Trading Tips Blog

Kodiak Sciences Inc (NASDAQ: KOD) saw its first significant insider transaction since March 18 last week. The transaction comes by a 10% owner, which is a good indication that they’re expecting the price to rise. The last purchase of consequence came near the March low before the stock went on a major run. After consolidating since mid-July the price finally broke out on Monday on increased volume. The breakout occurred two weeks after an earnings announcement that beat analyst expectations ...
Read More About This

La Jolla Pharmaceutical Company (NASDAQ: LJPC) hasn’t exactly been a stellar performer over the past three years. Over that period of time, the price has gone from around $40 to as low as $2.50. After two separate rallies off of this level, the price finds it back at the same point with Friday’s close of $3.84. As the price is stabilizing at this level, one director and 10% owner just added a significant amount to his holdings. The last earnings ...
Read More About This

With the market at all-time highs and so many stocks overbought, it makes you want to identify the less-loved companies that are showing potential. The concept is finding companies that are considered oversold but also have a reasonable fundamental reason for moving higher. The following five companies are significantly oversold in the near-term but have stable earnings expectations and room to run higher. The companies listed are trading at or below their four ATR Keltner Channel, which is achieved when the ...
Read More About This

It’s been an incredible run for Plug Power Inc (NASDAQ: PLUG) as the price has gone from $4 to over $14 in a two-month period. When this happens, it makes you wonder when the sellers will start to materialize, and the trend will correct. Corrections come in different forms and the previous correction in July saw extraordinarily little pullback. As the price wavered on Friday, option bears began to buy puts looking for more downside. After trading mostly between $3 ...
Read More About This

Absolutely! The stock market can be volatile, even dangerous. But used correctly, it’s a powerful wealth-building tool that has stood the test of time, including global depressions, wild fluctuations in interest rates, and even world wars. Those who use this tool properly, even following just a few simple guidelines, can build massive amounts of wealth.  What it really takes is an understanding of the common sense and patience involved to make those returns happen. Let’s take a look in detail about how that ...
Read More About This

Red Rock Resorts Inc (NASDAQ: RRR) CEO and 10% owner Frank Fertitta has been busy buying shares of his company in recent weeks. This is the first purchases made in nearly a year as the stock is moving higher. While his purchases are significant, he’s also not the only one in the company buying large blocks of the company’s stock. Red Rock closed 4.53% higher on Thursday as the stock has advanced in 13 of the last 14 days and the ...
Read More About This

Coca-Cola Co (NYSE: KO) has been stumbling as the share price tests the $49 resistance. It’s a price level that Coca-Cola has struggled with in the past as the price typically falls back to $44 since its April high. As the price broke lower on Wednesday, pressuring the Dow, option traders jumped in on Thursday to place bearish trades indicating a near-term move lower back to the support. Since April 7, the price of KO has struggled to gain ...
Read More About This

Every investor should have a funnel or a process that they use to narrow down the universe of tradable stocks to a select set of companies that they would be inclined to trade. One approach is to look at the so-called “smart money.” These large investors have a lot of money that they manage, and option activity is one place to look for where the money is going. The following six companies saw significant bullish option activity in the past ...
Read More About This