We debuted a new scan which goes by the name- All Star Momentum.
The Short Report (12-14-2022)
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.
Swing Trader Pro: Afternoon Briefing (12-14-2022)
We saw a lot of volatility after the FOMC meeting today.
We dropped below $SPX 4,000 before quickly bouncing back.
Inside Scoop Weekly Strategy Session – December 14, 2022
This is the video recording of our December 14, 2022, Inside Scoop Weekly Strategy Session.
Swing Trader Pro: Morning Briefing (12-14-2022)
From the Desk of Kimmy Sokoloff
We have the FOMC decision and Fed Chair Powell up at bat today.
I guess the market will be judging Powell’s overall tone to see if and when the Fed will start to pivot.
CEO Noto Reports a SOFI Buy
The largest insider buy on today’s list comes in a Form 4 filing by the CEO of SoFi Technologies $SOFI, Anthony Noto.
Noto disclosed a $5 million purchase of SOFI shares.
December Strategy Session: 3 Key Takeaways
From the desk of Steve Strazza @Sstrazza
We held our December Monthly Strategy Session last week. Premium Members can access and rewatch it here.
Non-members can get a quick recap of the call simply by reading this post each month.
By focusing on long-term, monthly charts, the idea is to take a step back and put things into the context of their structural trends. This is easily one of our most valuable exercises as it forces us to put aside the day-to-day noise and simply examine markets from a “big-picture” point of view.
With that as our backdrop, let’s dive right in and discuss three of the most important charts and/or themes from this month’s call.
Swing Trader Pro: Afternoon Briefing (12-13-2022)
November CPI came in better than expected, and the market was up over 2% at the open then drifted lower all morning.
The $SPY was up at 410 and dropped down to 399, roughly.
There was a lot of profit-taking, and a lot of good short ideas were out there to be had.
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