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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How Long Should I Hold a Stock?
How to Form a Selling Strategy
Most investors think a lot about what to buy, when to buy, how much to buy, and how much to pay. Whether they use a value investing strategy or are more trading-oriented, most of the focus on investing comes before shares are ever bought. But that’s only half of investing. The other half? Knowing when to sell. As with buying, there’s no one set answer. It will likely come down to your personal risk tolerance, asset ...
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After the Month in a Decade, Option Traders are Looking for a Major Reversal in the Dollar
After posting the worst monthly performance in a decade, the U.S. dollar has been able to hold its ground. The value of the dollar is typically determined by the exchange rates of the world’s major currencies. The U.S. Dollar Index is one measure that investors typically use to represent the dollar’s performance. Investing I the dollar index can be done through the Invesco DB Dollar Index Bullish Fund (NYSEARCA: UUP) and on Monday, it was the options market on ...
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Axis Capital is Attracting Insider Buying from Director in a Big Way
Axis Capital Holdings Ltd (NYSE: AXS) is a $3.61 billion property and casualty company that saw a surge in buying activity last week from an independent director of the company named Charles A. Davis. Davis is the CEO of Stone Point Capital and Chairman of the Investment committees of the Trident Funds and is not new to investing in property and casualty with previous positions in Progressive Corp in 2012. After succumbing to the market selling in February, the share price ...
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5 Earnings Reports to Watch this Week and What to Expect
It’s been a surprising Q2 earnings season so far. With over 80% of companies beating estimates and earnings growth coming in higher than expected, it has led Goldman Sachs to raise their earnings guidance for the next two quarters last Friday. As we look forward to finishing this week, there are several relevant companies reporting earnings. Here’s five companies to watch and what to expect. As you consider the Q2 earnings season, it’s hard to be bullish about seeing earnings decline ...
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Are Option Bears Readying a Pullback in Technology: Technology Select Sector SPDR Fund (NYSEARCA: XLK)
As the S&P 500 finished higher on Friday to end the week, it was the Technology sector that seemed to lose its way. While the sector finished in the middle of the pack for the week in terms of performance, it was the laggard on Friday with nearly a 1.5% decline. The only other sector to finish lower was Communications. The Technology Select Sector SPDR Fund (NYSEARCA: XLK) is an ETF that tracks the sector and it saw some ...
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