Trading Tips Blog

Eight different insiders stepped up to buy shares of WesBanco Inc (NASDAQ: WSBC) preferred offering that was issued on August 4. For the Wheeling, WV bank, it’s an indication of positive expectations for the bank as it attempts to find a bottom and work it’s way higher. In a week where interest has picked up for banking stocks, it makes the timing of the issuance and purchases interest for those looking for long opportunities. When the company reported earnings on ...
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There probably hasn’t been a more impacted industry than restaurants since all of the COVID-19 closures were sent down by executive orders in almost every community in the world. The Yelp data doesn’t look pretty, but the opportunity to escape this crisis with increased market share a profitability is intriguing as an investor. The only problem is which companies are going to make it and which represent the best investment opportunity. Here are four stocks to consider if you’re becoming ...
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Far from the world of small cap penny stocks are the big, safe names in the investing universe. Dubbed the blue chips, these companies tend to be industry leaders with the size and scale to continue delivering reasonable rewards for shareholders from modest growth and dividends.  The top blue chip stocks of Wall Street may not sound as exciting as smaller plays, but as part of your portfolio, they can provide steady returns. While they may not ...
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If you though the bullish run in gold prices was over, the indications from the options market is arguing that you’re wrong. On Wednesday, a large option spread trade was made on the VanEck Vectors Junior Gold Miners ETF (NYSEARCA: GDXJ) that is indicating significantly more upside in the coming months. You might be wondering what a “junior’ gold miner is. These are typically small companies that is more focused on finding gold reserves and may have higher initial costs ...
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Charter Communications Inc Stock (NASDAQ: CHTR) announced earnings on July 31 and blew away analyst estimates. If you’re an insider and were of the mind that the trend would continue, would you buy, sell or hold shares in the company you help run? In the case of Charter, the insiders have stepped up the selling activity. While this doesn’t mean the stock is going crater, it raises questions about the ability of the share price to hold its current ...
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Following Wednesday’s ADP Non-Farm Employment report showing only 167,000 jobs added the against 1.2 million jobs estimate, the pressure is on for Washington to pass a stimulus bill. With the official jobs report coming out on Friday, the potential for a miss appears high and the only thing that may temper a negative report is a bill. There were several financial-oriented stocks that were moving on Wednesday with unusual option activity, which may be indicating an expectation that something will ...
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SmileDirectClub Inc (NASDAQ: SDC) has an upcoming earnings announcement on August 12 after the market close. While analysts are providing their projections for what the company will take home in earnings or revenue, option traders and trying to figure out how much the price will move. The expected movement is based on the pricing determined by the market of options traders buying and selling options. On Tuesday, it was the option bulls that stepped up to the plate to ...
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Iqvia Holdings Inc (NYSE: IQV) is a healthcare diagnostics and research company that recently announced a collaboration with AstaZeneca Plc to help speed up clinical studies potential COVID-19 vaccine as part of the U.S. government’s Operation Warp Speed. One surface that sounds like good news and the price has performed well, however, one of the largest investors in the company just closed out their stake and history suggest they know when to sell. The collaboration is significant as AstaZeneca ...
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