This is the video recording of our August 19, 2022, All Star Charts Crypto Weekly Strategy Session.
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.
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.
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.
This is the video recording of our August 17, 2022, Inside Scoop Weekly Strategy Session.
The most significant insider activity on today’s list comes in a Form 4 filing by QH Hungary Holdings Ltd, which reported purchases worth roughly $9.2 million in Quaker Chemical $KWR.
The firm now owns 4,440,989 shares, representing a roughly 22.50% ownership stake.