Shares of AT&T (T) have struggled throughout 2020 after coming into the year just above the $39 level. The current 25% pullback has pushed the dividend yield above the 7% level despite the company’s fundamentals remaining quite strong. Over the past four quarters, AT&T has reported solid profits 76, 79, 85 and 87 cents a […]
FATE Stock Price Moves on Positive Results From Lymphoma Medication
FATE has become one of the hottest biotech stocks of the year. Since 2020, FATE’s stock price ran from a low of $18.80 to a recent high of $80.19, good for a return of 327%, as compared to the iShares NASDAQ Biotech ETF (IBB), which is up 25%. On Monday morning, the stock was up […]
Trade of the Week: AAPL
Apple (AAPL) tends to be one of the most heavily traded options chains, especially after the stock split this year. As popular as the stock is though, it doesn’t pay much of a dividend. That’s why a trader likely placed a large covered call trade last week. The calls don’t expire until January of 2022, […]
More Room into the Equity Market
One of the predominant themes that we continue to see is a lot of skepticism around the current rally. We think there is more room into the equity market as we continue to see a meltup.
BNTX, PFE Stock Price Pushing Higher On Getting Vaccine Clearance From the United Kingdom
BioNTech (BNTX) and Pfizer (PFE) are pushing higher after the U.K. clear their vaccine for first shots next week ahead of the U.S. According to a press release from Pfizer: “The Medicines & Healthcare Products Regulatory Agency (MHRA) in the U.K. has granted a temporary authorization for emergency use for their COVID-19 mRNA vaccine (BNT162b2), […]
Make This Bullish Call Trade On a Grocery Store Meeting the Needs of Cash-Strapped Consumers
Shares of Grocery Outlet Holding (GO) have dropped over 20% since reaching a 52-week peak of $48.87 in early November. Some of the selling pressure came ahead of the company’s third-quarter earnings announcement and continued afterwards despite an impressive quarter. Grocery Outlet reported third-quarter earnings of 50 cents a share on revenue just north of […]
This Trade Gives You “Dividends” With GLD
There are a few asset types that typically serve as safe-haven investments—assets commonly used by investors when they are concerned about the market. Whether the concerns are economic or political in nature doesn’t really matter. The most common safe-haven investments are gold and bonds. A third category that isn’t quite as popular is utility stocks. […]
LAC Stock Price On The Move With Electric Vehicle Growth
Thanks to an accelerating electric vehicle boom, lithium stocks – like Lithium Americas (LAC) are racing higher. In fact, since Sept. 2020, LAC ran from a low of $7 to $11.52, and could see higher highs on the lithium and electric vehicle (EV) stories. At the moment, the LAC stock price is moving because electric […]
Trade of the Week: PLTR
There was a significant amount of unusual options activity in Palantir (PLTR) last week, with volume 9x the regular amount on one day last week. The data analysis company’s products are used for defense and intelligence and could replace more expensive technology/resources in the US if military spending is cut. The stock was up big […]
TSLA’s Stock Price Jump Creates Space For These Three Electric Vehicle Stocks
When investors hear the words “electric vehicles,” they most often think of Tesla (TSLA) — and rightly so: the TSLA stock price is up 635% over the past year and 485% year-to-date.It’s up about 6,600% since it came public! The TSLA stock price is up even more because the latest earnings report was stellar. As […]