Trading Tips Blog

Health care and biotech companies have had some big moves over the past year, but seem to be settling back into the relative underperformance that marked the pre-pandemic era. That’s also applied to pharmaceutical companies too, including those who have developed Covid vaccines. The drug industry’s historically rapid development of a vaccine seems to be no longer impressive. Neither does the likely profits to be had thanks to government support and backing. Case in point? Pfizer (PFE). Shares have shed more than ...
Read More About This

Stock buybacks and dividends were slashed or eliminated last year. Many firms are starting to resume either or both, and point to which companies are likely to continue to fare well in the post-pandemic world. One company just reported strong growth following a merger, and surprised even more with the possibility that a buyback of up to $60 billion would occur within the next few years. The company? T-Mobile (TMUS). The telecom company merged with Spring last year, just in time for ...
Read More About This

Randall Stephenson, a director at Walmart (WMT), recently picked up 7,725 shares. The buy came to a total purchase price of $1.2 million, and increased the director’s holdings by over 1,300 percent. This is the first insider buy in over three years. Insiders, typically members of the Walton family but also some executives, have exclusively been sellers in the past three years. Even with the large, regular sales by company insiders, they still own over 51 percent of shares. Shares of ...
Read More About This

Lodging platform app Airbnb (ABNB) has been trending up since it first went public late last year. Following better than expected earnings, shares have been trending higher. One trader sees a further move ahead. That’s based on the June $210 calls. With 94 days until expiration, over 9,200 contracts traded, a 49-fold rise in volume from the prior open interest of 187. The buyer paid about $24.50 for the calls. Shares are just around $200, so they would need to rally just ...
Read More About This

Tech stocks may be off their lows, but traders aren’t quite ready to embrace the space quite yet. That’s resulted in a few relative bargains. Especially when a company is capable of posting massive growth right now. That’s the case with Oracle (ORCL). The software giant has been shifting to a subscription revenue model, which has made for stronger and more consistent earnings. Profits are now up 20 percent compared to a year ago. Besides trouncing on earnings, the company just ...
Read More About This

Alex Morrison, a director at Gold Resource Corp (GORO), just picked up 17,900 shares. The buy increased his stake to over 51,500 shares in total, and came to a total cost of just over $47,000. This marks the first insider buy at the company this year. Insiders have been both buyers and sellers over the past few years, with company insiders generally having the edge over sellers. Insiders own 3.3 percent of shares. Shares of the gold mining company have just bounced ...
Read More About This

Sports gambling firm DraftKings (DKNG) saw shares soar higher following a positive investor’s day presentation. One trader is betting on a further move even higher. That’s based on the August $90 calls. With 160 days until expiration, and with shares near $70, the option would move in-the-money if shares moved about $20 higher. Over 16,300 contracts traded, a 37-fold rise over the prior interest of 435 contracts. The option buyer paid about $6.35 for the trade. Online sports gambling is a relatively new ...
Read More About This

One of the casualties of the pandemic has been consumer spending—at least plus or minus any stimulus programs. That’s resulted in reduced shopping and reduced transactions. That’s made it tougher for the credit card networks. However, with a recovering economy and likely more spending across a larger number of goods and services, the traditional card networks are likely to see a comeback in volume. That’s why a number of analysts are upgrading the space. While newer Fintech companies still pose a ...
Read More About This