The 13D that has everyone’s attention today is not going to be on our list. That’s because we’re looking for insider buying, not insider selling.
Which brings us to meme stock master and Gamestop $GME Chairman Ryan Cohen.
Expert technical analysis of financial markets by JC Parets
by David
The 13D that has everyone’s attention today is not going to be on our list. That’s because we’re looking for insider buying, not insider selling.
Which brings us to meme stock master and Gamestop $GME Chairman Ryan Cohen.
by David
From the Desk of Steve Strazza @Sstrazza
With market conditions turning increasingly favorable for the bulls, we’re flush with fresh breakouts and new highs in our Inside Scoop universe.
It’s been a long time since this has been the case.
Seeing individual stocks start to offer bullish setups again is some of the best confirmation we could get for the short-term breadth thrusts that have been stacking up in recent weeks.
If this truly was the bottom, then we will continue to see participation expand and there will be plenty more opportunities in the coming months.
Let’s dive in and talk about some of our favorite names that are actionable at current levels.
by David
The largest insider buy on today’s list is a Form 4 filing by Bill Gates.
Gates revealed an additional purchase worth $25 million in Ecolab $ECL, as he continues to add to his position.
From the Desk of Steve Strazza @Sstrazza
Welcome to the 2 to 100 Club.
As many of you know, something we’ve been working on internally is using various bottom-up tools and scans to complement our top-down approach. It’s really been working for us!
One way we’re doing this is by identifying the strongest growth stocks as they climb the market-cap ladder from small- to mid- to large- and, ultimately, to mega-cap status (over $200B).
Once they graduate from small-cap to mid-cap status (over $2B), they come on our radar. Likewise, when they surpass the roughly $30B mark, they roll off our list.
But the scan doesn’t just end there.
We only want to look at the strongest growth industries in the market, as that is typically where these potential 50-baggers come from.
Some of the best performers in recent decades – stocks like Priceline, Amazon, Netflix, Salesforce, and myriad others – would have been on this list at some point during their journey to becoming the market behemoths they are today.
When you look at the stocks in our table, you’ll notice we’re only focused on Technology and Growth industry groups such as Software, Semiconductors, Online Retail, Solar, etc.
Then, like any good technician, we filter the list down to those closest to new highs.
This allows the cream of these strong groups to rise to the top and helps streamline our mission to identify technical breakouts in the top-performing stocks.
by David
This is the video recording of our August 17, 2022, Inside Scoop Weekly Strategy Session.
Monday night we held our August Monthly Conference Call, which Premium Members can access and rewatch here.
In this post, we’ll do our best to summarize it by highlighting five of the most important charts and/or themes we covered, along with commentary on each.
Let’s get right into it!
by David
The most significant insider transaction on today’s list comes in a 13D from Carl Icahn.
Icahn increased his ownership stake in the natural gas services company Southwest Gas Holdings $SWX from 7.6% to 8.7%.
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.