Trading Tips Blog

It’s no secret that artificial intelligence has been the top investment trend of the past year. And that it’s helped big-name tech companies soar higher. In turn, that’s helped the overall market recover sharply from the 2022 bear market. With all of the focus on those big names, many smaller players in the AI space still look like a bargain now. They may have also had a great run this year, but their small market cap makes them better long-term growth ...
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Mark Dewalch, a director at Black Stone Minerals, LP (BSM), recently bought 44,000 shares. The buy increased his position by 14 percent, and came to a total cost of $761,952. The buy came a few weeks after the company CEO made two buys, totaling 108,577 shares. Those two buys came to a total cost of $1.4 million. Going further back, insider buys have far exceeded a small number of insider sales over the past two years. Overall, Black Stone insiders own ...
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Wall Street megabank Citigroup (C) is down 8 percent over the past year, as higher interest rates and a slowdown in financial activity have hit the bottom line. One trader sees shares trending lower. That’s based on the January 2024 $55 puts. With 57 days until expiration, 7,140 contracts traded compared to a prior open interest of 172, for a 42-fold rise in volume on the trade. The buyer pf the puts paid $9.85 to make the bullish bet. Citigroup shares recently ...
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The economy may be showing some signs of a slowdown, but consumers continue to break out their wallets for unique and memorable experiences. That’s in contrast to the pandemic, which featured a focus on buying needed or wanted goods. Consequently, investors likely still have upside as long as consumers are looking to spend on experiences. That can include anything from travel to catching a tour, to enjoying live sports. Related experiences, such as gambling on sports, also remain popular. That’s helped PENN ...
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Badrinarayanan Kothandaraman, President and CEO of Enphase Energy (ENPH), recently bought 1,118 shares. The buy increased his stake by less than 1 percent, and came to a total cost just under $101,000. This is the first insider buy since September, when a company director bought 42,600 shares at a cost of $4 million, at a price about 30 percent higher from where Enphase trades today. Going further back, sellers largely dominated when shares were double their current price. Overall, company insiders ...
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Wall Street megabank Morgan Stanley (MS) is down nearly 10 percent over the past year, as financial stocks have been hit by rising interest rates. One trader is betting on a bounce higher in the coming months. That’s based on the February 2024 $87.50 calls. With 86 days until expiration, 25,470 contracts traded compared to a prior open interest of 201, for a 127-fold rise in volume on the trade. The buyer of the calls paid $0.95 to make the bullish ...
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Earnings season is winding down, following the statements from many big-name companies. But a company that’s been trending higher, combined with strong earnings, can trend even higher. Add in the high likelihood of a seasonal rally, and investors should target these companies to find a winner. The power of seasonality, stock momentum, and improving fundamentals from earnings is hard to argue against, even for a stock making a new 52-week high. One compelling opportunity now is Ross Stores (ROST). The discount retailer ...
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Scott Wagner, a director at BILL Holdings (BILL), recently purchased 8,750 shares. The buy increased his stake by a massive 973 percent, and came to a total cost of $507,500. The buy came a day after another director bought 17,710 shares, paying just over $1 million, and increasing their position by 92 percent. Prior to those buys, insiders have been sellers going back to 2021. Overall, BILL Holdings insiders own about 4 percent of shares. The business management software company is down ...
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