Articles
Daily market commentary and analysis.
Unusual Options Activity: KT Corporation (KT)
Shares of Korean telecom firmKT Corporation (KT) are up over 25 percent since early February. One trader sees a potential move higher in the coming months. That’s based on the October $15 calls. Over…
Apr 23, 2021
Insider Trading Report: APA Corp (APA)
Juliet Ellis, a director atAPA Corp (APA) bought 4,545 shares last month. The buy increased her stake by 130 percent, and came to a total purchase price of $100,000. A company insider also sold…
Apr 22, 2021
The King of Streaming Is Down, But Not Out
Shares ofNetflix (NFLX) took a dive in after-hours trading on Tuesday as the company reported earnings. While earnings were fine, subscriber growth slowed to 208 million. That’s up 14 percent from a…
Apr 22, 2021
Unusual Options Activity: Coty (COTY)
Shares of cosmetics companyCoty (COTY) have nearly tripled since November, on expectations that a reopening economy will be good for cosmetics sales. One trader sees the potential for a move even…
Apr 22, 2021
Unusual Options Activity: Tesla Motors (TSLA)
After an explosive move higher in the past year, a share split, and its inclusion in the S&P 500, shares ofTesla Motors (TSLA) have been trending sideways in recent months. One trader sees a…
Apr 21, 2021
Insider Trading Report: Volt Information Sciences (VOLT)
Arnold Ursaner, a director atVolt Information Sciences (VOLT), recently bought 3,500 shares. The buy increased his holdings by 3 percent, and came to a total cost of just over $12,500. This buy marks…
Apr 21, 2021
Reopening or Not, this Brand Leader Can Head Higher
Media companies have moved to embrace streaming services in the past few years. That move has proven astute, given the pandemic. Now, a handful of companies with other operations are likely to…
Apr 21, 2021
Insider Trading Report: Impac Mortgage Holdings (IMH)
Richard Pickup, a major holder atImpac Mortgage Holdings (IMH), recently added 200,000 shares. The buy increased his stake by 3.4 percent, and came to a total purchase price of $390,000. This follows…
Apr 20, 2021
This Big Tech Laggard Prepares for a Jump Higher
The past few years has seen the rise of a handful of companies reach a market cap of $1 trillion. A few are now closing in on $2 trillion thanks to continued growth. One player near the $1 trillion…
Apr 20, 2021
Unusual Options Activity: Clover Health Investments Corp (CLOV)
Shares ofClover Health Investments Corp (CLOV) have shed half their value since late December. At least one trader sees a further decline ahead. That’s based on the May 25th $9 put options. With 32…
Apr 20, 2021
Insider Trading Report: Evergy (EVRG)
John Wilder, a director atEvergy (EVRG), recently bought 2.27 million shares. The buy is an initial stake, and comes to a total cost of just over $113 million. Insiders have overwhelmingly been…
Apr 19, 2021
Unusual Options Activity: Altice USA (ATUS)
Telecom companyAltice USA (ATUS) has been trending up in the past year, and performing well for a telecom. However, at least one trader sees the potential for a big drop. That’s based on the January…
Apr 19, 2021
The Best Defense is a Solid Offense, Like a Dividend Growth Play
Earnings season is coming in strong so far, as companies are comparing to the start of the pandemic last year. A reopening economy is also helping. But with stocks already back to all-time highs,…
Apr 19, 2021
Unusual Options Activity: Snapchat (SNAP)
Shares of social media firmSnapchat (SNAP) peaked in February before trending down. In the past week, they’ve started moving up again. At least one trader sees a push to new all-time highs. That’s…
Apr 16, 2021
Bank Earnings Justify Higher Prices for Mega-Firms
A number of big banks reported earnings earlier in the week. All of them beat expectations, although all of the big banks gave Wall Street traders a few cautious items to think about as well. A…
Apr 16, 2021
Insider Trading Report: PennyMac Financial Services (PFSI)
MFN Partners, a holder with a director stake atPennyMac Financial Services (PFSI), recently bought 94,106 shares. The buy increased the fund’s holding by less than 10 percent, but came to a total…
Apr 16, 2021
Reopening Delays Bode Well for this On-Sale Sector
A rise in Covid shutdowns internationally, combined with concerns over vaccine safety, may point to a prolonging of a full economic reopening. In any event, the past few weeks have caused a pullback…
Apr 15, 2021
Insider Trading Report: Super League Gaming Corp (SLGG)
Michael Keller, a director atSuper League Gaming Corp (SLGG), recently bought 17,000 shares. The buy increased his stake by over 11 percent, and came to a total cost of just over $103,000. This marks…
Apr 15, 2021
Unusual Options Activity: Nuance Communications (NUAN)
AI speech companyNuance Communications (NUAN) moved higher on Monday asMicrosoft (MSFT) announced it was buying the company. One trader sees the possibility for a bidding war that may lead to a…
Apr 15, 2021
Insider Trading Report: Discovery Inc (DISCA)
Gunnar Wiedenfels, CFO ofDiscovery Inc (DISCA) bought 40,000 shares of the company last month. The buy increased his holdings by 400 percent, and occurred right before a hedge fund implosion…
Apr 14, 2021