When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
U.S. indices were trading lower as Amazon.com, Inc. (NASDAQ: AMZN) fell following earnings and as COVID-19 delta variant concerns continue to drive market uncertainty.
This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.
Bitcoin (CRYPTO: BTC) and major cryptocurrencies remained rangebound as the global cryptocurrency market capitalization rose 1.37% to $1.57 trillion on Thursday night.
Paypal Holdings Inc (NASDAQ: PYPL) will soon roll out a new version of its digital wallet interface, called the “super app”, which will include increased functionality with cryptocurrencies.
Last year, Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google launched a major redesign and expansion of its Google Pay app on Android and iOS, threatening Square (NYSE:
U.S. indices were trading higher Thursday as investors weighed recent economic data and Wednesday's Fed decision. Investors also watched for developments related to a US infrastructure deal.