news. Whether a deal pans out between the two companies or not, these other firms will likely recover in time and continue ...
Read More About This

Peter Orthwein, a director at Thor Industries (THO), recently picked up 10,000 shares. The buy increased his holdings by just over 1 percent, and came to a total purchase price of just over $985,000. This follows up on a similar 10,000 share buy back in December from the same director. In the meantime, a second director picked up 500 shares for just over $50,000 on December 27. Overall, insiders own about 4.4 percent of the company. Shares of the RV manufacturer have ...
Read More About This

Shares of uranium mining giant Cameco (CCJ) have had a stellar year thanks to a strong commodity market and rising uranium prices. One trader sees that trend continuing in the first half of this year. That’s based on the June $32 calls. With 146 days until expiration, 6,041 contracts traded compared to a prior open interest of 179, for a 34-fold increase in volume. The buyer of the calls paid $0.85 to make the trade. With shares last going for about $22, ...
Read More About This

The Nasdaq has started off the year with an un-seasonal decline, and one that’s leaving the index looking at a full-blown correction of 10 percent off the most recent highs. While the length and depth of any pullback is unknown, markets do tend to rebound in time—and tech-heavy stocks tend to be the fastest to start to move higher. Investors who embrace a “buy the dip” mentality towards key tech names can best take advantage of any inevitable market selloff. One such ...
Read More About This

Melissa Weiler, a director at Jefferies Financial Group (JEF), recently bought 4,000 shares. The buy doubled her holdings, and came to a total price of just under $150,000. This is the second buy from the director since last July, when other insiders, including the company President, were buyers as well. Otherwise, company insiders have largely been sellers of shares in sizeable blocks over the past three years. Overall, insiders own just under 24 percent of the company. Shares of the investment banking ...
Read More About This