From the Desk of Steve Strazza and Alfonso Depablos
The largest insider buy on today’s list comes in a Form 4 filing by JANA Partners Management LP.
The investment firm reported a purchase of $37 million in Mercury Systems $MRCY.
Expert technical analysis of financial markets by JC Parets
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 JANA Partners Management LP.
The investment firm reported a purchase of $37 million in Mercury Systems $MRCY.
by JC
The only real safe haven out there continues to be the US Dollar.
That’s it.
When money flows into the Dollar, stocks are under pressure. You may not always see it at the index level, but you can certainly see it when you count and go one by one across the stock market.
The US Dollar bottomed on December 27th. That was also the day that the Advance-Decline line on the NYSE put in its top. It was also the day that the Russell2000 Small-cap Index peaked.
Here’s the Dollar now making new 3-month highs: [Read more…]
by David
From the Desk of Steve Strazza and Alfonso Depablos
The most significant transaction on today’s list comes in a 13D filing by Carl Icahn.
Icahn revealed an initial stake in JetBlue Airways Corporation $JBLU of 9.91%.
by JC
Rug Pull Season is here!
You guys know me well by now. I’m not exactly one of these fearmongers who spends decades trying to convince people that the next big crash is coming.
There are already plenty of those around.
I’m just trying to make money.
This is a very selfish endeavor for me.
Goal #1: Keep my money. I already have plenty. I want to make sure to hang on to it.
Goal #2: Turn all my money into even more money.
In that order…
There are different ways to accomplish these goals. [Read more…]
From the Desk of Steve Strazza @Sstrazza
Welcome to The Minor Leaguers.
We’ve had some great trades come out of this small-cap-focused column since we launched it back in 2020 and started rotating it with our flagship bottom-up scan, Under the Hood.
For the first year or so, we focused only on Russell 2000 stocks with a market cap between $1 and $2B.
That was fun, but we wanted to branch out a bit and allow some new stocks to find their way onto our list.
We expanded our universe to include some mid-caps.
To make the cut for our Minor Leaguers list now, a company must have a market cap between $1 and $4B.
And it doesn’t have to be a Russell component — it can be any US-listed equity. With participation expanding around the globe, we want all those ADRs in our universe.
The same price and liquidity filters are applied. Then, as always, we sort by proximity to new highs in order to focus on the best players.
The goal is to catch the strongest names while they’re small and have serious upside potential. If any of these stocks ever climb the ranks to the big leagues, the returns could be huge.
We’re looking at up to 10x moves just to break into large-cap land!
Let’s dive into this week’s report and see what’s happening in some of the hottest stocks in the Minor Leagues.
From the Desk of Steve Strazza @Sstrazza
We held our February Monthly Strategy Session last week. ASC Premium Members can click here to watch the replay and download the chartbook.
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.
by David
From the Desk of Steve Strazza and Alfonso Depablos
The most significant transaction on today’s list comes in a Form 4 filing by Aon plc $AON director Lester B. Knight.
Knight reported a purchase of 50,000 AON shares, equivalent to $15 million.
by JC
There are a few questions that need to be answered before proceeding as an investor of any timeframe.
These questions apply to longer-term investors, day traders, and everyone in between. [Read more…]