Up and away we go, with new highs all around.
As the saying goes, we’re overbought, but we can stay this way for some time.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
Up and away we go, with new highs all around.
As the saying goes, we’re overbought, but we can stay this way for some time.
by David
Today’s Hot Corner list is a short one.
Director John D. Harkey, Jr. revealed a purchase of 100,000 shares, equivalent to $852,000, in Lions Gate Entertainment Corp $LGF.B.
by David
From the Desk of Kimmy Sokoloff
It’s another new day, and maybe more new highs.
It’s getting harder to find longs.
We do get opportunities, but it’s more difficult with things stretched like this.
by David
From the Desk of Kimmy Sokoloff
It was kind of a range-bound day, though some names had nice movement.
$IWM and $QQQ led the way. [Read more…]
by David
Today’s Hot Corner list is a short one.
The CEO of Calavo Growers $CVGW reported a purchase of 75,000 shares, equivalent to $2,275,500.
by David
From the Desk of Kimmy Sokoloff
We saw decent reversals in a lot of names on Friday. I would think it was warranted, as a lot of names are extended.
I’ll watch $SPY to see if it stays below the 449.60 level.
by David
From the Desk of Kimmy Sokoloff
That was a nice pop for the market this morning, and then a quick fade up until lunch time.
Consolidation would be healthy.
by David
Today’s Hot Corner list is a short one.
Mubadala Investment Company, a sovereign wealth fund of the United Arab Emirates, filed a 13D for NextDecade Corporation $NEXT revealing an initial stake of 9.00%.