Trading Tips Blog

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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The job market held up well last year, with unemployment near historic lows. That’s even after rising interest rates weighed on potential economic expansion. And it’s even after many big-cap tech companies announced tens of thousands of layoffs. That trend will likely continue this year. Companies are finding ways to do the same – or more – with fewer employees. Advances in technology such as AI can make that happen. The latest company to announce layoffs is Xerox (XRX). The imaging technology ...
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Six directors at Simon Property Group (SPG) recently added to their positions. The buys ranged from $26,756 to $52,793. Each director increased their holdings by about 1 percent. This is similar to other buys made by Simon directors on a quarterly basis going back over the past few years. Aside from these buys, the company’s Chief Administrative Officer bought nearly $1 million in shares in mid-2021. There have been no insider sales over the last two years. Overall, Simon insiders own Read More About This

Swiss bank UBS Group (UBS) soared over 50 percent last year, coming off extremely low valuations. One trader is betting on a pullback in shares in the coming months. That’s based on the May 17, 2024 $25 puts. With 132 days until expiration, 11,402 contracts traded compared to a prior open interest of 200, for a 57-fold rise in volume on the trade. The buyer of the puts paid $0.60 to make the bearish bet. UBS shares recently traded for just over ...
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2023 was a great year for the markets. But behind the headline data, some sectors performed better than others. Most of 2023 followed the narrative of rising interest rates. That weighs on the cost of capital. However, that trend has started to shift in recent months. Interest rates have peaked. And investors are looking toward interest rate cuts in 2024. That could prove a boon for companies that benefit from lower rates, which may be outperformers this year as a result. One ...
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Lawrence Hilsheimer, CFO at Greif (GEF), bought 2,210 shares in two transactions in the last week of December. The buys increased his position by just under 2 percent, and came to a total cost just under $150,000. The CFO was a buyer and seller of shares earlier in 2023 as well. A few other company insiders were active, mostly as sellers, with one notable buy from the company’s Chief Supply Chain Officer. Overall, Greif insiders own 4.9 percent of shares. The packaging ...
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