Trading Tips Blog

Timothy Wentworth, CEO of Walgreens Boots Alliance (WBA), recently added 10,000 shares. The buy increased his stake by 2 percent, and came to a total cost of $242,220. This is the first insider buy since last June, when an executive vice president picked up 5,172 shares at a cost of just under $147,000. Otherwise, there has been one insider sale in the past year for a mere 1,000 shares. Overall, Walgreens insiders own 17.4 percent of shares. Shares have dropped by over ...
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Airline operator United Airlines (UAL) has been in an uptrend for the past few weeks, and has now reversed its losses from 2023. One trader sees a further rally in the weeks ahead. That’s based on the February 16 $45 calls. With 37 days until expiration, 15,099 contracts traded compared to a prior open interest of 553, for a 27-fold rise in volume on the trade. The buyer of the calls paid $1.56 to make the bullish bet. United Airlines shares recently ...
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After leading the market for most of last year, big-cap tech plays investing heavily in artificial intelligence (AI) may take a backseat. That could lead some to think that there was a mini-bubble in AI that is now deflating. However, that’s not how bubbles work. AI is still in its early stages. And it will take years for the trend to play out. That’s why the potential for a bubble exists down the line. For 2024, however, AI stocks may slow. That ...
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Alexander Merk, COO at ASA Gold & Precious Metals (ASA), recently bought 25,549 shares. The buy increased his stake by 26 percent, and came to a total cost of $388,161. Two company directors bought shares at the same time, with purchases totaling about $40,000. Going further back, company insiders have been regular and steady buyers of shares over the last year, with no insider sales. An asset manager with a major stake has also been buying more. In total, ASA ...
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Agricultural producer Archer Daniels Midland (ADM) is out of favor with the market. Shares are down 16 percent over the past year, and one trader sees more downside in the months ahead. That’s based on the March $65 puts. With 65 days until expiration, 6,037 contracts traded compared to a prior open interest of 158, for a 38-fold rise in volume on the trade. The buyer of the puts paid $1.10 to make the bearish bet. ADM shares recently traded just under ...
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Consumer spending shifted last year, with customers opening up their wallets to buy more services like travel and tourism. As a result, less money was available for goods. That trend looks likely to continue. And until it shifts back, spending on dining out at restaurants looks like a trend that will push even higher, even amid concerns of an overall consumer spending slowdown. Restaurant stocks fared well last year. And those that offer reasonable prices can likely continue to improve this year ...
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Scott Martin, a director at Kimbell Royalty Partners (KRP), recently bought 30,000 shares. The buy increased his stake by 49 percent, and came to a total cost of $460,885. This is the first insider buy since December 2022, when another company director bought 100,000 in shares. Otherwise, there have been a few insider sales, one from a third company director, and one from the company’s Controller. Overall, Kimbell insiders own 5.4 percent of shares. The oil and gas royalty company is ...
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Construction giant Fluor (FLR) is up 16 percent over the past year, slightly lagging the overall stock market. One trader sees shares rallying in the coming weeks. That’s based on the February 16, 2024 $40 calls. With 39 days until expiration, 10,429 contracts traded compared to a prior open interest of 170, for a 61-fold rise in volume on the trade. The buyer of the calls paid $0.54 to make the bullish bet. Fluor recently traded for about $36.50, so the stock ...
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