Expert technical analysis of financial markets by JC Parets
by David
The insider “run” on regional bank shares continues, with Form 4s from nine more directors and executives from boardrooms and C-suites in that troubled sector leading today’s Hot List:
by David
From the Desk of Kimmy Sokoloff
It’s been a long week, and a complete chop-fest at that.
We’ll see if $AAPL has saved the day.
They had no growth, from what the news says.
by David
From the Desk of Kimmy Sokoloff
What a wild day in the markets…
I think we just need to get $AAPL’s earnings out of the way.
by JC
Another day goes by and another bank that doesn’t matter disappears.
This is a big deal.
In theory, investors should care about a handful of these regional banks no longer in existence.
But they don’t.
In theory, there should be systemic implications to all of this, and the selling in little regional banks should spill into other, more important, parts of the market.
But it hasn’t.
In theory, the inverted yield curve should precede a recession and all the money printing should ultimately cause a collapse.
But it hasn’t.
And that’s my point here.
At what point does anyone care?
I’m waiting for it myself.
For me, it’s two things: [Read more…]
by David
The largest insider transaction on today’s list is a Form 4 filing by the chairman and CEO of American Assets Trust $AAT, Ernest Rady.
Rady reported a purchase of AAT shares worth $5.6 million.
by David
From the Desk of Kimmy Sokoloff
May the Fourth be with you!
We now have the Fed behind us, and there are more bank troubles.
This is worrisome.
From the Desk of Steve Strazza @Sstrazza
When investing in the stock market, we always want to approach it as “a market of stocks.”
Regardless of the environment, there are always stocks showing leadership and trending higher.
We may have to look harder to identify them depending on current market conditions. But there are always stocks that are going up.
The same can be said for weak stocks. Regardless of the environment, there are always stocks that are going down, too.
We already have multiple scans focusing on stocks making all-time highs, such as Hall of Famers, Minor Leaguers, and the 2 to 100 Club.
We filter these universes for stocks that are exhibiting the best momentum and relative strength characteristics.
Clearly, we spend a lot of time identifying and writing about leading stocks every week, via multiple reports.
Now, we’re also highlighting lagging stocks on a recurring basis.
by David
From the Desk of Kimmy Sokoloff
It’s Fed Day, and we know the drill…
Up, down, and all around.
