Articles
Daily market commentary and analysis.
Invest With Companies That Can Win a Challenging Growth Trend
Most tech trends go through the same phases. First, there’s initial skepticism about whether or not a trend will play out. Once it does start to show some promise, rapid gains are made. But when…
Jul 8, 2024
Insider Activity Report: Nike (NKE)
Robert Swan, a director atNike (NKE), recently bought 2,941 shares. The buy increased his stake by 15%, and came to a total cost of $226,516. Swan was the last buyer in October, picking up 13,072…
Jul 8, 2024
Unusual Options Activity: Permian Resources (PR)
Oil and gas exploration companyPermian Resources (PR), is up 59% over the past year, bucking the overall sideways or down returns for energy stocks. One trader sees a potential pullback over the…
Jul 8, 2024
This Stock Is Ready to Keep Trending Higher
Stocks have started to trade sideways in recent weeks. That’s not a huge problem with markets at all-time highs. The longer stocks trade sideways, the more likely they’ll have a strong breakout when…
Jul 5, 2024
Insider Activity Report: Hormel Foods Corp (HRL)
Katherine Losness-Larson, a SVP at Hormel Foods Corp (HRL), recently bought 830 shares. The buy increased her stake by 4%, and came to a total cost of $25,000. This is the first insider buy since…
Jul 5, 2024
Unusual Options Activity: Pfizer (PFE)
Pharmaceutical giant Pfizer (PFE) is down 23% over the past year. One trader sees further weakness ahead for shares in the coming weeks. That’s based on the August 2 $26 puts. With 28 days until…
Jul 5, 2024
This Sector Is Poised to Build on Its First Half Gains
Different market sectors move at different times. But when a sector does take off, it will often need to pause for a while before moving higher. This consolidation trend is normal, and in some…
Jul 4, 2024
Insider Activity Report: RH (RH)
Gary Friedman, CEO and major holder of RH (RH), recently bought 46,274 shares. The buy increased his stake by 1%, and came to a total cost just under $10 million. This is the first insider buy at RH…
Jul 4, 2024
Unusual Options Activity: NuScale Power Corporation (SMR)
Modular nuclear reactor developerNuScale Power Corporation (SMR) is up 58% over the past year, and up over 5 times from its lows. One trader sees shares pulling back in the coming weeks. That’s based…
Jul 4, 2024
This Isn’t a New Meme Stock Trade, But It Could Still Perform Well
While the markets test new all-time highs and pull back, several companies have seen bigger jumps over the past few months. That includes a resurgence in meme stocks, some of which have seen…
Jul 3, 2024
Insider Activity Report: American Financial Group (AFG)
Amy Murray, a director at American Financial Group (AFG), recently bought 1,200 shares. The buy came to a total cost of $150,205, and increased her position by 55%. This marks the first insider buy…
Jul 3, 2024
Unusual Options Activity: Caesars Entertainment (CZR)
Casino operator Caesars Entertainment (CZR) is down over 20% in the past year, with shares down 5% on Monday alone. One trader sees the stock rebounding in the coming weeks. That’s based on the…
Jul 3, 2024
This Asset Class Should Outperform in the Second Half of 2024
With the first half of the year on the books, tech has cemented its place as the runaway winner. But tech returns have started to slow. And with investors looking more defensively and with the…
Jul 2, 2024
Insider Activity Report: Prospect Capital (PSEC)
Kristin Van Dask, CFO of Prospect Capital (PSEC), recently bought 3,330 shares. The buy increased her stake by 275%, and came to a total cost of $74,925. That follows up on two buys from the company…
Jul 2, 2024
Unusual Options Activity: KeyCorp (KEY)
Regional bank KeyCorp (KEY) is up 47% over the past year, soaring higher following the bank failures in early 2023. One trader sees shares continuing higher in the weeks ahead. That’s based on the…
Jul 2, 2024
Grab An Industry Leader in an Overlooked Market Sector Today
While tech stocks have had a big move higher to start the year, other sectors have lagged. That’s creating a new opportunity. Tech stocks are starting to slow down, and could even pull back. That…
Jul 1, 2024
Insider Activity Report: CME Group (CME)
William Shepard, a director at CME Group (CME), recently bought 326 shares. The buy increased his position by less than 1%, and came to a total cost of $63,569. Shepard was the last insider buy, with…
Jul 1, 2024
Unusual Options Activity: Chevron (CVX)
Energy stocks have been trending higher over the past few weeks, including giants like Chevron (CVX). One trader sees shares making a pullback in the weeks ahead. That’s based on the July 26 $150…
Jul 1, 2024
This Industry Leader Is Poised for Further Growth
The past year has been a challenge for investors. While tech stocks have been soaring, the data suggests that the real economy has been muted. Consumer spending is weak and trending lower. The labor…
Jun 28, 2024
Insider Activity Report: Salesforce (CRM)
Oscar Munoz, a director at Salesforce (CRM), recently bought 2,051 shares. The buy increased his position by 41%, and came to a total price of $499,806. That’s the second insider buy of the month,…
Jun 28, 2024