Trading Tips Blog

Jorge Gonzalez, President and CEO of The St. Joe Company (JOE), recently bought 1,695 shares. The buy increased his stake by 3%, and came to a total cost of $89,920. This is the first insider buy since Gonzalez bought 1,200 shares for just under $55,000 back in June 2023. Otherwise, Bruce Berkowitz, a major holder and director, has been a steady seller of shares, but still holds nearly 18.4 million. Overall, St. Joe insiders own 0.3% of shares, and major holders ...
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Fast food chain The Wendy’s Company (WEN) is up 8% over the past year, far underperforming the S&P 500. One trader sees shares declining over the coming weeks. That’s based on the December 20 $18 puts. With 46 days until expiration, 27,484 contracts traded compared to a prior open interest of 724, for a 38-fold rise in volume on the trade. The buyer of the puts paid $0.35 to make the bearish bet. Wendy’s shares recently traded for just over $19, so ...
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In the stock market, short-term news often wins the day. For traders, a company’s forward guidance during earnings may be more important than earnings itself. However, over time, growing revenues and growing earnings should translate to a higher share price. When a stock sells off on fearful guidance in the short-term, investors can look at earnings trends to determine if a stock is an oversold buy for the long haul. This week’s earnings season is ripe with opportunities. Chipmaker Advanced Micro Devices ...
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Charles Griffie, a director at Range Resources Corporation (RRC), recently bought 1,275 shares. The buy increased his stake by 13%, and came to a total cost of $40,112. Griffie was the last insider to buy, with a 1,500 share pickup back in May at a cost of just under $52,000. In the intervening months, several company insiders have been sellers, including the company CEO and CFO, who reduced their holdings by 11% and 5% respectively. Overall, Range Resources insiders own 2.6% ...
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Solar panel manufacturer First Solar (FSLR) is up 40% over the past year, slightly edging out the overall market, although shares are well off their summer highs. One trader sees a rally in the weeks ahead. That’s based on the November 15 $245 calls. With 14 days until expiration, 12,344 contracts traded compared to a prior open interest of 190, for a 65-fold rise in volume on the trade. The buyer of the calls paid $4.35 to make the bullish bet. First ...
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Many assets have performed well this year. Stocks hit new all-time highs. So have gold. Even bitcoin is back into rally mode. But oil can’t seem to catch a break. In theory, a strong economy should mean rising energy demand, which should be good for oil.Yet despite OPEC production cuts, oil prices can’t seem to hold much past $70. And that’s hitting energy company earnings hard. That’s creating poor performance for energy players. Among the major oil firms, BP (BP) has lagged ...
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Andrew Florance, President and CEO of CoStar Group (CSGP), recently bought 14,731 shares. The buy increased his position by 1%, and came to a total cost of $1,099,966. This marks the first insider buy at the company over the past two years. Insiders, including the CEO, CFO, and several directors, have been regular and consistent sellers of shares. That includes a sale from a director amounting to over $5.3 million the same day the CEO bought shares. Overall, CoStar Group insiders ...
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Gaming and media company Roblox (RBLX) is up 33% over the past year, just slightly underperforming the overall market. One trader sees shares trending higher over the coming weeks. That’s based on the November 29 $48 calls. With 29 days until expiration, 11,506 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 $1.10 to make the bullish bet. Roblox shares recently traded for about $42.50. They’d ...
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