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.
by David
This is the video recording of our August 17, 2022, Inside Scoop Weekly Strategy Session.
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%.
by David
Elliott Management is at it again.
Following the revelation of large stakes in Paypal $PYPL and Pinterest $PINS just last month, the activist fund was in the news again on Monday.
This time it’s targeting the healthcare space, with a large investment in Cardinal Health $CAH.
by David
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.
by David
From the Desk of Steve Strazza @Sstrazza
Everything has been working lately, as the weight of the evidence continues to stack up in favor of the bottom being in for the current cycle.
The short-term breadth thrusts in late July were among the first signs of it. This week, we’re seeing new highs spread out to longer time frames, such as our 63-day indicators.
The percentage of stocks above their 200-day moving average has rebounded higher after undercutting the critical 15% level. This has marked significant bottoms in the past.
Participation has spread beyond growth stocks over the near term, as materials and energy are also rallying and reclaiming key levels. We can say the same for crypto.
And, most importantly, we’re finally seeing upside resolutions. Not only that, they’re holding.
Some of our favorite charts right now are short-term reversal patterns. We’re seeing them all over in growth stocks.
Let’s talk about some we’re buying.