Peloton Breaks Out Ahead of Earnings as Option Volume Surges
There are companies that have been seriously hurt by policies of the pandemic and there are companies that have benefited. With all of the gym closures, the transition to working out at home has lifted Peloton Interactive Inc (NASDAQ: PTON). The company has stationary bicycles but the focus in their upcoming earnings report on September 10 will be the state of their subscription services. While the stock has rallied significantly, the rally may not be over and option traders ...
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5 Technology Service Stocks to Buy Today
It was a great week for service companies in general. However, not all service companies are created equal in a pandemic. For example, when will travel companies return to pre-crisis levels of earnings and revenues? One area that has consistently shown an ability to weather COVID are technology companies. In fact, many have seen a surge in their business throughout. Here are five companies that broke out last week that are seeing an increase in their outlook and share price. The ...
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What Are the Best Stocks to Buy for Beginners?
Getting started is the hardest part of any endeavor. Investing is no different. While the world of investing can be infinitely complex, there are a few ways for investors to start investing in the stock market (also known as the equity market or even share market). Most beginner investors will either gravitate towards buying an index fund, an exchange-traded fund (ETF) or mutual fund that tracks an entire stock exchange, or they’ll start buying penny stocks in the hope of large and ...
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Option Traders Getting the Jump on Sirius XM Holdings Ahead of the Move
Sirius XM Holdings Inc (NASDAQ: SIRI) has been gobbling up competitors in an effort to capitalize on podcasting trends. The added technology and the successful free streaming offer in May and June proved to be a success. On Thursday, option traders stepped up to buy a significant number of call option for an out-of-the-money strike price. The expectation is that the listlessness of SIRI may be coming to an end. SIRI has worked hard to dominate the digital audio ...
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10 Commodity ETFs for Investors with Discriminating Tastes
We’re entering into an era of tight supplies following the pandemic. Tight supplies typically mean higher prices, but the slump in demand has helped offset the short supply. At some point, that may not be the case. With the potential for less production and increasing demand, a commodity investment may outperform the equity side as sluggish revenue growth offsets the higher margins from production. The following 10 ETFs are an introduction for investors that want commodity exposure but may not ...
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Apple CEO Tim Cook Sells Half of His $282 Million Stock Award
There are many motivations for a CEO insider to sell shares of the company they head. For Apple Inc (NASDAQ: AAPL) CEO Tim Cook, this has been a pattern that he has established since 2016. Here’s a look at how Apple has performed in the month following the sale of his stock award. Spoiler alert, it hasn’t always been great. Apple has been a stellar performer as it became the first stock to trade with a $2 trillion market cap ...
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10% Owner of General Cannabis Adds 2 million Shares and the Stock Looks Ready to Break Out
General Cannabis Corp (OTCMKTS: CANN) is a Denver-based producer of products and services in the regulated cannabis industry. The company is an over-the-counter penny stock that has pulled back to its support. As the price has been establishing support over the past several weeks, a director and 10% owner bought over 2 million shares with the price trying to break out on Monday. CANN provides an integrated solution that ranges from operational and compliance to marketing and financing needs. They ...
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10 Actively Managed ETFs for Buy and Hold Investors
As the market keeps stretching to new all-time highs, investors must be wondering when the eventual bear market will occur. When you know you’re in the midst of a recession it makes the urgency even stronger. This may be a good time to consider actively managed ETFs as a means of trying to outperform the overall market in the coming months or longer. Actively managed ETFs are an exchange traded product that has similar active management that mutual funds traditionally offer ...
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