Articles
Daily market commentary and analysis.
Unusual Options Activity: BP (BP)
At least one trader is betting that oil giantBP (BP) will head higher despite reporting its fifth-quarterly loss in a row on Tuesday. The trader bought the December 18th $15 call options, expiring in…
Oct 28, 2020
This Beverage Giant Is Restructuring for a Rally
One of the world’s biggest and best-known brands has been a laggard in today’s market. Now a lumbering behemoth,Coca-Cola (KO) has lagged the market and peers in the beverage and defensive consumer…
Oct 28, 2020
Insider Trading Report: First American Financial (FAF)
Mark Oman, a director at specialty insurance companyFirst American Financial (FAF), recently bought 4,000 shares. The buy increased his holdings by nearly 12 percent and came to a total cost of just…
Oct 28, 2020
One Pension Fund Is Bullish on this Best-of-Breed Fintech Company
PPGM, a Netherlands-based public pension fund, just reported its latest securities holdings to the SEC. The fund scaled back on some of its tech trades, and also started a position in a video game…
Oct 27, 2020
Insider Trading Report: Cadence Bancorp (CADE)
Joseph Evans, a director atCadence Bancorp (CADE), recently added 4,000 shares. The buy came to just over $48,000, and increased his holdings by 0.9 percent. This follows up on multiple buys from…
Oct 27, 2020
Unusual Options Activity: Cisco (CSCO)
Shares ofCisco (CSCO) have been trending down the past few weeks. One trader betting that shares still have another 14 percent to decline. That’s the logic behind the move in the November 20th $32.50…
Oct 27, 2020
Insider Trading Report: Del Taco Restaurants (TACO)
Ari Levy, a director atDel Taco Restaurants (TACO), recently added 67,400 shares to his holdings. The buy came to just over $504,000. The director now owns over 3 million shares of the company.…
Oct 26, 2020
Big Tech Still has Room to Run: Consider this Monopoly Play
Large companies in the technology space are facing increased regulatory scrutiny. Lawmakers of all political stripes are concerned with the abilities of big tech companies in nearly all facets of…
Oct 26, 2020
Unusual Options Activity: Kennedy-Wilson (KW)
One trader sees a rally in the next month inKennedy-Wilson (KW), a real estate company with a focus on multi-family properties. The November 20th $15 calls, expiring in 25 days, saw over 3,300…
Oct 26, 2020
Insider Trading Report: Fastenal (FAST)
Hsenghung Hsu, a director atFastenal (FAST), recently started a stake at the company with a 2,000 share buy. The buy came to just over $88,000. This follows on a 550 share buy from another director…
Oct 23, 2020
Unusual Options Activity: Occidental Petroleum (OXY)
At least one trader sees some big downside ahead forOccidental Petroleum (OXY). That’s based on the 23,860 contracts traded on the February 2021 $8 put. With shares around $9.80, that implies a 19…
Oct 23, 2020
Mid-Cap Value Might About to Shine
The stock market has been increasingly driven by mega-cap corporations in recent years. Those companies have offered huge growth, but have also been largely in the tech space. That’s left a lot of…
Oct 23, 2020
Big Banks Are Buying into Fintech — Consider this Top Play Instead
One of the biggest trends in the past few years has been in the payment space. A number of companies are offering alternative ways to clear payments that bypass the existing credit card system or the…
Oct 22, 2020
Insider Trading Report: Tiptree (TIPT)
Michael Barns, Executive Chairman and a major holder atTiptree (TIPT), recently added 6,104 shares to his holdings. The buy came to just under $32,000. He followed up with a buy on Tuesday of 4,954…
Oct 22, 2020
Unusual Options Activity: Sibanye Stillwater Limited (SBSW)
Although shares ofSibanye Stillwater (SBSW) are at a 52-week high, one trader sees shares moving even higher. The April 2021 $15 calls on the company saw a 20-fold rise in volume. Over 2,580…
Oct 22, 2020
Unusual Options Activity: UBS Group AG (UBS)
Shares of Swiss bankUBS Group AG (UBS) had a decent day on Tuesday, as the bank reported its strongest third-quarter earnings in a decade. Traders see more upside ahead. That’s shown by the 16-fold…
Oct 21, 2020
This Corner of the Entertainment Sector Gets an Upgrade
There’s an entertainment sector that was bigger than the movie box office before the pandemic. That industry? Video games. Over the years, the space has grown to include a number of publishers and…
Oct 21, 2020
Insider Trading Report: Carnival Corp (CCL)
Richard Glasier, a director atCarnival Corp (CCL), recently picked up 10,000 shares. The purchase came to just over $140,000, and increased the director’s stake by 23 percent. This marks the second…
Oct 21, 2020
Insider Trading Report: Citigroup (C)
Lew Jacobs, a director atCitigroup (C), recently added 10,000 shares. The buy came to just over $440,000, and increased the director’s stake by 77 percent. He now owns over 22,900 shares. The trade…
Oct 20, 2020
One Contrarian Fund Bets Big on This Bank
Banks are an out of favor part of the market right now. With interest rates back at zero, the profits from lending are lower as well. And while some big banks have reported solid earnings thanks to…
Oct 20, 2020