Trading Tips Blog

Oil pipeline company Kinder Morgan (KMI) is trading flat over the past year. Declining energy prices and a lack of interest in the space have kept a lid on shares. One trader sees a jump higher in the month ahead. That’s based on the April 5th $18 call option. With 31 days until expiration, 8,153 contracts traded compared to a prior open interest of 141, for a 58-fold rise in volume on the trade. The buyer of the calls paid $0.16. Kinder ...
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AI stocks have been soaring over the past year and change. Most of the focus has been on big-cap tech companies. They have the big bucks to invest heavily in these technologies right away. But there are other ways to play the trend. While not every AI stock will be a winner going forward, companies seeing real returns already may continue to benefit, and reward shareholders moving forward. One potential winner here is developer C3.AI (AI). The software company posted ...
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William Fisher, a director at Cummings (CMI), recently bought 562 shares. The buy increased his position by 111 percent, and came to a total cost of $149,810. This marks the first insider buy at the company over the past two years. Company insiders have largely been sellers of shares following the exercise of stock options, with sales sometimes ranging as high as over $13 million from the company’s Chairman. Overall, Cummins insiders own 0.4 percent of shares. The engine manufacturer is ...
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Digital payment company Block (SQ) has been an underperforming stock in the past year, with shares just breaking even after a big earnings beat. One trader sees shares trending lower in the weeks ahead. That’s based on the May $70 puts. With 73 days until expiration, 26,315 contracts traded compared to a prior open interest of 1,128, for a 23-fold rise in volume on the trade. The buyer of the puts paid $3.30 to make the bearish bet. Block recently trade near ...
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Consumers have made some big shifts in recent years. The pandemic fueled spending on home goods and electronics. Then, consumers shifted away from buying those products in favor of services such as travel and tourism. Today, consumer spending is showing some signs of shifting. That shift indicates that consumers may be more price-conscious following inflation, meaning they’ll want to look for the lowest-priced bargains. That may explain why eBay (EBAY) is faring well here. The online auction leader just beat ...
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Mark Miller, President and COO of Goosehead Insurance (GSHD), recently bought 5,000 shares. The buy increased his position by 33 percent, and came to a total cost of $369,275. He was joined by the company’s CFO, who bought a new position of 1,332 shares, valued at $99,714. And the company’s general counsel also made an initial buy of 1,000 shares valued at $73,460. Going further back, company insiders have generally been sellers of shares. Overall, Goosehead insiders own 7.9 percent ...
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Dating app Bumble (BMBL) is down 45 percent over the past year, and sank 15 percent following earnings earlier this week. One trader sees further weakness ahead for shares in the coming weeks. That’s based on the April $10 puts. With 48 days until expiration, 39,751 contracts traded compared to a prior open interest of 1,067 for a 37-fold rise in volume on the trade. The buyer of the puts paid $0.30 to make the bearish bet. The company has struggled operationally ...
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While stocks are still near all-time highs, many sectors of the market have lagged. Part of that is simply the excitement in the tech space. Another part is that many non-tech companies have high production costs and lower profit margins. Several of these companies now trade at a compelling discount to the overall stock market. And many also pay generous dividends, reflecting the power of their brands and the moderate growth opportunities ahead. For instance, Whirlpool Corporation (WHR) have sunk 22 percent ...
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