The largest insider buy on today’s list comes in a Form 4 filing by the president of Gen Digital Inc $GEN, Ondrej Vlcek.
Vlcek revealed a purchase of 300,000 shares, equivalent to $4.7 million.
Expert technical analysis of financial markets by JC Parets
by David
The largest insider buy on today’s list comes in a Form 4 filing by the president of Gen Digital Inc $GEN, Ondrej Vlcek.
Vlcek revealed a purchase of 300,000 shares, equivalent to $4.7 million.
by David
From the Desk of Kimmy Sokoloff
We’re still waiting on debt ceiling negotiations.
The indices pulled back on Friday.
by JC
Some things are changing.
Have you noticed?
Let’s keep something in mind. During healthy market environments, you historically see correlations falling.
It’s when volatility spikes in bear markets that correlations all go to 1.
So are these recent divergences just further evidence that this is a strong market for stocks?
The breadth expansion and sector rotation we keep seeing certainly points to that.
So let’s take a look. [Read more…]
by JC
I’ve been at this for 20 years. I’ve seen a lot of uptrends and bull markets in my day. I’ve studied many more that came before me.
Along the way, do you know what you’ll find a lot of in bull markets?
New 52-week highs. [Read more…]
From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
Our Hall of Famers list is composed of the 150 largest US-based stocks.
These stocks range from the mega-cap growth behemoths like Apple and Microsoft – with market caps in excess of $2T – to some of the new-age large-cap disruptors such as Moderna, Square, and Snap.
It has all the big names and more.
It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we developed a separate universe for that. You can click here to check it out.
The Hall of Famers is simple.
We take our list of 150 names and then apply our technical filters so the strongest stocks with the most momentum rise to the top.
Let’s dive right in and check out what these big boys are up to.
by David
From the Desk of Kimmy Sokoloff
The morning session turned into a consolidation after the recent breakout in $SPY.
Powell spoke at 11:00 a.m. ET, so stocks were in wait-and-see mode.
by David
Uncle Warren strikes again…
Berkshire Hathaway $BRK.A has filed another Form 4 for Occidental Petroleum $OXY, this time revealing a purchase worth $201 million.
by David
From the Desk of Kimmy Sokoloff
$SPY broke the February 2 highs, and we’re almost at the 421.22 gap-fill.
Maybe we see that level today.