No love for October yet, but be patient!
If $SPY really pushes past this 425.50 area, there’s potential to 419.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
No love for October yet, but be patient!
If $SPY really pushes past this 425.50 area, there’s potential to 419.
From the Desk of Alfonso Depablos @Alfcharts
Coming into July, the Nasdaq 100 had already achieved record-setting returns through the first six months of the year. Over the past quarter, however, the trend has cooled off as stocks have struggled with overhead supply.
The same could be said for the relative trend as growth stocks have paused their advance versus the overall market.
The chart below shows the Nasdaq 100 versus Russell 3000 ratio coiling beneath a critical level of interest.
by David
From the Desk of Steve Strazza and Alfonso Depablos
The largest insider buy on today’s list comes in a Form 4 filing by Paul Pittman, executive chairman of Farmland Partners Inc $FPI.
Pittman revealed an FPI purchase worth roughly $1 million.
by David
From the Desk of Kimmy Sokoloff
Futures were up overnight, and then poof, we’re now back to flat.
Remember, the market couldn’t get going on Friday…
by David
From the Desk of Kimmy Sokoloff
The market gapped up this morning, and then the indices dropped into their respective gaps.
We’ll know more next week about whether this rally will continue…
From the desk of Steve Strazza @Sstrazza
Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.
We’ve also sprinkled in some of the largest ADRs from countries that did not make the market cap cut.
These stocks range from some well-known mega-cap multinationals such as Toyota Motor and Royal Dutch Shell to some large-cap global disruptors such as Sea Ltd and Shopify.
It’s got all the big names and more–but only those that are based outside the US. You can find all the largest US stocks on our original Hall of Famers list.
The beauty of these scans is really in their simplicity.
We take the largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.
Based on the market environment, we can also flip the scan on its head and filter for weakness.
Let’s dive in and take a look at some of the most important stocks from around the world.
by David
From the Desk of Steve Strazza and Alfonso Depablos
The largest insider buy on today’s list comes in a Form 4 filing by Coliseum Capital Management.
The hedge fund reported a purchase of roughly $5.3 million in MasterCraft Boat Holdings $MCFT, raising its ownership stake to 9.28%.
by David
From the Desk of Kimmy Sokoloff
Out goes September and in comes October.
We’ve seen that October can be bumpy for the first few weeks and then level out as we approach Halloween.