No matter how much you like a company, or believe in its future, sometimes you have to stay on the sidelines before a major breakout occurs. Shares of Sirius XM Holdings (SIRI) seem to fit that bill, having been rangebound between $5–$7 for the past five years. The company is one of the best-known audio […]
Trade of the Week: Wells Fargo
With earnings season coming up, we’re seeing some unusual action in big bank options. The expected rate increases from the Fed in 2022 mean that banks could see greater profitability from their interest rate spreads. This is leading to expectations of strong guidance from banks during earnings season. One strategist is using a covered call […]
The Three Best BDC Stocks for Rising Interest Rates
Dear Investor, The Fed has said it will finally hike interest rates this year. As rates rise, business development companies (BDCs) are a type of income stock that should perform especially well. However, the uncertainties from inflation, omicron, and a waffling Federal Reserve will likely make for a bumpy ride over the next six-to-nine months. […]
The #1 stock I still like in technology
Many tech stocks are still being decimated with many down 50%+ from highs. Logically, you’d think “stay away from all tech.” And that may be true in a general sense. However, I’m looking at one specific sector right now that is still set to boom in 2022 based on the charts (and fundamentals) I’m watching. […]
Insider Buying at DocuSign Could Signal Coming Stock Price Strength
If you want to spot potential opportunity, pay attention to insider buying. After all, who knows a company better than an insider? In fact, if an executive or board member at a company is buying a sizable number of shares, it’s often a good idea to start looking into why, and perhaps follow them into […]
Apple: the First $3 Trillion Company
Apple (AAPL) became a $1 trillion company in August 2018, and two years later—August 19, 2020—became the first company to be valued at $2 trillion. Then, the tech giant started out 2022 with a bang. On Monday, January 3, AAPL shares rose by 3% intraday, taking it past the latest milestone—$3 trillion. Apple had briefly […]
Profit from the Coming Rise in Interest Rates
Dear Investor, Last week, the stock markets were shocked to discover from the Federal Reserve that interest rates might actually move higher this year. Too many years at near-zero interest rates have corrupted the investing process. While we should welcome higher interest rates, getting there won’t be painless. Investors should prepare for more stock market […]
Rising Demand for COVID-19 Booster Shots Help Turn This Drug Store’s Fortunes
The coronavirus pandemic isn’t finished with us just yet, but hopefully it’s nearing its end. On Monday, the U.S. reported 1.08 million new cases of COVID-19, according to the Johns Hopkins University of Medicine’s Coronavirus Research Center. “The new daily tally brings the total number of cases confirmed in the U.S. since the start of […]
2022 Could be a Good Year for Goodyear Tire & Rubber
With much of the focus lately on the electric vehicle (EV) market, one overlooked segment is the companies that make and sell the tires that these cars and trucks will use. With many valuations stretched for the stocks and companies that make EVs, Goodyear Tire & Rubber (GT) seems to be a cheaper way to […]
Trade of the Week: INTC
Although normally an active options stock, there was significantly more volume than usual in Intel (INTC). The semiconductor giant saw almost 500,000 options trade on a big day last week, with 72% of the action on the call side. One interesting trade from the day was a very bullish three-legged spread where a put was […]