Trading Tips Blog

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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A penny stock is generally considered a company whose share price is less than $5. Frequently, but not always, they are small- to micro-cap companies that trade over the counter (OTC). These are companies whose share price may preclude some classes of investors from holding them, which contributes to increased volatility and potential opportunity. The following six non-OTC companies have outperformed the S&P 500 in the past week and month, but also have some modicum of fundamental strength. As a ...
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The biotech space is hot right now. And it’s likely to continue that way for some time. This is a rich space where investors can find market-beating potential far beyond the more traditional names that tend to dominate Wall Street. The best biotechnology stocks come in a variety of shapes and sizes. Some may focus on treating an individual disease; some may have many. Some are penny stock startup companies; others are dividend stocks. Most trade on the Nasdaq, ...
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After outperforming since the middle of 2018, large cap companies have been trading even with small cap companies for the past few months. The recent performance may be an indication of a shift to small cap stocks, particularly if the market were to take another leg higher in the coming months. Looking for investment opportunities with small companies that have quality balance sheets may provide the bullish leadership. What’s in a balance sheet? The balance sheet includes the company’s assets, liabilities ...
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Franchise Group Inc (NASDAQ: FRG) is set to announce the Q2 earnings on August 6 after the market close (AMC) and the CEO is buying shares leading into the announcement. The buying activity preceded the company’s selection of their number 1 draft pick for Chief Franchising Officer, Todd Evans, who was announced on Monday. The company acquires franchised and businesses looking to franchise in the retail sector. The company currently has four operating segments for Liberty Tax, Buddy’s, Sears Outlet ...
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On July 27, 2020, Cemex broke out of a symmetrical triangle formation that began with the high on June 8. The price surged on high volume before consolidating over the past week. While the price hasn’t broken higher as its testing the resistance on June 8, the option activity appears to be anticipating the price will hold $3. The company broke out on June 8 following their earnings report, with earnings that came out in line with estimates. Since the announcement, ...
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