Trading Tips Blog

The labor market remains strong. Unemployment is under 4%, and has only ticked up slightly in the past year, even as interest rates have soared. Companies continue to hire. Even big tech companies laying off employees in one division may be hiring somewhere else. For now, trends support a strong job market. And that could mean that companies that cater to employment and staffing services could be winners overall. One such company is Paychex (PAYX), a provider of HR services such as ...
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Blue Star Exploration Corp, a major holder of Comstock Resources (CRK), recently bought 12,500,000 shares. The buy increased the fund’s position by 7%, and came to a total cost of $100,450,000. This is the first insider buy in just over a year, since the company CFO bought 20,000 shares for just under $200,000. Going further back, other company executives and directors have been bullish on shares, at a higher price from where Comstock trades today. Overall, Comstock insiders own 69.1% of ...
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Automation software company UiPath (PATH) is up about in-line with the overall stock market in the last year. One trader sees a pullback ahead for shares. That’s based on the August $15 put options. With 134 days until expiration, 6,406 contracts traded compared to a prior open interest of 102, for a 63-fold rise in volume on the trade. The buyer of the puts paid $0.34 to make the bearish bet. UiPath shares recently traded for about $21.50. For the option to ...
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Many individual stocks are still recovering from the 2022 bear market. Not every company has benefitted from the recent rally, which was initially fueled on the AI boom. But now with the market broadening beyond tech stocks, some companies left behind have room to run. That includes food and snack companies. These firms were out of favor with markets last year as interest rates peaked, and as new weight loss drugs came onto the market. There’s one last trend weighing on some ...
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William Shepard, a director at CME Group (CME), recently bought 294 shares. The buy increased his stake by about 1%, and came to a total cost of $63,231. This is Shepard’s second buy of the year, following a 1,390 share buy in January for $281,368. Shepard was a repeat buyer last year, and other company directors were buyers in 2022. Otherwise, CME Group executives have been regular sellers of shares. Overall, CME Group insiders own 0.5% of shares. The stock and ...
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Oil and gas major Conoco Phillips (COP) is up 17% over the past year. One trader sees further upside in the months ahead. That’s based on the June $155 calls. With 79 days until expiration, 11,528 contracts traded compared to a prior open interest of 129, for an 89-fold rise in volume on the trade. The buyer of the calls paid $0.27 to make the bullish bet. Conoco shares recently traded for about $129. Shares would need to rise another $26, or ...
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Stocks, sectors, and entire markets often revert to the mean. That simply means that if an asset gets heavily overbought, it will pull back. Or if an asset is oversold, it will outperform and get back to its average over time. This trend can be used to find short-term opportunities. And for the second quarter of the year, one of the “Magnificent 7” stocks could be a winner here. The winning Mag 7 stock for the second quarter could be Tesla Motors ...
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Sridhar Ramaswamy, CEO of Snowflake (SNOW) recently bought 31,542 shares. The buy increased his holdings by 14%, and came to a total cost of just over $5 million. This is the second insider buy in the past month, following a 3,030 share pickup from a director, at a cost of $501,314. Otherwise, company executives have been regular and steady sellers of shares, with about half of those sales coming following the expiration of stock options. Overall, Snowflake insiders own 6.6% ...
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