CEO of Entercom Communications Broadcasting Outlook with Large Share Purchase
David Field, CEO of Entercom Communications Corp (NYSE: ETM), stepped up and bought shares of his company this week as his holdings increased nearly 5%. The purchase comes as the price of the stock is staging a short-term rally and comes after the company missed analyst estimates last Friday but saw the share price rise on the session. The purchase comes at a good time technically and looks like this may be a bullish signal for a near-term move ...
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Option Bulls Not Playing Games with Glu Mobile Following Post-Earnings Sell-Off
Glu Mobile Inc (NASDAQ: GLUU) is a free-to-play mobile game company for smartphones and tablets. The stock fell 15% overnight on the earnings announcement and continued to fall over the next four days before stabilizing on Wednesday. As the bulls began to push back yesterday, the option market saw a flurry of bullish activity aiming for the stock to restore its early August high. One of the key metrics for gaming companies is bookings. Glu reported 79% growth in bookings ...
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Is Insider Selling in Inspire Medical Something to Worry About?
Sleep apnea technology company Inspire Medical Systems Inc (NYSE: INSP) has had a great year so far in 2020. After a significant, but brief, sell-off in early March, its been off to the races ever since. However, following their August 4 earnings report, the stock price shot higher before crashing down near the low by the end of the session. Since the release, some large insider sale transactions have occurred and may be an indication that the share price ...
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5 Warren Buffet Stocks to Buy for New Investors
Warren Buffett is known for being a value investor. The concept of value investing, and fundamental investing generally, is to buy stocks at a discount. If you were to look at Berkshire Hathaway’s holdings today, not every stock is a good investment as a new position. As a result, considerations for the current earnings prospects and valuation need to be considered which would be the best opportunity to buy today. Here are five of the best value opportunities from ...
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How Many Stocks Should I Own?
What a Well-Balanced Portfolio Should Look Like
Investors who are just starting out in the stock market either take one of two paths. If they’re risk-averse, they may start investing with a mutual fund or ETF, which owns many stocks and makes management decisions on their behalf. The most common of these funds are index funds, which follows a specific stock market index on Wall Street, such as the Dow Jones Industrial Average, the S&P 500 Index, or the Nasdaq. For individual investors ...
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Tesla Announces Stock Split as Insiders Sell Shares Into Highs
Tesla Inc (NASDAQ: TSLA) appears to be following the trend of Apple and is partaking in a 5-for-1 split. The resulting price will trade at one-fifth the price and shareholders before the split get five times the shares. The recent announcement appears to buck a rather long trend of companies not splitting their shares. Is the split announcement a signal to buy? Insider trading suggests it may be a good time to take profits in Tesla. The announcement from Apple ...
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Bearish Bets Build Ahead of Cisco’s Earnings Report on Wednesday
Cisco Systems, Inc (NASDAQ: CSCO) announces earnings today after the market closes. While the actual results are unknown, traders are positioning themselves ahead of the report to profit. The great thing about the options market is that you can take directional or non-directional trades. You can play volatility dynamics or just play the expectation that the price doesn’t move. On Tuesday, the option activity appears to be indicating a large bearish move over earnings. Cisco has a solid history of beating ...
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5 High Beta Stocks that are Breaking Out
On Monday, we posted about ETFs to watch this week. One of those was the Invesco S&P 500 High Beta ETF. As you scan down the list of top holdings, you’ll see a number of companies that have high short interest. The rotation to more value-oriented companies with high short interest was likely going to be a key driver if the market were to test the all-time high this week. One look at the fund and its holdings and ...
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