The most significant transaction on today's list comes in a Form 4 filing by White Mountains Insurance Group LTD, who revealed a purchase of $59.1 million in MediaAlpha Inc $MAX.
White Mountains increased its ownership stake in MAX to 37.50%.
These are the registration details for our Live Monthly Candlestick Strategy Session for Premium Members of All Star Charts.
This month’s Video Conference Call will be held on Wednesday July 5th @ 6PM ET. As always, if you cannot make the call live, the video and slides will be archived and published here along with every other live call since 2015.
From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
Our Hall of Famers list is composed of the 150 largest US-based stocks.
These stocks range from the mega-cap growth behemoths like Apple and Microsoft – with market caps in excess of $2T – to some of the new-age large-cap disruptors such as Moderna, Square, and Snap.
It has all the big names and more.
It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we developed a separate universe for that. Click here to check it out.
The Hall of Famers is simple.
We take our list of 150 names and then apply our technical filters so the strongest stocks with the most momentum rise to the top.
Let’s dive right in and check out what these big boys are up to.
The most important crop report of the year has hit.
Yes, it’s generated quite the buzz over the past few weeks, as grain markets ripped higher in anticipation.
Some observers even speculated that Friday’s report was the most important in the history of the agrarian economy.
So let’s round down, be conservative, and call it the most important crop report in 5,000 years.
Seriously, though, it was a big deal, as acreage estimates for soybeans represent the largest miss since the report's inception – or, like, ever, in history.
More importantly for traders and investors, the report brought increased volatility.
If you’re like me and prefer to sit out these kinds of days, you’re patiently waiting for the dust to settle.
Meanwhile, if you’re at all put off by the volatility of these futures contracts, I have a vehicle that promises a much smoother ride…
Let’s talk about Archer Daniels Midland $ADM, “supermarket to the world.”
The $41B commodity behemoth has more than 100 years of experience in the grain markets.
If it can't rally in this market, what happens if the market pauses or pulls back?
I was looking for a good short exposure candidate to balance out my portfolio a little bit and I came across this bearish idea the team published this week that makes a lot of sense for a quick hit if we get it right.
Monday is an early close for the market, and today is month-end, quarter-end, and options expiration. $SPY is right into the gap I spoke about all week at 438.97.
