The most significant insider buy on today’s list is a Form 4 filed by Super Micro Computer $SMCI Director Shiu Leung Chan.
Chan reported a $256,440 purchase of SMCI.
Expert technical analysis of financial markets by JC Parets
by David
The most significant insider buy on today’s list is a Form 4 filed by Super Micro Computer $SMCI Director Shiu Leung Chan.
Chan reported a $256,440 purchase of SMCI.
by David
From the Desk of Kimmy Sokoloff
The market finished strong yesterday, and we just might need a little breather before the next move.
by David
From the Desk of Kimmy Sokoloff
The market was in wait-and-see mode with Fed Chair Jerome Powell speaking today.
After he spoke, there was a lot of whip.
by David
From the Desk of Kimmy Sokoloff
The market may be in a standstill until after Fed Chair Jerome Powell speaks today.
What I’ll be watching for today is whether $SPY can break above 411 and trend back up to 415 or so.
by David
The most significant insider buy on today’s list is a Form 4 filing by New York Community Bancorp $NYCB Director Ronald A. Rosenfeld.
Rosenfeld reported a purchase of roughly $756,756 in NYCB.
by David
From the Desk of Kimmy Sokoloff
The market was down but pretty much range-bound today.
It was hard to gain traction on the long side, and I was stopped out of a few names.
by David
Both Icahn School of Medicine at Mount Sinai and CMLS Holdings LLC filed Form 4s for a combined amount of $40 million in GeneDx Holdings Corp $WGS.
Activist investor and retail industry entrepreneur Ryan Cohen took a stake in Nordstrom $JWN, sending the stock higher by more than 20% Friday.
by David
From the Desk of Kimmy Sokoloff
I mentioned in Friday’s Morning Briefing that if $SPY really breaks below 412.88, we can see 408.
SPY traded in that range this morning. Currently, 408 is support.
If we bounce, we can head back up to 411. If not, we can see 405.13.