The most significant transaction on today’s list comes in a Form 4 filing by Diversified Healthcare Trust $DHC director Adam Portnoy.
Portnoy revealed a DHC purchase worth roughly $17.9 million.
Expert technical analysis of financial markets by JC Parets
by David
The most significant transaction on today’s list comes in a Form 4 filing by Diversified Healthcare Trust $DHC director Adam Portnoy.
Portnoy revealed a DHC purchase worth roughly $17.9 million.
by David
From the Desk of Kimmy Sokoloff
The market has a hangover after yesterday’s Fed meeting. No rate hike, but Powell might continue to hike down the road.
The indices are extremely overbought. $TGT and $NKE had their first real up days.
From the Desk of Steve Strazza @Sstrazza
Dividend Aristocrats are easily some of the most desirable investments on Wall Street.
These are the names that have increased dividends for at least 25 years, providing steadily increasing income to long-term-minded shareholders.
As you can imagine, the companies making up this prestigious list are some of the most recognizable brands in the world.
Coca-Cola, Walmart, and Johnson & Johnson are just a few of the household names making the cut.
Here at All Star Charts, we like to stay ahead of the curve.
That’s why we’re turning our attention to the future aristocrats. In an effort to seek out the next generation of the cream-of-the-crop dividend plays, we’re curating a list of stocks that have raised their payouts every year for five to nine years.
We call them the Young Aristocrats, and the idea is that these are “stocks that pay you to make money.”
Imagine if years of consistent dividend growth and high momentum and relative strength had a baby, leaving you with the best of the emerging dividend giants that are outperforming the averages.
By adding our technical analysis to the mix, the Young Aristocrat setups give you the opportunity to own the best of the market’s future blue-chip winners before they become must-own household names.
Often, the strongest performers in this universe and even the Aristocrats themselves pay relatively small dividends.
This is usually because the stock appreciation makes it tough to keep up with the payout — even for companies that consistently grow their yield in the double-digits!
For this reason, we don’t have a minimum threshold for the dividend.
What we’re really doing here is creating a list of quality stocks based on their ability to persistently grow their shareholder return.
And maybe the best part? This list is not just designed for long-term investors. Any kind of investor or trader can use this list as it helps generate ideas across all time frames, even the short term.
Remember, some of the most important filters we use for this list are momentum, relative strength, and proximity to new highs.
by David
From the Desk of Kimmy Sokoloff
After the first hour of trading we were mostly flat.
The Fed did what it had to do, and now we’ll watch the markets.
by David
This is the video recording of the June 14, 2023, Hot Corner Insider Weekly Strategy Session.
by David
The most significant transaction on today’s list comes in a Form 4 filing by Ryan Cohen, executive chairman of GameStop $GME.
Cohen revealed a purchase of 443,842 GME shares, equivalent to roughly $10 million.
by David
From the Desk of Kimmy Sokoloff
We’ve got the Fed today, and let’s say we sell off.
Even so, it would be a much needed consolidation.
by JC
How’s the Bull Market treating you so far?
Can you believe it’s been a year already since the new 52-week lows list peaked?
Remember, the first thing stocks need to do before they can start to go up in price, is to stop going down!
That happened 1-year ago.
Since then Technology, Communications, Consumer Discretionary and Industrials are all up over 20%. Tech is up almost 40%.
Meanwhile, Healthcare and Financials are each up 10% during this period.
And then some of the more defensive sectors, like Staples and Utilities, are up, but very much underperforming the more offensive sectors.
This is all perfectly normal behavior in bull markets, so we’re not surprised at all. No one should be.
Here’s a chart of each sector’s performance since the start of this bull market – exactly one year ago! [Read more…]