From the Desk of Steve Strazza and Alfonso Depablos
The most significant insider transaction on today’s list is a Form 4 filing by Farhad A. Nanji, Founder of MFN Partners Management LP.
Nanji reported a purchase of roughly $832,400 in RXO Inc $RXO.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Steve Strazza and Alfonso Depablos
The most significant insider transaction on today’s list is a Form 4 filing by Farhad A. Nanji, Founder of MFN Partners Management LP.
Nanji reported a purchase of roughly $832,400 in RXO Inc $RXO.
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.
But we’re also highlighting lagging stocks on a recurring basis.
by David
This is the video recording of the April 17, 2024, Hot Corner Insider Weekly Strategy Session.
by David
From the Desk of Steve Strazza and Alfonso Depablos
The only insider transaction on today’s list comes in a 13D filing by the Wellington Management fund Bay Pond Partners.
The hedge fund revealed an initial active stake of 5.01% in Redwood Trust $RWT.
by David
From the Desk of Steve Strazza and Alfonso Depablos
The largest insider transaction on today’s list comes in multiple Form 4 filings by the CEO, the general counsel, and the executive vice president of operations of Science Applications International Corporation $SAIC.
Among them the three directors revealed combined purchases of $490,670 in SAIC shares.
From the Desk of Steve Strazza @Sstrazza.
Welcome back to Under the Hood, where we’ll cover all the action for the two weeks ended April 12, 2024. This report is published bi-weekly, in rotation with The Minor Leaguers.
What we do here is analyze the most popular stocks during the week and find opportunities to either join in and ride these momentum names higher, or fade the crowd and bet against them.
We use a variety of sources to generate the list of most popular names.
There are so many new data sources available that all we need to do is organize and curate them in a way that shows us exactly what we want: a list of stocks that are seeing an unusual increase in investor interest.
Click here for a behind-the-scenes look at our process.
Whether we’re measuring increasing interest based on large institutional purchases, unusual options activity, or simply our proprietary lists of trending tickers, there’s a lot of overlap.
by David
From the Desk of Steve Strazza and Alfonso Depablos
The largest insider move on today’s list comes via Form 4 filing by Warren Buffett and Berkshire Hathaway.
Buffett and Berkshire reported purchases in The Liberty SiriusXM Group $LSXMA for a total amount of $50 million.
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.